Even in the elite club of option sellers, most traders stick to a limited number of non-directional strategies. They stick to those with a high probability of success. They are happily taking the singles with higher frequency rather than aiming for the fences.
Manish Dewan can be considered the all-rounder of option sellers. He is as comfortable taking directional trades as he is in taking non-directional ones. He is equally at comfort trading a strangle or straddle as he is creating credit and debit spreads or attempting the more exotic ones like a Jade Lizard.
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