9/23/2023 0 Comments Will zebra work with zebra 2![]() The ZEBRA is a stock replacement strategy, among the other stock replacement strategies such as the synthetic long stock, risk reversal, and LEAPS. How Closely Does ZEBRA Replicate Stock?.Poor Reward To Risk Ratio At Expiration.Starting from the origin of the term to the basic setup of the ZEBRA, we will then deep dive into probability cones, risk reward ratios, the Greeks, breakeven calculations, extrinsic values, and even measuring the angles of the expiration line - the whole works. This is a comprehensive guide to the ZEBRA strategy.
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