Buy 2 ATM calls + 1 ATM put. Big-move play weighted toward the upside.
Shape illustration on a normalized underlying — open the Lab below to price it on a real option chain.
Buy TWO at-the-money calls and one at-the-money put. The mirror strip: a big-move bet weighted toward the upside.
Expecting a violent resolution with an upward tilt — a possible squeeze, a binary approval, an oversold snapback.
Three premiums at risk on a quiet expiration, with heavier daily decay than a straddle.
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Educational content — not investment advice. Options involve substantial risk and are not suitable for every investor. All trading on Opus Options Trading is simulated.