Needydude asked:


So can the resident stock market guru explain to me the risks of the following strategy:
Im looking at USO trading at 84.50. If i buy a put 83 strike and call with 85 strike simultaniously, it makes sense that I would profit no matter what direction the stock goes, right? And since both options are out of the money the invesment will not be great either. So is this a plausible strategy?