What Is a Straddle in Poker? The term poker straddle is best explained as an optional third blind. A player decides, without looking at their cards, to put in a live bet. This is almost always double ...

Options strategies can seem complicated, but that's because they offer you a great deal of flexibility in tailoring your potential returns and risks to your specific needs. One interesting strategy ...

A straddle can be considered a volatility spread, as the trader who puts on the straddle is speculating on the volatility, or degree of movement of the underlying, not necessarily the direction of ...

Editor's note: The following is a special preview from Jeff Hwang's upcoming book, Pot-Limit Omaha Poker: Advanced Play Vol. I, tentatively scheduled to be available in the first half of this year.

Trading options can be a complicated process as a lot of options strategies are available and traders need to evaluate all of the possible routes ahead of executing a trade. As such, Schaeffer's are ...