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One difference is that short put/call, forming the inner range, should have 30-day expirations, while the long put/call, forming the outer range, should have 60-day expirations.Generally the chargeback claim will be dealt with fairly promptly & you should hear a response within around 60 days with further information as to whether or not it has been successful in your favour.On the face of it, this seems like a good solution.
In this strategy, you buy both the put and the call on the same security.This article offers a concise introduction to this volatile market.
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