What do you guys think about this strategy whit turbos that doesn't require you to know which way the price is going? The idea is to buy lets say 1000kpl of long turbos for brent oil with knock off at 86 so you pay about 1€ per turbo so total of 1000€ and while doing that simultaneously you buy same 1000kpl of short turbos with knock off at 88 so you pay same 1000e for them. You are expecting some big news on oil but don't know which way so this way if it goes little up or down you basically stay at 0 loss or profit but if price chages more than euro to one direction you will make profit. And to add to this cost wise my broker doesn't have trading fee for turbos if transaction done is over 100e.
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