This is taken right off my website BELOW MY PICKS. Maybe you should read it. "As a full time trader who is sitting in front of my platform the whole trading day, I may open a position naked, that is no straddle or hedge, then closely watch the position to see if a straddle or hedge is needed. " Moreover, I state "one should consider OPENING a position in this way, NOT hold both... Here is a link, click here: https://www.traderschoice.net/money-page--stock-picks.html