u/Fendifrenchie

I’ve been experimenting with options structures and built a setup combining a long straddle with short OTM call and put wings, essentially using vertical spreads to offset some of the straddle’s downside. I haven’t found much discussion on this exact structure. Is this because it’s overleveraged, not allowed, or simply inefficient compared to other existing strategies? Is there a better or more standard way to achieve this kind of payoff profile?