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Straddle

Same-strike call + put

What is Straddle?

Straddle Buying (or selling) a call and put at the same strike and expiration. Long straddles profit from large moves in either direction; short straddles profit from range-bound action.

Complete Definition

Buying (or selling) a call and put at the same strike and expiration. Long straddles profit from large moves in either direction; short straddles profit from range-bound action.

Related Terms

Strangle Volatility Trading

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