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Long Straddle

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Long straddle
Taking a long position in both a put and a call option.

Long Straddle
The act or state of having a long position in both a put option and a call option with the same underlying asset, strike price, and expiration date. An investor may take a long straddle when he/she believes that the market for the underlying asset will be volatile and will undergo dramatic price changes, but is unsure of which direction the changes will go. The long straddle allows the investor to profit regardless of which direction the underlying moves. It is also called a bullish straddle. See also: Straddle.


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GARETH LONG, SECOND, THIRD, FOURTH Oakville Galleries, Ontario In his academic work, his work with the now-defunct Toronto video collective 640 x 480 and in his recent solo exhibition, Second, Third, Fourth at Oakville Galleries, Gareth Long straddles contemporary notions of sculpture and literary traditions.
This column will examine the long straddle, the pros and cons of putting on a straddle, and the profit and loss potential of this position.
Digging deeper into the data, it seems that some of the volume was related, with at least one investor initiating a long straddle on FST.
 
 
 
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