Long Straddle
A long straddle is a volatility strategy which consists of one long call and one long put of the same strike and expiration. This strategy is used when the investor is unsure of the direction of the underlying asset's price, but expects a significant move. The goal of a long straddle is to profit from a very strong move in either direction.
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Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
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| ABG | ABG Leg 1 |
Action
Qty
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Expiration Date
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Strike
Type
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Price
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Delta
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IV
%
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| ABG | ABG Leg 2 |
Action
Qty
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Expiration Date
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Strike
Type
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Price
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Delta
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IV
%
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Trade Information
Long Straddle
BUY +1 ABG Dec 18, 2026 200.00 call @$11.05
BUY +1 ABG Dec 18, 2026 200.00 put @$8.80
Stock
ABG Current Price
$199.68 USD
ABG Breakeven Price
Outside $180.15 and $219.85
Trade Details
Cost of Trade
$1,985.00 USD
Maximum Profit
Unlimited
Maximum Loss
-$1,980.00
CVaR
Probability Analysis
Probability of Profit (PoP)
Probability of Max Profit
Probability of Max Loss
Risk Reward Analysis
Expected Value (EV)
Expected Return (EV/risk)
Reward/Risk
Position Greeks
Delta (Δ)
Gamma (Γ)
Theta (Θ)
Vega (ν)