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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| FDMO | FDMO 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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| FDMO | FDMO 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 FDMO Dec 18, 2026 90.00 call @$2.05
BUY +1 FDMO Dec 18, 2026 90.00 put @$2.55
Stock
FDMO Current Price
$89.10 USD
FDMO Breakeven Price
Outside $85.40 and $94.60
Trade Details
Cost of Trade
$460.00 USD
Maximum Profit
Unlimited
Maximum Loss
-$458.83
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)