Short Straddle
A short straddle is a volatility strategy which consists of one short call and one short put at the same strike and expiration. This strategy is used when the investor believes there will be little or no price movement in the underlying asset.
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Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NVDQ | NVDQ 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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| NVDQ | NVDQ 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
Short Straddle
SELL -1 NVDQ Dec 18, 2026 16.00 call @$1.70
SELL -1 NVDQ Dec 18, 2026 16.00 put @$3.20
Stock
NVDQ Current Price
$15.08 USD
NVDQ Breakeven Price
Between $11.10 and $20.90
Trade Details
Cost of Trade
-$490.00 USD
Maximum Profit
$490.00
Maximum Loss
Unlimited
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)