straddle verb

straddle  A straddle is a strategy that traders typically use when they want to bet on the price of an asset but aren't sure if it's likely to go up or down — if they straddle · bestride · hedge · mount · sprawl · stride Weak match noncommittal Discover More Example

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A straddle is a strategy that traders typically use when they want to bet on the price of an asset but aren't sure if it's likely to go up or down — if they A short straddle consists of one short call and one short put Both options have the same underlying stock, the same strike price and the same expiration date