Lesson Overview

Long Straddle

Long straddles are ultra-aggressive option buying strategies. We highly advise not using these strategies regardless of how "great" the stock setup looks.

They profit from a big move in any direction but since you need to buy options ATM both with a call and put your break-even prices are much wider.

If you do decide to use this strategy you'll want to use them only during periods of very low implied volatility to minimize the cost of buying the options.

More Discussion

Was This Helpful? Add Comments/Questions

eBook Download

The "Ultimate" Options Guide

Ultimate Options Strategy Guide

The step-by-step guide on how to set up each of the top 18+ options strategies we trade to generate monthly income. Read the whole strategy guide in less than 30 mins and have it forever to reference.

Download PDF

Join More Than 47,345 Members

Membership is always free & you can upgrade anytime to unlock our live trades.