As an investor, have you ever followed a particular stock knowing there will be an upcoming corporate news announcement like earnings, a new product line, or a favorable regulatory judgment that could move the price of the stock? Or perhaps you follow the release of critical economic data, like job reports or Federal rate changes, thinking they will be the catalyst for large price movements or increase the volatility to the broader market or certain sectors.

If you anticipate high volatility changes such as these, then a LONG Straddle Options strategy might be something to consider. This limited risk, unlimited profit strategy looks to profit from swift, large price movements in either direction or the increased price volatility.

Join Barchart's John Rowland as he breaks down the components of this options strategy. John will demonstrate how to use Barchart's Long Straddle Screener to find possible straddle candidates, offering ideas to find more probable trades.