Long Straddle Screener
A long straddle position consists of a long call and long put where both options have the same expiration and identical strike prices. When buying a straddle, risk is limited to the net debit paid (net premium paid for both strikes). Max Profit is unlimited. The strategy succeeds if the underlying price is trading below the lower break even (strike minus net debit) or above the upside break even (strike plus net debit).
Wed, Nov 20th, 2019