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International Business Machines (IBM)

International Business Machines (IBM)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Long Straddle Options for [[ item.sessionDateDisplayLong ]]

[Directional, Limited Risk, High Reward] The long straddle is a high volatility option strategy where you expect the underlying security to move in either direction. The long straddle option strategy involves buying a call and a put option at identical strike prices. Maximum loss is the premium paid for the long call and long put (Net Debit). Maximum profit is unlimited, as the security can theoretically rise indefinitely or go to zero. The long straddle strategy succeeds if the underlying security breaks through the range, trading below the downside breakeven (strike - Net Debit) or above the upside breakeven (strike + Net Debit) at expiration.

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