Market Terms

We don't know everything about the markets.  We're just devoted to learners.  Taken from those smarter than ourselves, here's how we define Straddle.

An options strategy involving the purchase of a put and a call option for the same expiration date and strike price on the same underlying security.  This strategy is profitable when the stock either rises or falls from the strike price more than the premium paid.  Investors will utilize this strategy when they anticipate a significant move in a stock’s price but are unsure whether the price will move up or down.