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The Short Straddle (or Sell Straddle or naked Straddle) is a neutral options strategy. This strategy involves simultaneously selling a call and a put option of the same underlying asset, same strike price and same expire date.
Short Straddle (Sell Straddle or Naked Straddle) Option Trading Strategy Explained
Short Straddle (Sell Straddle or Naked Straddle) Options Strategy
When to use Short Straddle (Sell Straddle or Naked Straddle) strategy?
Pro Tip: The short straddle is an advanced options trade. If your broker hasn’t approved naked options trading for your account, you’ll likely need to apply first.
