Assertion: straddle's delta | /r/HasProperty | positive
Facets:
value: always
type: DEGREE
Source sentences:
text: Conversely, if the stock falls, the short straddle will show positive delta (the trader wants the stock to rise back up).
text: If the stock rallies, the short straddle will show negative delta (i.e. the trader wants the stock to fall back into the straddle zone).
text: Although the net delta of a covered straddle position is always positive, it varies between 0.00 and +2.00 depending on the relationship of the stock price to the strike price of the options.