Assertion: straddle's option | /r/HasProperty | short
Facets:
value: like other options trades
type: OTHER
Source sentences:
text: Since a covered straddle has two short options, the position loses doubly when volatility rises and profits doubly when volatility falls.
text: Since short straddles consist of two short options, the sensitivity to time erosion is higher than for single-option positions.
text: Regardless of what happens in the market, you can’t lose more than what you have paid for the options, because the position only includes long options (no shorts) and there is no risk of assignment or negative cash flow at expiration.
text: Like other options trades, strangles options can be either long or short depending on whether an investor is the option buyer or the option seller (i.e. the writer).
text: Thus, whether a straddle is long or short depends on whether the options are long or short.