Assertion: straddle's delta | /r/HasProperty | directional risk
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Source sentences:
text: As mentioned earlier, a short straddle position has negative gamma, which means that as the stock price trends in one direction, the delta (directional risk) of the position will grow in the opposite direction.
text: As mentioned earlier, a long straddle position has positive gamma, which means that as the stock price trends in one direction, the delta (directional exposure) of the position will grow in the same direction.