Fosbury Flop Fosbury Flop The Fosbury Flop is a style used in the athletics event of high jump. It was popularized and perfected by American athlete Dick Fosbury, whose gold medal in the 1968 Summer Olympics brought it to the world's attention. Over the next few years, the flop became the dominant style of the event and remains so today. Before Fosbury, most elite jumpers used the straddle technique, Western Roll, Eastern cut-off or even scissors jump to clear the bar. Given that landing surfaces had previously been sandpits or low piles of matting, high jumpers of earlier years had to land
Straddle year to expiry: After 50 days, the P/L graph of the straddle will look as follows (blue line): The P/L blue graph is "negative" at prices from approximately 84 to 107 dollars (these are the break-even points), which means that in order for the strategy to be profitable after 50 days, the stock price should be either higher than 107 dollars or lower than 84 dollars. As time goes by, due to time decay, the straddle P/L graph goes down (and becomes more and more unprofitable), until it reaches the orange line (which is the P/L of the straddle at