Straddle technique Straddle technique The straddle technique was the dominant style in the high jump before the development of the Fosbury Flop. It is a successor of the Western roll, with which it is sometimes confused. Unlike the scissors or flop style of jump, where the jumper approaches the bar so as to take off from the outer foot, the straddle jumper approaches from the opposite side, so as to take off from the inner foot. In this respect the straddle resembles the western roll. However, in the western roll the jumper's side or back faces the bar; in the straddle the
Straddle In that case both puts and calls comprising the straddle expire worthless allowing straddle owner to keep full credit received as their profit. This strategy is called "nondirectional" because the short straddle profits when the underlying security changes little in price before the expiration of the straddle. The short straddle can also be classified as a credit spread because the sale of the short straddle results in a credit of the premiums of the put and call. A risk for holder of a short straddle position is unlimited due to the sale of the call and the put options which