Straddle technique straight, and head and trunk pass the bar at the same time. Charles Dumas, the first high jumper to clear 7 ft, and John Thomas (silver medal at the 1964 Olympics) used this technique. Valeriy Brumel (gold in 1964) dove a little bit, his head going over the bar before his trunk. Probably the most extreme exponent of the dive straddle was Bob Avant, who cleared 7 ft. in 1961. Avant's technique was close to a pure dive, with just a small knee lift on his lead leg. The last world record jump with the straddle technique was Vladimir Yashchenko's
Straddle option. If the price does not change enough, he loses money, up to the total amount paid for the two options. The risk is limited by the total premium paid for the options, as opposed to the short straddle where the risk is virtually unlimited. If the stock is sufficiently volatile and option duration is long, the trader could profit from both options. This would require the stock to move both below the put option's strike price and above the call option's strike price at different times before the option expiration date. This is an at-the-money (ATM) Straddle with 1