Straddle technique flop is considered by many easier to learn, especially for younger jumpers, and thus has become the dominant technique. In 1993, an American high jumper Steve Harkins brought back the straddle style in the Master's division to break the Master's World Record and then went on to win the World's, beating a 'flopper' at the World Championships in Miyazaki Japan. Harkins used the 'head down first' style as did Brumel. At 6 '7" at the U.S. National Championships in Bozeman, Montana; in March 1993, Harkins was the highest jumper ever in the Master's to have used the straddle style. Straddle
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