Western roll Osborn (1924), Walter Marty (1933), and Cornelius Johnson (1936). Johnson's record, (), was equaled on the same day by Dave Albritton, the first world record holder to use what we now call the straddle technique. At first, the straddle was viewed as just a variation of the Western roll, and indeed video of the 1936 Olympics shows Albritton using a conventional Western roll at lower heights. The straddle did not come to dominate the high jump until the mid-1950s, by which time it was recognized as a separate style. Walt Davis was the last Western roll jumper to hold the
Straddle expiry). Also, the distance between the break-even points increases. A short straddle is a non-directional options trading strategy that involves simultaneously selling a put and a call of the same underlying security, strike price and expiration date. The profit is limited to the premium received from the sale of put and call. The risk is virtually unlimited as large moves of the underlying security's price either up or down will cause losses proportional to the magnitude of the price move. A maximum profit upon expiration is achieved if the underlying security trades exactly at the strike price of the straddle.