# OP107 Long straddle

The volatility buyer · Buy both directions and ask how far the stock must travel.

Explore current-model and horizon profit, theta, vega, delta, gamma, a rotatable surface and approximate model probabilities.

This premium lesson includes paced conversations and practice activities. Education, not financial advice.

Canonical page: https://21ifm.com/quant/options/long-straddle

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