Ultimate Options – Trading Volatility – Long Straddle

True or False: The max risk in a long straddle is premium paid

The most accurate description of buying a long straddle is the following?

Which of the following statements is True for a long straddle trade?

Ideal technical outlook when entering into a long straddle trade?

If holding a long straddle, what are the stock price breakevens at expiration?

When drawing a risk graph for a long straddle it would look like which of the following?

Long straddles have an expiration date, therefore time decay (theta) is which of the following?

With option deltas of 0.50 & -0.40 how much would a 2.00 straddle be worth after the stock moves upward by 1.00 per share?

With option deltas of 0.50 & -0.40 and thetas of -0.05 & -0.05, how much would a 3.00 straddle be worth after 1 day and the stock moves downward by 1.00 per share?

With option deltas of 0.30 & -0.50 and vegas of 0.10 & 0.10 how much would a 4.00 straddle be worth with a 1% increase in volatility and 1.00 per share move downward in the stock?