Analyse
Straddle and Strangle Charts
The combined price of a call and a put through the day.
The combined price of a call and a put through the day. The same strike for both is a straddle; different strikes make a strangle.
What you can do
- Choose the underlying, the expiry, the call strike and the put strike, then press + Add straddle.
- Each one you add appears as a chip with its latest combined price, and as a line on the chart. Add several to compare them, and remove one with the x.
- Choose the interval, for example 5 minutes.
- See how the combined premium rises and falls, and judge whether premium is cheap or dear before you trade.