straddle
B2CEFR level
50/100Rarity: uncommon
TechnicalRegister
An options strategy of holding a call and a put at the same strike to profit from large moves in either direction.
Ahead of the earnings release, traders bought straddles to bet on a violent price swing.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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