never seen this but just came cross in an practical question …
It’s an options strategy…let’s see…a short straddle is a bet that volatility will be low relative to the market’s expectation. Long straddle is a bet on higher than expected volatility. Short straddle = selling a call and a put with the same strike price Long straddle = buying a call and a put with the same strike
you are right artvandalay. although it is not in the 6 scenarios mentioned, it is pretty easier to understand though. thanks