---
title: Long & Short Straddle
emoji: ⬆️⬇️
colorFrom: pink
colorTo: green
sdk: streamlit
sdk_version: 1.31.0
app_file: app.py
pinned: false
---

<h1>⬆️⬇️ Options Trading: Long &amp; Short Straddle</h1>

This demo app was built with the intention of helping traders and investors evaluate volatility levels and payoffs for Long and Short Straddles, a strategy for options trading.
If you'd like to see how this demo app was built, visit my Kaggle Notebook: <a href="https://www.kaggle.com/code/lusfernandotorres/options-trading-long-short-straddle">Options Trading: Long & Short Straddle 📈</a>.

Options are a versatile financial instrument that belongs to the class of derivatives, offering the possibility of profiting from price fluctuations in stock prices without owning shares of the company's stocks.

Over the years, traders have developed several strategies to profit from options. In this app, we approach the Long and Short Straddle strategies, where you buy Calls and Puts of the same underlying asset at the same strike price expiring on the same day.
Straddles offer you the possibility to profit in both high-volatility and low-volatility scenarios.

Feel free to test the app by yourself. In case you have any doubts or suggestions, feel free to get in contact with me.
For a deeper understanding of the subject, refer to the Kaggle Notebook above. 

*Thank you!*

<hr style="border: 0; 
           height: 1px; 
           border-top: 0.85px; 
           solid #b2b2b2">
           
<div style="text-align: left; 
            color: #8d8d8d; 
            padding-left: 15px; 
            font-size: 14.25px;">
    Luis Fernando Torres, 2024<br><br>
    Let's connect!🔗<br>
    <a href="https://www.linkedin.com/in/luuisotorres/">LinkedIn</a> • <a href="https://medium.com/@luuisotorres">Medium</a> • <a href = "https://www.kaggle.com/lusfernandotorres/code">Kaggle</a><br><br>
</div>
<div style="text-align: center; 
            margin-top: 50px;
            color: #8d8d8d; 
            padding-left: 15px; 
            font-size: 14.25px;"><b>Like my content? Feel free to <a href="https://www.buymeacoffee.com/luuisotorres">Buy Me a Coffee ☕</a></b>
</div>
<div style="text-align: center; 
            margin-top: 80px;
            color: #8d8d8d; 
            padding-left: 15px; 
            font-size: 14.25px;"><b>  <a href = "https://luuisotorres.github.io/">https://luuisotorres.github.io/</a> </b>
</div>