HomeDefinitionsCompareDebt Covered StraddleThe financial definition for Covered Straddle:An option strategy in which one call and one put with the same strike price and expiration are written against 100 shares of the underlying stock. In actually, this is not a "covered" strategy because asignment on the short put would require purchase of stock on margin. This method is also know as a covered combination. Similar MatchesCalendar Straddle or CombinationCalendar Straddle or CombinationSee Calendar Spread. Covered Straddle WriteCovered Straddle WriteThe term used to describe the strategy in which an investor owns the underlying security and also writes a straddle on that security. This is not really a covered position. Short straddleShort straddleA straddle involves both purchase and sale. In short straddle one put and one call are sold. Further SuggestionsStraddleTax straddle Click to compare definitions of Covered Straddle Click to view definitions beginning co |