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SIE: Options
SIE practice questionmediumStraddles

A short straddle is profitable when:

  1. AThe underlying stock price remains stable✓ Correct answer
  2. BThe stock price moves significantly in either direction
  3. CVolatility increases after entry
  4. DInterest rates rise
Explanation

Why AThe underlying stock price remains stable

Short straddles profit if the stock is stable (premiums are not paid out on large moves). B and C describe long straddles; D is not relevant.

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