Next Expiration ATM Straddle Busters

Template Description

This template produces a report showing the 1 day % Change price of the at-the-money (ATM) next expiration straddle. If the %Change is positive it means that anybody holding the long straddle made that same % in profit and the straddle was 'busted'. The ATM next expiration straddle is considered the best estimate of stock price movement in the short term. Anybody selling a straddle will profit if the straddle price decreases. If the straddle was busted it means the underlyng 1-day price move was unexpected can be an indication that something unusual is occuring with the stock.

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