Straddle prices for companies reporting financial results the week of September 7: Restoration Hardware Holdings (RH) September 90 straddle priced for 12.6% movement. Kroger (KR) September 35 straddle priced for 7% movement. Christopher & Banks (CBK) September 2.5 straddle priced for 43% movement. Sigma Designs (SIGM) September 10 straddle priced for 18.5% movement. A straddle entails buying a call and put of the same strike that allows the holder to profit based on how much the price of the underlying security moves, regardless of the direction of price movement.
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