How to trade options if you believe a big price move is coming

Key PointsA straddle is a non-directional options strategy to use when you believe a large price move can happen for an underlying stock.A straddle is executed by going long a call and a put at the same strike price with the same expiration date.Straddles can be used when a known catalyst is scheduled that can trigger a large move in either direction, like an earnings report.5 stocks we like better than IntelIf you believe that a stock in any stock sector will make a large price move, you can make an option ...