Track Your Straddle with OptionsEdge
Stop guessing whether your straddle is actually profitable. OptionsEdge auto-groups your fills, tracks true cost basis across rolls, and shows strategy-level P&L — so you know exactly where your edge is.
No credit card · Import your first CSV in seconds
The tracking problem
Why tracking your straddle is harder than it looks
High capital investment required for straddles
Potential for loss if options do not move favorably
Risk exposure with both options needing to increase in value
High premiums for straddles
Time decay
Unlimited risk for short variants
What matters
Key metrics to journal for your straddle
These are the numbers that actually tell you if your strategy has edge
Net premium received (short) or paid (long) when opening the straddle
Breakeven points — strike price plus and minus the total premium
Implied volatility at entry vs. realized volatility during the trade
P&L by underlying — which stocks produce the best straddle returns
Time decay impact — how theta erodes or benefits your position daily
Adjustment history — when and why you rolled or closed one side
Built for this strategy
How OptionsEdge tracks your straddle
Auto-groups your call and put at the same strike into a single straddle position — no manual pairing
Tracks net premium and breakeven points so you see your risk at a glance
Roll tracking preserves cost basis when you roll one leg to manage a tested side
Strategy-level P&L separates straddle performance from other strategies in your portfolio
Import from ThinkorSwim or Tastytrade CSV — both legs matched automatically
Keep reading
Related guides
Start journaling your straddle the right way
Import your first CSV free. No credit card. No API keys. Just upload your ThinkorSwim or Tastytrade export and see your straddle positions organized in seconds.
Import Your First CSV Free