These breakevenpoints are arrived at by adding and subtracting the price paid for the long straddle to and from the strike price.
FORBES: How To Profit With Long Straddles
2.
Moreover, we find it quite interesting that the popular 200-day moving averages for each of the major domestic benchmarks that we follow are sitting around these respective YTD breakevenpoints.
FORBES: Still Plenty Of Downside Left In U.S. Stocks