Bear Straddle

A bear straddle is designed to pair up investments so that there is a profit if the investments hold steady. It doesn't bet on a huge market swing in any direction.

The investor buys short calls and short put positions, with the same strike price and expiration date. The investor believes the price of the share (or whatever asset it is) will not move. The risk here is that if the price does move, the investor can lose.

Depending on the unpredictability of the market the asset is in, it can be either a very risky or a very wise move.