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At the money long straddle Ek market neutral options strategy hai. iss strategy main market movement se koi fark nahi pasta, bass market move karna chaiye bahle hi kisi bhi direction me. Agar market kisi bhi direction me move karta hai to apko profit hoga. 
Isme apko At the Money ki call or put dono buy karni padti hain. isme dono call and put option same stock ke hote hain. expiry bhi call and put dono ki same hoti hai.
and strike price bhi dono ka same hota hai.

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