Aren’t there ways to set up a bet that a particular price will move, where you profit if it goes up or down but lose out if it stays the same? If you can cause

Aren’t there ways to set up a bet that a particular price will move, where you profit if it goes up or down but lose out if it stays the same? If you can cause instability then that could be used to profit from it even if you don’t know which way it will go. Some quick searching tells me this is called a “long straddle” but I could be way off.