OPTIONS: Straddle Prices for Stocks Expected to Report Quarterly Results Next Week
06:15 AM EST, 02/05/2021 (MT Newswires) -- Straddle prices into quarter releases next week
Yelp (YELP) February weekly 35 straddle priced for a move of 14% into the expected release of quarter results after the bell on February 9.
General Motors (GM) February weekly 54 straddle priced for a move of 7% into the expected release of quarter results before the bell on February 10.
A straddle entails buying a call and put of the same strike that allows the holder to profit based on how much the price of the underlying security moves, regardless of the direction of price movement.
Price: 34.85, Change: -0.42, Percent Change: -1.19