OPTIONS: Straddle Prices for Stocks Expected to Report Quarterly Results This Week
05:51 AM EST, 02/08/2021 (MT Newswires) -- Straddle prices into quarter result this week
Twitter (TWTR) February weekly 57 straddle priced for a move of 13% into the expected release of quarter results after the bell on Feb. 9.
Yelp (YELP) February weekly 35.50 straddle priced for a move of 14% into the expected release of quarter results after the bell on Feb. 9.
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: 56.81, Change: +0.03, Percent Change: +0.05