OPTIONS: Straddle Prices for Stocks Expected to Report Quarterly Results This Week
05:18 AM EDT, 05/10/2021 (MT Newswires) -- Straddle prices for stocks expected to report quarterly results this week
Occidental Petroleum (OXY) May weekly 27 straddle priced for a move of +/- 6% into the expected release of its quarterly results today after the bell.
3D System (DDD) May weekly 19 straddle priced for a move of +/- 13% into the expected release of its quarterly results today after the bell.
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: 27.83, Change: +0.44, Percent Change: +1.61