OPTIONS: Straddle Prices for Stocks Expected to Report Quarterly Results This Week
04:58 AM EDT, 05/12/2021 (MT Newswires) -- Straddle prices into expected release of quarter results
Petrobras (PBR) May weekly 9.5 straddle priced for a move of +/- 5% into the expected release of its quarterly results on May 13.
YETI (YETI) May weekly 88 straddle priced for a move of +/- 8% into the expected release of its quarterly results before the bell on May 13.
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: 9.35, Change: +0.13, Percent Change: +1.41