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
Farfetch (FTCH) May weekly 40 straddle priced for a move of +/- 14% into the expected release of its quarterly results after the bell on May 13.
GoodRx (GDRX) May weekly 30 straddle priced for a move of +/- 13% into the expected release of its quarterly results after 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: 40.12, Change: -0.53, Percent Change: -1.30