Trading a ABG straddle lets you take a pure volatility position on Asbury Automotive Group Inc without committing to a direction. Asbury Automotive Group Inc's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate ABG straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ABG profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Asbury Automotive Group Inc stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the ABG straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and credit life and disability insurance. As of December 31, 2021, the company owned and operated 205 new vehicle franchises representing 31 brands of automobiles at 155 dealership locations; and 35 collision centers in the United States.
Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ABG straddle is the cleanest expression of that view. Our scanner prices every ABG straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a ABG straddle into a catalyst or short a ABG straddle to harvest decay, the options straddle setups that matter are all in one place.
