Advantage Solutions Inc (ADV) Straddle

Trading a ADV straddle lets you take a pure volatility position on Advantage Solutions Inc without committing to a direction. Advantage Solutions 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 ADV straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on ADV 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 Advantage Solutions 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 ADV straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Advantage Solutions Inc. provides outsourced solutions to consumer goods companies and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; administration; and brand-centric merchandising services. This segment also provides retailer-centric services comprising retailer-centric merchandising, in-store media, and digital commerce. The Marketing segment offers brand-centric services, including shopper and consumer marketing, and brand experiential services; and retailer-centric services, such as retail experiential, private label, digital marketing, and digital media and advertising.

The company was formerly known as Karman Holding Corp. and changed its name to Advantage Solutions Inc. in March 2016. Advantage Solutions Inc. was founded in 1987 and is headquartered in Irvine, California.

Earnings, product cycles, macro prints — any time volatility itself is the trade, the ADV straddle is the cleanest expression of that view. Our scanner prices every ADV 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 ADV straddle into a catalyst or short a ADV straddle to harvest decay, the options straddle setups that matter are all in one place.