Trading a AEM straddle lets you take a pure volatility position on Agnico Eagle Mines Ltd without committing to a direction. Agnico Eagle Mines Ltd'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 AEM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on AEM 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 Agnico Eagle Mines Ltd 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 AEM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. It operates through Northern Business and Southern Business segments. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the company's LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold. It is also involved in exploration activities in Europe, Latin America, and the United States.
The company was incorporated in 1953 and is headquartered in Toronto, Canada.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the AEM straddle is the cleanest expression of that view. Our scanner prices every AEM 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 AEM straddle into a catalyst or short a AEM straddle to harvest decay, the options straddle setups that matter are all in one place.
