Trading a ALTG straddle lets you take a pure volatility position on Alta Equipment Group Inc without committing to a direction. Alta Equipment 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 ALTG straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ALTG 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 Alta Equipment 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 ALTG straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and aerial work platforms, earthmoving equipment, cranes, paving and asphalt equipment, and other material handling and construction equipment. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; and provides automated equipment installation and system integration solutions.
It serves diversified manufacturing, food and beverage, wholesale/retail, construction, automotive, municipal/government, and medical sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ALTG straddle is the cleanest expression of that view. Our scanner prices every ALTG 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 ALTG straddle into a catalyst or short a ALTG straddle to harvest decay, the options straddle setups that matter are all in one place.
