Autonation Inc (AN) Straddle

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

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

AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services. The company also provides automotive finance and insurance products comprising vehicle services and other protection products, as well as arranges finance for vehicle purchases through third-party finance sources. As of December 31, 2021, it owned and operated 339 new vehicle franchises from 247 stores located primarily in metropolitan markets in the Sunbelt region.

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