Trading a ASC straddle lets you take a pure volatility position on Ardmore Shipping Corp without committing to a direction. Ardmore Shipping Corp'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 ASC straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ASC 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 Ardmore Shipping Corp 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 ASC straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ASC straddle is the cleanest expression of that view. Our scanner prices every ASC 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 ASC straddle into a catalyst or short a ASC straddle to harvest decay, the options straddle setups that matter are all in one place.
