Trading a AWR straddle lets you take a pure volatility position on American States Water Co without committing to a direction. American States Water Co'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 AWR straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on AWR 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 American States Water Co 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 AWR straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2021, American States Water Company provided water service to 262,770 customers located throughout 10 counties in the State of California; and distributed electricity to 24,656 customers in San Bernardino County mountain communities in California.
The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was incorporated in 1929 and is based in San Dimas, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the AWR straddle is the cleanest expression of that view. Our scanner prices every AWR 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 AWR straddle into a catalyst or short a AWR straddle to harvest decay, the options straddle setups that matter are all in one place.
