Century Casinos Inc (CNTY) Straddle

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

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

Century Casinos, Inc. operates as a casino entertainment company in the United States, Canada, and Poland. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. As of March 8, 2022, it operated two ship-based casinos. The company was founded in 1992 and is based in Colorado Springs, Colorado.

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