Trading a CPS straddle lets you take a pure volatility position on Cooper-Standard Holdings Inc without committing to a direction. Cooper-Standard Holdings 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 CPS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CPS 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 Cooper-Standard Holdings 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 CPS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Cooper-Standard Holdings Inc., through its subsidiary, Cooper-Standard Automotive Inc., designs, manufactures, and sells sealing, fuel and brake delivery, and fluid transfer systems. The company's sealing systems include obstacle detection sensor systems, dynamic seals, variable extrusion systems, static seals, specialty sealing products, encapsulated glasses, stainless steel trims, FlushSeal systems, and textured surfaces with cloth appearance. Its fuel and brake delivery systems comprise chassis and tank fuel lines and bundles, direct injection and port fuel rails, metallic brake lines and bundles, tube coatings, quick connects, low oligomer multi-layer convoluted tubes, and brake jounce lines.
The company's fluid transfer systems consist of heater/coolant hoses, turbo charger hoses, quick connects, charged air cooler ducts/assemblies, DPF and SCR emission lines, secondary air hoses, degas tanks, brake and clutch hoses, air intake and charge systems, transmission oil cooling hoses, and multilayer tubing for glycol thermal management. Its products are primarily used in passenger vehicles and light trucks that are manufactured by automotive original equipment manufacturers and replacement markets. The company operates in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. Cooper-Standard Holdings Inc. was founded in 1960 and is headquartered in Northville, Michigan.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CPS straddle is the cleanest expression of that view. Our scanner prices every CPS 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 CPS straddle into a catalyst or short a CPS straddle to harvest decay, the options straddle setups that matter are all in one place.
