Trading a CRGY straddle lets you take a pure volatility position on Crescent Energy Co without committing to a direction. Crescent Energy 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 CRGY straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CRGY 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 Crescent Energy 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 CRGY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Crescent Energy Company, an energy company, explores for, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. The company holds a portfolio of oil and natural gas assets in key proven basins, including the Eagle Ford, Rockies, Barnett, Permian, Mid-Con, and other basins in the United States. As of December 31, 2021, it had 1,528 gross undrilled locations, including 567 gross operated drilling locations; and 531.6 net million barrels of oil equivalent of proved reserves. The company was founded in 2020 and is based in Houston, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CRGY straddle is the cleanest expression of that view. Our scanner prices every CRGY 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 CRGY straddle into a catalyst or short a CRGY straddle to harvest decay, the options straddle setups that matter are all in one place.
