Trading a CTAS straddle lets you take a pure volatility position on Cintas Corp without committing to a direction. Cintas 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 CTAS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CTAS 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 Cintas 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 CTAS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. It also offers first aid and safety services, and fire protection products and services. The company provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations.
Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CTAS straddle is the cleanest expression of that view. Our scanner prices every CTAS 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 CTAS straddle into a catalyst or short a CTAS straddle to harvest decay, the options straddle setups that matter are all in one place.
