Trading a CTGO straddle lets you take a pure volatility position on Contango Silver & Gold Inc without committing to a direction. Contango Silver & Gold 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 CTGO straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CTGO 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 Contango Silver & Gold 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 CTGO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and approximately 13,000 State of Alaska mining claims for exploration and development; and owns 100% interest in the mineral rights to approximately 200,000 acres of State of Alaska mining claims located north and northwest of the Tetlin Lease. The company also holds interest in the Shamrock property that consists of 361 Alaska state mining claims covering approximately 52,640 acres.
Contango Ore, Inc. was founded in 2009 and is based in Houston, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CTGO straddle is the cleanest expression of that view. Our scanner prices every CTGO 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 CTGO straddle into a catalyst or short a CTGO straddle to harvest decay, the options straddle setups that matter are all in one place.
