CTS Corp (CTS) Straddle

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

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

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors.

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