Trading a DEO straddle lets you take a pure volatility position on Diageo plc ADR without committing to a direction. Diageo plc ADR'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 DEO straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on DEO 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 Diageo plc ADR 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 DEO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products. It provides its products under the Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray, and Guinness brands. The company operates in North America, Europe, Turkey, Africa, Latin America, the Caribbean, the Asia Pacific, and internationally.
The company was incorporated in 1886 and is headquartered in London, the United Kingdom.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the DEO straddle is the cleanest expression of that view. Our scanner prices every DEO 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 DEO straddle into a catalyst or short a DEO straddle to harvest decay, the options straddle setups that matter are all in one place.
