Diamondrock Hospitality Co (DRH) Straddle

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

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

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment.

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