EchoStar Corp (ECHO) Straddle

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

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

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Pay-TV, Retail Wireless, and Broadband and Satellite Services. The Pay-TV segment business strategy is to be the best provider of video services in the United States by providing products with the best technology, outstanding customer service, and great value. The Retail Wireless segment offers Retail Wireless services as well as a competitive portfolio of wireless devices. The Broadband and Satellite Services segment business strategy is to maintain and improve leadership position and competitive advantage through development of technologies and services marketed to selected sectors within the consumer, enterprise and government markets globally.

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