Trading a EIX straddle lets you take a pure volatility position on Edison International without committing to a direction. Edison International'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 EIX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on EIX 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 Edison International 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 EIX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. The company also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations.
The company was founded in 1886 and is headquartered in Rosemead, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the EIX straddle is the cleanest expression of that view. Our scanner prices every EIX 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 EIX straddle into a catalyst or short a EIX straddle to harvest decay, the options straddle setups that matter are all in one place.
