Trading a ELF straddle lets you take a pure volatility position on e.l.f. Beauty Inc without committing to a direction. e.l.f. Beauty Inc'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 ELF straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ELF 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 e.l.f. Beauty Inc 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 ELF straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
e.l.f. Beauty, Inc., together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors. The company was formerly known as J.A. Cosmetics Holdings, Inc. and changed its name to e.l.f. Beauty, Inc. in April 2016. e.l.f. Beauty, Inc.
was founded in 2004 and is headquartered in Oakland, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ELF straddle is the cleanest expression of that view. Our scanner prices every ELF 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 ELF straddle into a catalyst or short a ELF straddle to harvest decay, the options straddle setups that matter are all in one place.
