Elme Communities (ELME) Straddle

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

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

Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.

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