Trading a EOG straddle lets you take a pure volatility position on EOG Resources Inc without committing to a direction. EOG Resources 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 EOG straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on EOG 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 EOG Resources 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 EOG straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, including 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company.
EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the EOG straddle is the cleanest expression of that view. Our scanner prices every EOG 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 EOG straddle into a catalyst or short a EOG straddle to harvest decay, the options straddle setups that matter are all in one place.
