Trading a ERO straddle lets you take a pure volatility position on Ero Copper Corp without committing to a direction. Ero Copper 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 ERO straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ERO 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 Ero Copper 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 ERO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Ero Copper Corp., a base metals mining company, engages in the exploration, development, and production of mining projects in Brazil. It engages in the production and sale of copper concentrate from the MCSA Mining Complex located within the Curaçá Valley, northeastern Bahia state, as well as gold and silver byproducts. The company also holds a 100% interest in the Boa Esperança property, a copper development project located within southeastern Pará state; and NX Gold property located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ERO straddle is the cleanest expression of that view. Our scanner prices every ERO 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 ERO straddle into a catalyst or short a ERO straddle to harvest decay, the options straddle setups that matter are all in one place.
