Trading a FIZZ straddle lets you take a pure volatility position on National Beverage Corp without committing to a direction. National Beverage 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 FIZZ straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on FIZZ 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 National Beverage 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 FIZZ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Clear Fruit, Rip It, Everfresh, Everfresh Premier Varietals, and Mr. Pure brands. It also offers carbonated soft drinks under the Shasta and Faygo brands. The company serves retailers, as well as various smaller up-and-down-the-street accounts through the take-home, convenience, and food-service distribution channels.
National Beverage Corp. was incorporated in 1985 and is based in Fort Lauderdale, Florida.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the FIZZ straddle is the cleanest expression of that view. Our scanner prices every FIZZ 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 FIZZ straddle into a catalyst or short a FIZZ straddle to harvest decay, the options straddle setups that matter are all in one place.
