Five Point Holdings LLC (FPH) Straddle

Trading a FPH straddle lets you take a pure volatility position on Five Point Holdings LLC without committing to a direction. Five Point Holdings LLC'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 FPH straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on FPH 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 Five Point Holdings LLC 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 FPH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, medical campus, and other properties; and provides development and property management services. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016.

Five Point Holdings, LLC was incorporated in 2009 and is headquartered in Irvine, California.

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