StealthGas Inc (GASS) Straddle

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

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

StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users internationally. It also provides crude oil and natural gas. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer; and refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals. As of December 31, 2021, it had a fleet of 44 LPG carriers with a total capacity of 389,426 cubic meters; three medium range product carriers with a total capacity of 140,000 deadweight tons (dwt); and one Aframax crude oil tanker with a total capacity of 115,804 dwt.

StealthGas Inc. was incorporated in 2004 and is based in Athens, Greece.

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