Greenlight Capital Re Ltd (GLRE) Straddle

Trading a GLRE straddle lets you take a pure volatility position on Greenlight Capital Re Ltd without committing to a direction. Greenlight Capital Re Ltd'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 GLRE straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on GLRE 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 Greenlight Capital Re Ltd 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 GLRE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, energy, aviation, crop, cyber, political, and terrorism products. The company markets its products through reinsurance brokers.

Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.

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