Trading a GO straddle lets you take a pure volatility position on Grocery Outlet Holding Corp without committing to a direction. Grocery Outlet Holding 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 GO straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on GO 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 Grocery Outlet Holding 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 GO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company's stores offer products in various categories, such as dairy and deli, produce, floral, and fresh meat and seafood products, as well as grocery, general merchandise, health and beauty care, frozen foods, and beer and wine. As of August 09, 2022, it had 425 stores in eight states. The company was founded in 1946 and is headquartered in Emeryville, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the GO straddle is the cleanest expression of that view. Our scanner prices every GO 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 GO straddle into a catalyst or short a GO straddle to harvest decay, the options straddle setups that matter are all in one place.
