Genuine Parts Co (GPC) Straddle

Trading a GPC straddle lets you take a pure volatility position on Genuine Parts Co without committing to a direction. Genuine Parts Co'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 GPC straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on GPC 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 Genuine Parts Co 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 GPC straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates through Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and accessory and supply items used by various automotive aftermarket customers, such as repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals.

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