Granite Point Mortgage Trust Inc (GPMT) Straddle

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

A long straddle on GPMT 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 Granite Point Mortgage Trust 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 GPMT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments.

Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.

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