Trading a GPRE straddle lets you take a pure volatility position on Green Plains Inc without committing to a direction. Green Plains 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 GPRE straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on GPRE 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 Green Plains 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 GPRE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Green Plains Inc. produces, markets, and distributes ethanol in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces and sells ethanol, including industrial-grade alcohol, distiller grains, and ultra-high protein and corn oil. The Agribusiness and Energy Services segment engages in the grain procurement, handling, and storage activities; and commodity marketing business, which purchases, markets, sells, and distributes ethanol, distiller grains, and ultra-high protein and corn oil, as well as grain, natural gas, and other commodities in various markets.
This segment also provides grain drying and storage services to grain producers. The Partnership segment offers fuel storage and transportation services. As of December 31, 2021, it operated through 29 ethanol storage facilities; 4 fuel terminal facilities; and a fleet of approximately 2,300 leased railcars. The company was formerly known as Green Plains Renewable Energy, Inc. and changed its name to Green Plains Inc. in May 2014. Green Plains Inc. was founded in 2004 and is headquartered in Omaha, Nebraska.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the GPRE straddle is the cleanest expression of that view. Our scanner prices every GPRE 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 GPRE straddle into a catalyst or short a GPRE straddle to harvest decay, the options straddle setups that matter are all in one place.
