Trading a GRPN straddle lets you take a pure volatility position on Groupon Inc without committing to a direction. Groupon 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 GRPN straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on GRPN 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 Groupon 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 GRPN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants; and first-party goods inventory. It serves customers through its mobile applications and websites. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was incorporated in 2008 and is headquartered in Chicago, Illinois.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the GRPN straddle is the cleanest expression of that view. Our scanner prices every GRPN 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 GRPN straddle into a catalyst or short a GRPN straddle to harvest decay, the options straddle setups that matter are all in one place.
