Trading a GTE straddle lets you take a pure volatility position on Gran Tierra Energy Inc without committing to a direction. Gran Tierra Energy 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 GTE straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on GTE 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 Gran Tierra Energy 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 GTE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2021, it had total proved undeveloped reserves of 24.8 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the GTE straddle is the cleanest expression of that view. Our scanner prices every GTE 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 GTE straddle into a catalyst or short a GTE straddle to harvest decay, the options straddle setups that matter are all in one place.
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