Good Times Restaurants Inc (GTIM) Straddle

Trading a GTIM straddle lets you take a pure volatility position on Good Times Restaurants Inc without committing to a direction. Good Times Restaurants 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 GTIM straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on GTIM 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 Good Times Restaurants 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 GTIM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Good Times Restaurants Inc., through its subsidiaries, engages in the restaurant business in the United States. The company operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant. As of December 15, 2021, it operated, franchised, or licensed 42 Bad Daddy's Burger Bar restaurants; and 32 Good Times Burgers & Frozen Custard restaurants. The company was incorporated in 1987 and is based in Golden, Colorado.

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