Trading a GTX straddle lets you take a pure volatility position on Garrett Motion Inc without committing to a direction. Garrett Motion 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 GTX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on GTX 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 Garrett Motion 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 GTX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers; and provides automotive software solutions. It offers its products in the aftermarket through distributors. Garrett Motion Inc. was incorporated in 2018 and is headquartered in Rolle, Switzerland.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the GTX straddle is the cleanest expression of that view. Our scanner prices every GTX 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 GTX straddle into a catalyst or short a GTX straddle to harvest decay, the options straddle setups that matter are all in one place.
