Global Water Resources Inc (GWRS) Straddle

Trading a GWRS straddle lets you take a pure volatility position on Global Water Resources Inc without committing to a direction. Global Water Resources 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 GWRS straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on GWRS 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 Global Water Resources 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 GWRS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Global Water Resources, Inc., a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2020, it served approximately 74,048 people in approximately 27,630 homes. The company was founded in 2003 and is based in Phoenix, Arizona.

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