Trading a HBM straddle lets you take a pure volatility position on Hudbay Minerals Inc without committing to a direction. Hudbay Minerals 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 HBM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on HBM 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 Hudbay Minerals 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 HBM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals. The company owns three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and copper projects in Arizona and Nevada, the United States. HudBay Minerals Inc. was founded in 1927 and is headquartered in Toronto, Canada.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the HBM straddle is the cleanest expression of that view. Our scanner prices every HBM 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 HBM straddle into a catalyst or short a HBM straddle to harvest decay, the options straddle setups that matter are all in one place.
Prices move. This one stays.Lock in 5 years at a special price and save $2,243. Ending soon.See the Early Bird Black Friday deal →