Haleon plc ADR (HLN) Straddle

Trading a HLN straddle lets you take a pure volatility position on Haleon plc ADR without committing to a direction. Haleon plc ADR'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 HLN straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on HLN 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 Haleon plc ADR 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 HLN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Haleon plc engages in the research and development, manufacture, and sale of various consumer healthcare products in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company provides therapeutic oral health, pain relief, respiratory health, digestive health, and other products, as well as vitamins, minerals, and supplements. Its portfolio of brands include Panadol, Voltaren, Advil, Otrivin, Theraflu, Sensodyne, Polident, parodontax, and Centrum. The company was formerly known as DRVW 2022 plc and changed its name to Haleon plc in February 2022. Haleon plc was incorporated in 2021 and is headquartered in Brentford, the United Kingdom.

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