Trading a HPK straddle lets you take a pure volatility position on HighPeak Energy Inc without committing to a direction. HighPeak Energy 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 HPK straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on HPK 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 HighPeak Energy 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 HPK straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
HighPeak Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Midland Basin in West Texas. As of December 31, 2021, the company had approximately 64,213 MBoe of proved reserves. HighPeak Energy, Inc. was incorporated in 2019 and is headquartered in Fort Worth, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the HPK straddle is the cleanest expression of that view. Our scanner prices every HPK 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 HPK straddle into a catalyst or short a HPK straddle to harvest decay, the options straddle setups that matter are all in one place.
