Heartland Express Inc (HTLD) Straddle

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

A long straddle on HTLD 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 Heartland Express 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 HTLD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California; and temperature-controlled truckload services. The company offers its services under the Heartland Express and Millis Transfer brand names. It primarily serves retailers and manufacturers in consumer goods, appliances, food products, and automotive industries. The company was founded in 1978 and is headquartered in North Liberty, Iowa.

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