Trading a INSW straddle lets you take a pure volatility position on International Seaways Inc without committing to a direction. International Seaways 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 INSW straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on INSW 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 International Seaways 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 INSW straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments, Crude Tankers and Product Carriers. As of December 31, 2021, the company owned and operated a fleet of 83 vessels, which include 12 chartered-in vessels, as well as had ownership interests in two floating storage and offloading service vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc.
and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the INSW straddle is the cleanest expression of that view. Our scanner prices every INSW 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 INSW straddle into a catalyst or short a INSW straddle to harvest decay, the options straddle setups that matter are all in one place.
