Trading a IRM straddle lets you take a pure volatility position on Iron Mountain Inc without committing to a direction. Iron Mountain 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 IRM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on IRM 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 Iron Mountain 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 IRM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the IRM straddle is the cleanest expression of that view. Our scanner prices every IRM 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 IRM straddle into a catalyst or short a IRM straddle to harvest decay, the options straddle setups that matter are all in one place.
