Trading a JBLU straddle lets you take a pure volatility position on Jetblue Airways Corp without committing to a direction. Jetblue Airways Corp'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 JBLU straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on JBLU 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 Jetblue Airways Corp 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 JBLU straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2021, the company operated a fleet of 63 Airbus A321 aircraft, 8 Airbus A220 aircraft, 21 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 107 destinations in the 31 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 24 countries in the Caribbean and Latin America. JetBlue Airways Corporation has a strategic partnership with American Airlines Group Inc. to create connectivity for travelers in the Northeast.
The company was incorporated in 1998 and is based in Long Island City, New York.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the JBLU straddle is the cleanest expression of that view. Our scanner prices every JBLU 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 JBLU straddle into a catalyst or short a JBLU straddle to harvest decay, the options straddle setups that matter are all in one place.
