Trading a KIM straddle lets you take a pure volatility position on Kimco Realty Corp without committing to a direction. Kimco Realty 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 KIM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on KIM 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 Kimco Realty 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 KIM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the KIM straddle is the cleanest expression of that view. Our scanner prices every KIM 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 KIM straddle into a catalyst or short a KIM straddle to harvest decay, the options straddle setups that matter are all in one place.
