Trading a LAC straddle lets you take a pure volatility position on Lithium Americas Corp (NewCo) without committing to a direction. Lithium Americas Corp (NewCo)'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 LAC straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on LAC 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 Lithium Americas Corp (NewCo) 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 LAC straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the LAC straddle is the cleanest expression of that view. Our scanner prices every LAC 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 LAC straddle into a catalyst or short a LAC straddle to harvest decay, the options straddle setups that matter are all in one place.
