Trading a LAMR straddle lets you take a pure volatility position on Lamar Advertising Co without committing to a direction. Lamar Advertising Co'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 LAMR straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on LAMR 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 Lamar Advertising Co 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 LAMR straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 352,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with approximately 3,800 displays.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the LAMR straddle is the cleanest expression of that view. Our scanner prices every LAMR 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 LAMR straddle into a catalyst or short a LAMR straddle to harvest decay, the options straddle setups that matter are all in one place.
