Trading a LGIH straddle lets you take a pure volatility position on LGI Homes Inc without committing to a direction. LGI Homes 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 LGIH straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on LGIH 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 LGI Homes 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 LGIH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to companies looking to acquire single-family rental properties. As of December 31, 2021, it owned 101 communities. The company serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, and Pennsylvania.
LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the LGIH straddle is the cleanest expression of that view. Our scanner prices every LGIH 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 LGIH straddle into a catalyst or short a LGIH straddle to harvest decay, the options straddle setups that matter are all in one place.
