Trading a LOVE straddle lets you take a pure volatility position on Lovesac Company without committing to a direction. Lovesac Company'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 LOVE straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on LOVE 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 Lovesac Company 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 LOVE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. As of January 30, 2022, the company operated 146 showrooms. It markets its products primarily through lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, kiosks, mobile concierges, and street locations in 39 states of the United States; and in store pop-up- shops and shop-in-shops. The Lovesac Company was founded in 1995 and is headquartered in Stamford, Connecticut.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the LOVE straddle is the cleanest expression of that view. Our scanner prices every LOVE 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 LOVE straddle into a catalyst or short a LOVE straddle to harvest decay, the options straddle setups that matter are all in one place.
