MGIC Investment Corp (MTG) Straddle

Trading a MTG straddle lets you take a pure volatility position on MGIC Investment Corp without committing to a direction. MGIC Investment 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 MTG straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on MTG 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 MGIC Investment 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 MTG straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders.

MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Earnings, product cycles, macro prints — any time volatility itself is the trade, the MTG straddle is the cleanest expression of that view. Our scanner prices every MTG 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 MTG straddle into a catalyst or short a MTG straddle to harvest decay, the options straddle setups that matter are all in one place.