Trading a MUR straddle lets you take a pure volatility position on Murphy Oil Corp without committing to a direction. Murphy Oil 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 MUR straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on MUR 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 Murphy Oil 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 MUR straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. The company was incorporated in 1950 and is headquartered in Houston, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the MUR straddle is the cleanest expression of that view. Our scanner prices every MUR 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 MUR straddle into a catalyst or short a MUR straddle to harvest decay, the options straddle setups that matter are all in one place.
