Trading a NEXT straddle lets you take a pure volatility position on NextDecade Corp without committing to a direction. NextDecade 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 NEXT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on NEXT 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 NextDecade 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 NEXT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions. The company focuses on the development activities on the Rio Grande LNG terminal facility located in the Port of Brownsville in southern Texas. It also focuses on a carbon capture and storage project (CCS project) at the terminal, as well as on other CCS projects with third-party industrial source facilities. The company was founded in 2010 is based in Houston, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the NEXT straddle is the cleanest expression of that view. Our scanner prices every NEXT 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 NEXT straddle into a catalyst or short a NEXT straddle to harvest decay, the options straddle setups that matter are all in one place.
