Trading a NLY straddle lets you take a pure volatility position on Annaly Capital Management Inc without committing to a direction. Annaly Capital Management 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 NLY straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on NLY 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 Annaly Capital Management 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 NLY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders.
The company was founded in 1996 and is based in New York, New York.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the NLY straddle is the cleanest expression of that view. Our scanner prices every NLY 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 NLY straddle into a catalyst or short a NLY straddle to harvest decay, the options straddle setups that matter are all in one place.
