Trading a NMM straddle lets you take a pure volatility position on Navios Maritime Partners LP without committing to a direction. Navios Maritime Partners LP'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 NMM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on NMM 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 Navios Maritime Partners LP 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 NMM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P.
The company was founded in 2007 and is based in Monaco.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the NMM straddle is the cleanest expression of that view. Our scanner prices every NMM 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 NMM straddle into a catalyst or short a NMM straddle to harvest decay, the options straddle setups that matter are all in one place.
