Northwest Natural Holding Co (NWN) Straddle

Trading a NWN straddle lets you take a pure volatility position on Northwest Natural Holding Co without committing to a direction. Northwest Natural Holding Co'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 NWN straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on NWN 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 Northwest Natural Holding Co 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 NWN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, industrial, and transportation customers in Oregon and Southwest Washington. The company also operates 5.7 billion cubic feet of the Mist gas storage facility contracted to other utilities and third-party marketers; offers natural gas asset management services; and operates an appliance retail center. In addition, it engages in the gas storage, water, non-regulated renewable natural gas, and other investments and activities. The company provides natural gas service through approximately 786,000 meters in Oregon and southwest Washington; and water services to a total of approximately 80,000 people through approximately 33,000 water and wastewater connections in the Pacific Northwest and Texas.

Northwest Natural Holding Company was founded in 1859 and is headquartered in Portland, Oregon.

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