Trading a O straddle lets you take a pure volatility position on Realty Income Corp without committing to a direction. Realty Income 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 O straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on O 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 Realty Income 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 O straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with our commercial clients. To date, the company has declared 608 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 109 times since Realty Income's public listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend Aristocrats index.
Additional information about the company can be obtained from the corporate website at www.realtyincome.com.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the O straddle is the cleanest expression of that view. Our scanner prices every O 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 O straddle into a catalyst or short a O straddle to harvest decay, the options straddle setups that matter are all in one place.
