Old Dominion Freight Line Inc (ODFL) Straddle

Trading a ODFL straddle lets you take a pure volatility position on Old Dominion Freight Line Inc without committing to a direction. Old Dominion Freight Line 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 ODFL straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on ODFL 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 Old Dominion Freight Line 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 ODFL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2021, it owned and operated 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers; 3 fleet maintenance centers; and 251 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

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