Trading a OGS straddle lets you take a pure volatility position on ONE Gas Inc without committing to a direction. ONE Gas 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 OGS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on OGS 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 ONE Gas 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 OGS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It provides natural gas distribution services to 2.2 million customers in three states. It serves residential, commercial, and transportation customers. As of December 31, 2021, it operated approximately 41,600 miles of distribution mains; and 2,400 miles of transmission pipelines, as well as had 51.4 billion cubic feet of natural gas storage capacity. ONE Gas, Inc.
was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the OGS straddle is the cleanest expression of that view. Our scanner prices every OGS 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 OGS straddle into a catalyst or short a OGS straddle to harvest decay, the options straddle setups that matter are all in one place.
