Trading a OI straddle lets you take a pure volatility position on O-I Glass Inc without committing to a direction. O-I Glass 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 OI straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on OI 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 O-I Glass 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 OI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors.
The company was founded in 1903 and is headquartered in Perrysburg, Ohio.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the OI straddle is the cleanest expression of that view. Our scanner prices every OI 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 OI straddle into a catalyst or short a OI straddle to harvest decay, the options straddle setups that matter are all in one place.
