Odyssey Marine Exploration Inc (OMEX) Straddle

Trading a OMEX straddle lets you take a pure volatility position on Odyssey Marine Exploration Inc without committing to a direction. Odyssey Marine Exploration 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 OMEX straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on OMEX 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 Odyssey Marine Exploration 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 OMEX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Odyssey Marine Exploration, Inc., together with its subsidiaries, discovers, validates, and develops seafloor resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. It also offers resource assessment, project planning, research, and project management services. The company was founded in 1986 and is headquartered in Tampa, Florida.

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