Trading a OMF straddle lets you take a pure volatility position on OneMain Holdings Inc without committing to a direction. OneMain Holdings 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 OMF straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on OMF 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 OneMain Holdings 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 OMF straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
OneMain Holdings, Inc., a financial service holding company, engages in the consumer finance and insurance businesses. The company originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. The company also offers credit cards and insurance products comprising life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans. It operates through a network of approximately 1,400 branch offices in 44 states in the United States, as well as through its website onemainfinancial.com.
The company was formerly known as Springleaf Holdings, Inc. and changed its name to OneMain Holdings, Inc. in November 2015. OneMain Holdings, Inc. was founded in 1912 and is based in Evansville, Indiana.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the OMF straddle is the cleanest expression of that view. Our scanner prices every OMF 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 OMF straddle into a catalyst or short a OMF straddle to harvest decay, the options straddle setups that matter are all in one place.
