OPAL Fuels Inc (OPAL) Straddle

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

A long straddle on OPAL 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 OPAL Fuels 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 OPAL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

OPAL Fuels Inc. engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company generates and sells renewable power to utilities. As of May 1, 2022, it owned and operated 24 biogas projects. The company was founded in 1998 and is based in White Plains, New York.

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