Oportun Financial Corp (OPRT) Straddle

Trading a OPRT straddle lets you take a pure volatility position on Oportun Financial Corp without committing to a direction. Oportun Financial Corp'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 OPRT straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on OPRT 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 Oportun Financial Corp 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 OPRT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Oportun Financial Corporation provides financial services. It offers personal loans, auto loans, and credit cards. The company serves customers online and over-the-phone, as well as through retail locations. It operates in 24 states in the United States, which include Arkansas, Delaware, Indiana, Kentucky, Mississippi, Montana, North Dakota, New Hampshire, Oregon, South Carolina, South Dakota, and Virginia. Oportun Financial Corporation was founded in 2005 and is headquartered in San Carlos, California.

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