Orchid Island Capital Inc (ORC) Straddle

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

A long straddle on ORC 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 Orchid Island Capital 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 ORC straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital, Inc.

was incorporated in 2010 and is based in Vero Beach, Florida.

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