OneSpaWorld Holdings Limited (OSW) Straddle

Trading a OSW straddle lets you take a pure volatility position on OneSpaWorld Holdings Limited without committing to a direction. OneSpaWorld Holdings Limited'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 OSW straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on OSW 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 OneSpaWorld Holdings Limited 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 OSW straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services. The company also provides its guests access to beauty and wellness brands, including ELEMIS, Kérastase, and Dysport, with various brands offered exclusively in the cruise market.

As of December 31, 2021, it offered health, wellness, fitness, beauty services, treatments, and products onboard 170 cruise ships and at 52 destination resorts. The company is based in Nassau, Bahamas.

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