Piedmont Realty Trust Inc (PDM) Straddle

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

A long straddle on PDM 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 Piedmont Realty Trust 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 PDM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2).

At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.

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