Phillips Edison & Company Inc (PECO) Straddle

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

A long straddle on PECO 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 Phillips Edison & Company 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 PECO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Phillips Edison & Company, Inc. (PECO), an internally-managed REIT, is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO's diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States. Through its vertically-integrated operating platform, the Company manages a portfolio of 309 properties, including 283 wholly-owned properties comprising approximately 31.7 million square feet across 31 states (as of September 30, 2020).

PECO has generated strong operating results over its 29+ year history and has partnered with leading institutional commercial real estate investors, including TPG Real Estate and The Northwestern Mutual Life Insurance Company. The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time.

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