Trading a PEG straddle lets you take a pure volatility position on Public Service Enterprise Group Inc without committing to a direction. Public Service Enterprise Group 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 PEG straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PEG 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 Public Service Enterprise Group 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 PEG straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2021, it had electric transmission and distribution system of 25,000 circuit miles and 862,000 poles; 56 switching stations with an installed capacity of 39,353 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,285 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations.
Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PEG straddle is the cleanest expression of that view. Our scanner prices every PEG 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 PEG straddle into a catalyst or short a PEG straddle to harvest decay, the options straddle setups that matter are all in one place.
