Trading a PGY straddle lets you take a pure volatility position on Pagaya Technologies Ltd without committing to a direction. Pagaya Technologies Ltd'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 PGY straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PGY 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 Pagaya Technologies Ltd 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 PGY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Pagaya Technologies Ltd. operates as a financial technology company in Israel, the United States, and the Cayman Islands. It develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. Its partners include high-growth financial technology companies, incumbent financial institutions, auto finance providers, and brokers. The company was founded in 2016 and is headquartered in Tel Aviv, Israel.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PGY straddle is the cleanest expression of that view. Our scanner prices every PGY 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 PGY straddle into a catalyst or short a PGY straddle to harvest decay, the options straddle setups that matter are all in one place.
