Park Hotels & Resorts Inc (PK) Straddle

Trading a PK straddle lets you take a pure volatility position on Park Hotels & Resorts Inc without committing to a direction. Park Hotels & Resorts 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 PK straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on PK 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 Park Hotels & Resorts 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 PK straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.

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