Trading a PLMR straddle lets you take a pure volatility position on Palomar Holdings Inc without committing to a direction. Palomar Holdings 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 PLMR straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PLMR 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 Palomar Holdings 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 PLMR straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships.
The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PLMR straddle is the cleanest expression of that view. Our scanner prices every PLMR 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 PLMR straddle into a catalyst or short a PLMR straddle to harvest decay, the options straddle setups that matter are all in one place.
