Trading a PPTA straddle lets you take a pure volatility position on Perpetua Resources Corp without committing to a direction. Perpetua Resources Corp'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 PPTA straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PPTA 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 Perpetua Resources Corp 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 PPTA straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Perpetua Resources Corp. engages in the mineral exploration activities in the United States. The company primarily explores for gold, silver, and antimony. Its principal asset is the 100% owned Stibnite gold project located in Valley County, Idaho. The company was formerly known as Midas Gold Corp. and changed its name to Perpetua Resources Corp. in February 2021. Perpetua Resources Corp. was incorporated in 2011 and is headquartered in Boise, Idaho.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PPTA straddle is the cleanest expression of that view. Our scanner prices every PPTA 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 PPTA straddle into a catalyst or short a PPTA straddle to harvest decay, the options straddle setups that matter are all in one place.
