Trading a PTON straddle lets you take a pure volatility position on Peloton Interactive Inc without committing to a direction. Peloton Interactive 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 PTON straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PTON 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 Peloton Interactive 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 PTON straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Peloton Interactive, Inc. provides interactive fitness products in North America and internationally. It offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names. The company also provides connected fitness subscriptions for various household users, and access to various live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. As of June 30, 2021, it had approximately 5.9 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com.
Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PTON straddle is the cleanest expression of that view. Our scanner prices every PTON 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 PTON straddle into a catalyst or short a PTON straddle to harvest decay, the options straddle setups that matter are all in one place.
