Trading a PUMP straddle lets you take a pure volatility position on ProPetro Holding Corp without committing to a direction. ProPetro Holding 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 PUMP straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PUMP 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 ProPetro Holding 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 PUMP straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
ProPetro Holding Corp., an oilfield services company, provides hydraulic fracturing and other related services. The company operates through Pressure Pumping and All Other segments. It offers cementing, acidizing, and coiled tubing services. The company serves oil and gas companies engaged in the exploration and production of North American oil and natural gas resources. As of December 31, 2021, its fleet comprised 12 hydraulic fracturing units with 1,423,000 hydraulic horsepower. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PUMP straddle is the cleanest expression of that view. Our scanner prices every PUMP 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 PUMP straddle into a catalyst or short a PUMP straddle to harvest decay, the options straddle setups that matter are all in one place.
