Permianville Royalty Trust (PVL) Straddle

Trading a PVL straddle lets you take a pure volatility position on Permianville Royalty Trust without committing to a direction. Permianville Royalty Trust'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 PVL straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on PVL 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 Permianville Royalty Trust 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 PVL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Permianville Royalty Trust operates as a statutory trust. It owns a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico. The company was formerly known as Enduro Royalty Trust and changed its name to Permianville Royalty Trust in September 2018. Permianville Royalty Trust was incorporated in 2011 and is based in Houston, Texas.

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