Perella Weinberg Partners (PWP) Straddle

Trading a PWP straddle lets you take a pure volatility position on Perella Weinberg Partners without committing to a direction. Perella Weinberg Partners'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 PWP straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on PWP 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 Perella Weinberg Partners 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 PWP straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advice services related to mission-critical strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, capital raising, structure and restructuring, capital markets advisory, energy underwriting, and equity research. It serves public multinational corporations, mid-sized public and private companies, individual entrepreneurs, private and institutional investors, creditor committees, and government institutions in various industries comprising consumer and retail; energy; financial institutions; healthcare; industrials; and technology, media, and telecommunications.

The company was founded in 2006 and is based in New York, New York.

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