Trading a REPX straddle lets you take a pure volatility position on Riley Exploration Permian Inc without committing to a direction. Riley Exploration Permian 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 REPX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on REPX 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 Riley Exploration Permian 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 REPX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Riley Exploration Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the San Andres Formation, a shelf margin deposit on the Central Basin Platform and Northwest Shelf. Its acreage is primarily located on contiguous blocks in Yoakum County, Texas; and Lea and Roosevelt Counties, New Mexico. As of September 30, 2021, the company had approximately 31,352 net acres and a total of 77 net producing wells. Riley Exploration Permian, Inc.
is headquartered in Oklahoma City, Oklahoma.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the REPX straddle is the cleanest expression of that view. Our scanner prices every REPX 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 REPX straddle into a catalyst or short a REPX straddle to harvest decay, the options straddle setups that matter are all in one place.
