Trading a RGLD straddle lets you take a pure volatility position on Royal Gold Inc without committing to a direction. Royal Gold 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 RGLD straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on RGLD 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 Royal Gold 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 RGLD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and cobalt. As of June 30, 2022, the Company owned interests in 185 properties on five continents, including interests on 41 producing mines and 19 development stage projects. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, and internationally.
Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the RGLD straddle is the cleanest expression of that view. Our scanner prices every RGLD 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 RGLD straddle into a catalyst or short a RGLD straddle to harvest decay, the options straddle setups that matter are all in one place.
