Resources Connection Inc (RGP) Straddle

Trading a RGP straddle lets you take a pure volatility position on Resources Connection Inc without committing to a direction. Resources Connection 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 RGP straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on RGP 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 Resources Connection 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 RGP straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Resources Connection, Inc. provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. It also provides transformations services comprising finance transformation, digital transformation, supply chain management, cloud migration, and data design and analytics.

The company has a strategic alliance with Kotter International, Inc. to accelerate joint business development initiatives. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.

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