RLJ Lodging Trust (RLJ) Straddle

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

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

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.

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