Range Resources Corp (RRC) Straddle

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

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

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies.

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