Trading a SD straddle lets you take a pure volatility position on Sandridge Energy Inc without committing to a direction. Sandridge Energy 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 SD straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SD 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 Sandridge Energy 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 SD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells; and operated approximately 368,000 net leasehold acres in Oklahoma and Kansas, as well as total estimated proved reserves of 71.3 million barrels of oil equivalent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SD straddle is the cleanest expression of that view. Our scanner prices every SD 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 SD straddle into a catalyst or short a SD straddle to harvest decay, the options straddle setups that matter are all in one place.
