Trading a SKYW straddle lets you take a pure volatility position on Skywest Inc without committing to a direction. Skywest 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 SKYW straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SKYW 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 Skywest 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 SKYW straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing. It also leases regional jet aircraft and spare engines to third parties. As of December 31, 2021, the company's fleet consisted of 629 aircraft; and provided scheduled passenger and air freight services with approximately 2,080 total daily departures to various destinations in the United States, Canada, Mexico, and the Caribbean. In addition, it offers airport customer and ground handling services for other airlines. SkyWest, Inc.
was incorporated in 1972 and is headquartered in St. George, Utah.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SKYW straddle is the cleanest expression of that view. Our scanner prices every SKYW 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 SKYW straddle into a catalyst or short a SKYW straddle to harvest decay, the options straddle setups that matter are all in one place.
