Trading a SMPL straddle lets you take a pure volatility position on Simply Good Foods Co without committing to a direction. Simply Good Foods Co'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 SMPL straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SMPL 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 Simply Good Foods Co 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 SMPL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, pizza, protein chips, recipes, and confectionery products, as well as licensed frozen meals under the Atkins, Atkins Endulge, and Quest brand names. The company distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels.
It also sells its products through e-commerce channels, including atkins.com, questnutrition.com, and amazon.com. The Simply Good Foods Company is headquartered in Denver, Colorado.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SMPL straddle is the cleanest expression of that view. Our scanner prices every SMPL 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 SMPL straddle into a catalyst or short a SMPL straddle to harvest decay, the options straddle setups that matter are all in one place.
