Trading a SRAD straddle lets you take a pure volatility position on Sportradar Group AG without committing to a direction. Sportradar Group AG'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 SRAD straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SRAD 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 Sportradar Group AG 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 SRAD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally. Its sports data services to the bookmaking under the Betradar brand name, and to the international media industry under the Sportradar Media Services brand name. The company offers mission-critical software, data, and content to sports leagues, betting operators, and media companies. In addition, the company provides sports entertainment, gaming solution, and sports solutions, as well as live streaming solution for online, mobile, and retail sports betting.
Further, its software solutions address the entire sports betting value chain from traffic generation and advertising technology to the collection, processing, and extrapolation of data and odds, as well as to visualization solutions, risk management, and platform services. Sportradar Group AG was incorporated in 2001 and is headquartered in St. Gallen, Switzerland.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SRAD straddle is the cleanest expression of that view. Our scanner prices every SRAD 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 SRAD straddle into a catalyst or short a SRAD straddle to harvest decay, the options straddle setups that matter are all in one place.
