Seritage Growth Properties (SRG) Straddle

Trading a SRG straddle lets you take a pure volatility position on Seritage Growth Properties without committing to a direction. Seritage Growth Properties'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 SRG straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on SRG 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 Seritage Growth Properties 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 SRG straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015. The Company's mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.

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