Trading a STNG straddle lets you take a pure volatility position on Scorpio Tankers Inc without committing to a direction. Scorpio Tankers 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 STNG straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on STNG 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 Scorpio Tankers 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 STNG straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company's fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the STNG straddle is the cleanest expression of that view. Our scanner prices every STNG 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 STNG straddle into a catalyst or short a STNG straddle to harvest decay, the options straddle setups that matter are all in one place.
