Trico Bancshares (TCBK) Straddle

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

A long straddle on TCBK 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 Trico Bancshares 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 TCBK straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services.

It operates 61 traditional branches, 7 in-store branches, and 7 loan production offices in 31 counties throughout California. The company was founded in 1975 and is headquartered in Chico, California.

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