Trading a TIGO straddle lets you take a pure volatility position on Millicom International Cellular SA without committing to a direction. Millicom International Cellular SA'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 TIGO straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TIGO 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 Millicom International Cellular SA 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 TIGO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities.
As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TIGO straddle is the cleanest expression of that view. Our scanner prices every TIGO 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 TIGO straddle into a catalyst or short a TIGO straddle to harvest decay, the options straddle setups that matter are all in one place.
