Teekay Corp Ltd (TK) Straddle

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

A long straddle on TK 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 Teekay Corp Ltd 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 TK straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company provides a full suite of ship-to-ship transfer services in the oil, gas, and dry bulk industries; lightering and lightering support; and operational and maintenance marine, as well as offshore production services. As of March 1, 2022, it operated a fleet of approximately 55 vessels. The company primarily serves energy and utility companies, major oil traders, large oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation.

Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.

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