Trading a TR straddle lets you take a pure volatility position on Tootsie Roll Industries Inc without committing to a direction. Tootsie Roll Industries 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 TR straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TR 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 Tootsie Roll Industries 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 TR straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers.
Tootsie Roll Industries, Inc. was founded in 1896 and is based in Chicago, Illinois.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TR straddle is the cleanest expression of that view. Our scanner prices every TR 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 TR straddle into a catalyst or short a TR straddle to harvest decay, the options straddle setups that matter are all in one place.
