Trustco Bank Corp (TRST) Straddle

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

A long straddle on TRST 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 Trustco Bank Corp 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 TRST straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts.

As of December 31, 2021, it operated through 147 banking offices and 163 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.

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