Trading a TRUP straddle lets you take a pure volatility position on Trupanion Inc without committing to a direction. Trupanion 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 TRUP straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TRUP 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 Trupanion 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 TRUP straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Trupanion, Inc., together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Puerto Rico, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians. The company was formerly known as Vetinsurance International, Inc. changed its name to Trupanion, Inc. in 2013. The company was founded in 2000 and is headquartered in Seattle, Washington.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TRUP straddle is the cleanest expression of that view. Our scanner prices every TRUP 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 TRUP straddle into a catalyst or short a TRUP straddle to harvest decay, the options straddle setups that matter are all in one place.
