TXNM Energy Inc (TXNM) Straddle

Trading a TXNM straddle lets you take a pure volatility position on TXNM Energy Inc without committing to a direction. TXNM Energy 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 TXNM straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on TXNM 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 TXNM Energy 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 TXNM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services.

The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.

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