Trading a TXO straddle lets you take a pure volatility position on TXO Partners LP without committing to a direction. TXO Partners LP'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 TXO straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TXO 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 TXO Partners LP 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 TXO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
TXO Energy Partners, L.P. engages in the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. As of July 31, 2022, it had working interest in the 850,009 gross acres located in the United States primarily in the San Juan Basin of New Mexico and Colorado, and the Permian Basin of West Texas and New Mexico. The company was founded in 2012 and is based in Fort Worth, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TXO straddle is the cleanest expression of that view. Our scanner prices every TXO 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 TXO straddle into a catalyst or short a TXO straddle to harvest decay, the options straddle setups that matter are all in one place.
