Trading a TXRH straddle lets you take a pure volatility position on Texas Roadhouse Inc without committing to a direction. Texas Roadhouse 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 TXRH straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TXRH 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 Texas Roadhouse 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 TXRH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names. As of December 28, 2021, it operated 566 domestic restaurants and 101 franchise restaurants. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TXRH straddle is the cleanest expression of that view. Our scanner prices every TXRH 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 TXRH straddle into a catalyst or short a TXRH straddle to harvest decay, the options straddle setups that matter are all in one place.
