Trading a UNIT straddle lets you take a pure volatility position on Uniti Group Inc without committing to a direction. Uniti Group 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 UNIT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on UNIT 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 Uniti Group 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 UNIT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of September 30, 2020, Uniti owns 6.7 million fiber strand miles and other communications real estate throughout the United States.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the UNIT straddle is the cleanest expression of that view. Our scanner prices every UNIT 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 UNIT straddle into a catalyst or short a UNIT straddle to harvest decay, the options straddle setups that matter are all in one place.
