Trading a USPH straddle lets you take a pure volatility position on U.S. Physical Therapy Inc without committing to a direction. U.S. Physical Therapy 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 USPH straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on USPH 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 U.S. Physical Therapy 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 USPH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. It operates through two segments, Physical Therapy Operations and Industrial Injury Prevention Services. The company offers industrial injury prevention services, including onsite injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments through physical therapists and specialized certified athletic trainers for Fortune 500 companies, and other clients comprising insurers and their contractors.
As of December 31, 2021, it operated 591 clinics in 39 states; and managed 35 physical therapy practice facilities. The company was founded in 1990 and is based in Houston, Texas.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the USPH straddle is the cleanest expression of that view. Our scanner prices every USPH 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 USPH straddle into a catalyst or short a USPH straddle to harvest decay, the options straddle setups that matter are all in one place.
