Trading a UTI straddle lets you take a pure volatility position on Universal Technical Institute Inc without committing to a direction. Universal Technical Institute 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 UTI straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on UTI 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 Universal Technical Institute 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 UTI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Universal Technical Institute, Inc. provides transportation and technical training programs in the United States. The company provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians. It also offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute. In addition, the company provides manufacturer specific advanced training programs, including student paid electives at its campuses; and manufacturer or dealer sponsored training at various campuses and dedicated training centers, as well as offers programs for welding and computer numeric control machining.
As of September 30, 2021, it operated 12 campuses. Universal Technical Institute, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the UTI straddle is the cleanest expression of that view. Our scanner prices every UTI 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 UTI straddle into a catalyst or short a UTI straddle to harvest decay, the options straddle setups that matter are all in one place.
