Trading a WK straddle lets you take a pure volatility position on Workiva Inc without committing to a direction. Workiva 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 WK straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on WK 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 Workiva 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 WK straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Workiva Inc., together with its subsidiaries, provides cloud-based compliance and regulatory reporting solutions worldwide. The company offers Workiva platform that offers controlled collaboration, data linking, data integrations, granular permissions, process management, and full audit trail services; and provides tools that enables customers to connect data from enterprise resource planning, governance risk and compliance, human capital management, and customer relationship management systems, as well as from other third-party cloud and on-premise applications. It serves public and private companies, government agencies, and higher-education institutions.
The company was founded in 2008 and is headquartered in Ames, Iowa.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the WK straddle is the cleanest expression of that view. Our scanner prices every WK 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 WK straddle into a catalyst or short a WK straddle to harvest decay, the options straddle setups that matter are all in one place.
