John Wiley & Sons Inc (WLY) Straddle

Trading a WLY straddle lets you take a pure volatility position on John Wiley & Sons Inc without committing to a direction. John Wiley & Sons 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 WLY straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on WLY 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 John Wiley & Sons 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 WLY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

John Wiley & Sons, Inc. operates as a research and education company worldwide. The company operates through three segments: Research Publishing & Platforms, Academic & Professional Learning, and Education Services. The Research Publishing & Platforms segment offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries. This segment also publishes physical sciences and engineering, health sciences, social sciences, and humanities and life sciences journals; and provides a publishing software and service for scholarly and professional societies, and publishers to deliver, host, enhance, market, and manage their content on the web through the Literatum platform.

It sells and distributes its products through various channels, including research libraries and library consortia, and independent subscription agents, as well as directly to professional society members, bookstores, online booksellers, and other customers. The Academic & Professional Learning segment provides education publishing and professional learning products and services, including scientific, professional, and education print and digital books, digital courseware, and test preparation services to libraries, corporations, students, professionals, and researchers, as well as learning, development, and assessment services for businesses and professionals. This segment distributes its products through chain and online booksellers, libraries, colleges and universities, corporations, direct to consumer, websites, distributor networks, and other online applications. The Education Services segment provides online program management services for higher education institutions and talent development services including placement and training for professionals and businesses. The company was founded in 1807 and is headquartered in Hoboken, New Jersey.

Earnings, product cycles, macro prints — any time volatility itself is the trade, the WLY straddle is the cleanest expression of that view. Our scanner prices every WLY 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 WLY straddle into a catalyst or short a WLY straddle to harvest decay, the options straddle setups that matter are all in one place.