Trading a ZTO straddle lets you take a pure volatility position on ZTO Express (Cayman) Inc ADR without committing to a direction. ZTO Express (Cayman) Inc ADR'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 ZTO straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ZTO 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 ZTO Express (Cayman) Inc ADR 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 ZTO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2021, it operated a fleet of approximately 10,900 trucks. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ZTO straddle is the cleanest expression of that view. Our scanner prices every ZTO 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 ZTO straddle into a catalyst or short a ZTO straddle to harvest decay, the options straddle setups that matter are all in one place.
