Trading a ZUMZ straddle lets you take a pure volatility position on Zumiez Inc without committing to a direction. Zumiez 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 ZUMZ straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ZUMZ 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 Zumiez 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 ZUMZ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Zumiez Inc., together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Its hardgoods include skateboards, snowboards, bindings, components, and other equipment. As of February 26, 2022, the company operated 738 stores, including 602 stores in the United States, 52 stores in Canada, 67 stores in Europe, and 17 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times. The company also operates zumiez.com, zumiez.ca, blue-tomato.com, and fasttimes.com.au e-commerce websites. Zumiez Inc. was founded in 1978 and is headquartered in Lynnwood, Washington.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ZUMZ straddle is the cleanest expression of that view. Our scanner prices every ZUMZ 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 ZUMZ straddle into a catalyst or short a ZUMZ straddle to harvest decay, the options straddle setups that matter are all in one place.
