Zevia PBC (ZVIA) Straddle

Trading a ZVIA straddle lets you take a pure volatility position on Zevia PBC without committing to a direction. Zevia PBC'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 ZVIA straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on ZVIA 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 Zevia PBC 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 ZVIA straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated and non-carbonated soft drinks in the United States and Canada. It offers soda, energy drinks, organic tea, mixers, kidz beverages, and sparkling water. The company offers its products through various retail channels, including grocery distributors, national retailers, warehouse club, and natural products retailers, as well as e-commerce channels. It provides its products under the Zevia brand name. The company was founded in 2007 and is headquartered in Encino, California.

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