Straddle Scanner

Long ATM call + put · wins on ANY big move · ranked by implied-move / break-even ratio

PlaybookLong Straddle · pure volatility betBuy ATM call + ATM put. Wins on ANY big move, either direction. Loses if spot sits still.
✓ Best when
  • · Pre-catalyst (FOMC, CPI, NFP, earnings)
  • · IV rank < 30 but realized vol is high (IV under-priced)
  • · ICT displacement expected, direction 50/50
✕ Avoid
  • · Peak-IV days (IV crush = you lose even on a big move)
  • · Long DTE (theta is brutal)
  • · Boring range days (bleed to zero)
📅 Best days
  • · Tue/Wed before FOMC (Wednesday 2PM ET decision)
  • · Tue/Wed morning before CPI print
  • · Thu before Friday NFP
  • · Day before earnings (single-stock)
short DTE = cheaper premium + faster theta
SPY0 candidates
no candidates (OI/spread filters)
QQQ0 candidates
no candidates (OI/spread filters)
IWM0 candidates
no candidates (OI/spread filters)
Straddle = BUY 1 CALL + BUY 1 PUT at same ATM strike + expiry. Wins if SPY moves outside [strike − premium, strike + premium] by expiry.
Move÷BE ≥ 1.0× means the market's own implied 1σ move already exceeds your break-even distance — statistical tailwind.