FLOC Straddle Strategy

FLOC (Flowco Holdings Inc.), in the Energy sector, (Oil & Gas Equipment & Services industry), listed on NYSE.

Flowco Holdings Inc. functions as a parent company. Through its various subsidiary firms, it provides specialized expertise and solutions to the oil and natural gas sector, particularly focusing on improving operational output, aiding in well fluid extraction through artificial lift methods, and developing strategies to reduce methane emissions.

FLOC (Flowco Holdings Inc.) trades in the Energy sector, specifically Oil & Gas Equipment & Services, with a market capitalization of approximately $1.78B, a trailing P/E of 16.50, a beta of 0.93 versus the broader market, a 52-week range of 14.03-28.26, average daily share volume of 652K, a public-listing history dating back to 2025, approximately 1K full-time employees. These structural characteristics shape how FLOC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.93 places FLOC roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. FLOC pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.

What is a straddle on FLOC?

A long straddle buys an ATM call and an ATM put at the same strike, profiting from a large move in either direction; max loss equals the combined debit when the underlying pins to the strike at expiration.

FLOC snapshot

As of September 29, 2026, spot at $18.07, ATM IV 89.40%, expected move 25.63%. The straddle on FLOC below is built from the end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 17-day expiry.

Why this straddle structure on FLOC specifically: IV rank is unavailable in the current snapshot, so regime-based timing for FLOC is inferred from ATM IV at 89.40% alone, with a market-implied 1-standard-deviation move of approximately 25.63% (roughly $4.63 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated FLOC expiries trade a higher absolute premium for lower per-day decay. Position sizing on FLOC should anchor to the underlying notional of $18.07 per share and to the trader's directional view on FLOC stock.

FLOC straddle setup

The FLOC straddle below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With FLOC at $18.07 on that close, the first option leg uses a $18.07 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed FLOC chain at a 17-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 FLOC shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Buy 1	Call	$18.07	N/A
Buy 1	Put	$18.07	N/A

FLOC straddle risk and reward

Net Premium / Debit: N/A
Max Profit (per contract): Unbounded
Max Loss (per contract): Unbounded
Breakeven(s): None on modeled curve
Risk / Reward Ratio: N/A

Upside max profit is unbounded; downside max profit is bounded at the strike minus the combined call plus put debit (reached at zero). Max loss equals the combined debit times 100 (reached when the underlying pins to the strike). Two breakevens at strike plus debit and strike minus debit.

FLOC straddle payoff curve

Modeled P&L at expiration across a range of underlying prices for the straddle on FLOC. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.

When traders use straddle on FLOC

Straddles on FLOC are pure-volatility plays that profit from large moves in either direction; traders typically buy FLOC straddles ahead of earnings, FDA decisions, or other catalysts where the realized move is expected to exceed the implied move priced into the chain.

FLOC thesis for this straddle

The market-implied 1-standard-deviation range for FLOC extends from approximately $13.44 on the downside to $22.70 on the upside. A FLOC long straddle is a pure-volatility play: it profits when the underlying moves far enough from the strike in either direction to overcome the combined call plus put debit, regardless of direction. As a Energy name, FLOC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to FLOC-specific events.

FLOC straddle positions are structurally neutral / high-volatility (long premium); the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. FLOC positions also carry Energy sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move FLOC alongside the broader basket even when FLOC-specific fundamentals are unchanged. Always rebuild the position from current FLOC chain quotes before placing a trade.

Frequently asked questions

What is a straddle on FLOC?: A straddle on FLOC is the straddle strategy applied to FLOC (stock). The strategy is structurally neutral / high-volatility (long premium): A long straddle buys an ATM call and an ATM put at the same strike, profiting from a large move in either direction; max loss equals the combined debit when the underlying pins to the strike at expiration. With FLOC stock at $18.07 on the most recent close, the strikes shown on this page are snapped to the nearest listed FLOC chain strike and the premiums come straight from that session's bid/ask midpoint.
How are FLOC straddle max profit and max loss calculated?: Upside max profit is unbounded; downside max profit is bounded at the strike minus the combined call plus put debit (reached at zero). Max loss equals the combined debit times 100 (reached when the underlying pins to the strike). Two breakevens at strike plus debit and strike minus debit. For the FLOC straddle priced from the end-of-day chain at a 30-day expiry (ATM IV 89.40%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a FLOC straddle?: The breakeven for the FLOC straddle priced on this page is no defined breakeven on the modeled curve at expiration, derived from the end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The FLOC market-implied 1-standard-deviation expected move in the same options snapshot is approximately 25.63%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a straddle on FLOC?: Straddles on FLOC are pure-volatility plays that profit from large moves in either direction; traders typically buy FLOC straddles ahead of earnings, FDA decisions, or other catalysts where the realized move is expected to exceed the implied move priced into the chain.
How does current FLOC implied volatility affect this straddle?: Current FLOC ATM IV is 89.40%; IV rank context is unavailable in the current snapshot.