G Straddle Strategy
G (Genpact Limited), in the Technology sector, (Information Technology Services industry), listed on NYSE.
Genpact Limited provides business process outsourcing and information technology (IT) services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Banking, Capital Markets and Insurance; Consumer Goods, Retail, Life Sciences and Healthcare; and High Tech, Manufacturing and Services. The company offers CFO advisory services; and environmental, social, and governance (ESG) services, such as data management, carbon accounting, human rights assessment, sustainability diligence, and ESG reporting. It also provides finance and accounting services, which include accounts payable, such as document management, invoice processing, approval and resolution management, and travel and expense processing; invoice-to-cash services, including customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services comprising accounting, treasury, tax, product cost accounting, and closing and reporting services; financial planning and analysis consisting of budgeting, forecasting, and business performance reporting; and enterprise risk and compliance services, including operational risks and controls. In addition, the company provides supply chain advisory services, and after-sales services; sourcing and procurement services comprising direct and indirect strategic sourcing, category management, spend analytics, procurement operation, and master data management; and sales and commercial services, including campaign, order, and dispute management, lead generation, pricing, and promotion optimization. Further, it offers IT services, which comprise end-user computing support, infrastructure management, application production support, and database management services; and transformation services that include digital solutions, consulting services, and analytics services and solutions.
G (Genpact Limited) trades in the Technology sector, specifically Information Technology Services, with a market capitalization of approximately $4.99B, a trailing P/E of 8.80, a beta of 0.62 versus the broader market, a 52-week range of 29.0984-48.64, average daily share volume of 2.5M, a public-listing history dating back to 2007, approximately 145K full-time employees. These structural characteristics shape how G stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.62 indicates G has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure. The trailing P/E of 8.80 is on the value side, where IV often compresses outside event windows because forward growth expectations are already discounted into the share price. G pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a straddle on G?
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.
Current G snapshot
As of May 15, 2026, spot at $28.92, ATM IV 36.80%, IV rank 6.84%, expected move 10.55%. The straddle on G below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 34-day expiry.
Why this straddle structure on G specifically: G IV at 36.80% is on the cheap side of its 1-year range, which favors premium-buying structures like a G straddle, with a market-implied 1-standard-deviation move of approximately 10.55% (roughly $3.05 on the underlying). The 34-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated G expiries trade a higher absolute premium for lower per-day decay. Position sizing on G should anchor to the underlying notional of $28.92 per share and to the trader's directional view on G stock.
G straddle setup
The G 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 G near $28.92, the first option leg uses a $28.92 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed G chain at a 34-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 G shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Call | $28.92 | N/A |
| Buy 1 | Put | $28.92 | N/A |
G 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.
G straddle payoff curve
Modeled P&L at expiration across a range of underlying prices for the straddle on G. 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 G
Straddles on G are pure-volatility plays that profit from large moves in either direction; traders typically buy G straddles ahead of earnings, FDA decisions, or other catalysts where the realized move is expected to exceed the implied move priced into the chain.
G thesis for this straddle
The market-implied 1-standard-deviation range for G extends from approximately $25.87 on the downside to $31.97 on the upside. A G 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. Current G IV rank near 6.84% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on G at 36.80%. As a Technology name, G options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to G-specific events.
G 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. G positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move G alongside the broader basket even when G-specific fundamentals are unchanged. Always rebuild the position from current G chain quotes before placing a trade.
Frequently asked questions
- What is a straddle on G?
- A straddle on G is the straddle strategy applied to G (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 G stock trading near $28.92, the strikes shown on this page are snapped to the nearest listed G chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are G 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 G straddle priced from the end-of-day chain at a 30-day expiry (ATM IV 36.80%), 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 G straddle?
- The breakeven for the G straddle priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current G market-implied 1-standard-deviation expected move is approximately 10.55%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a straddle on G?
- Straddles on G are pure-volatility plays that profit from large moves in either direction; traders typically buy G 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 G implied volatility affect this straddle?
- G ATM IV is at 36.80% with IV rank near 6.84%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.