How are LOGI 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 LOGI straddle priced from the end-of-day chain at a 30-day expiry (ATM IV 39.20%), the computed maximum profit is unbounded per contract and the computed maximum loss is -$631.62 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a LOGI straddle?

The breakeven for the LOGI straddle priced on this page is roughly $88.48 and $101.53 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 LOGI market-implied 1-standard-deviation expected move is approximately 11.24%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current LOGI implied volatility affect this straddle?

LOGI ATM IV is at 39.20% with IV rank near 43.22%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.

LOGI Straddle Strategy

LOGI (Logitech International S.A.), in the Technology sector, (Computer Hardware industry), listed on NASDAQ.

Logitech International S.A., a Swiss-based corporation founded in 1981 and headquartered in Lausanne, specializes in designing, manufacturing, and globally distributing an extensive array of devices that connect individuals to digital and cloud experiences. Its comprehensive product line encompasses various input peripherals, such as wireless mice, a wide range of keyboards (including corded, cordless, living room-specific, and keyboard-and-mouse combinations), PC webcams, and keyboards tailored for tablets and smartphones. For the gaming community, Logitech provides performance-focused keyboards, mice, headsets, and immersive simulation hardware like steering wheels and flight sticks. Businesses benefit from its advanced video conferencing solutions, including ConferenceCams that integrate high-definition video with professional-grade audio for seamless collaboration, alongside individual webcams, headsets for desktop communication, and dedicated controllers for meeting room systems. The company further offers a diverse selection of audio equipment, from portable wireless Bluetooth and Wi-Fi speakers to mobile and PC speakers, microphones, in-ear headphones, and wireless audio wearables. Its portfolio also extends to home entertainment controllers and home security cameras.

LOGI (Logitech International S.A.) trades in the Technology sector, specifically Computer Hardware, with a market capitalization of approximately $13.97B, a trailing P/E of 19.85, a beta of 0.63 versus the broader market, a 52-week range of 83.32-129.66, average daily share volume of 1.1M, a public-listing history dating back to 1997, approximately 7K full-time employees. These structural characteristics shape how LOGI stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.63 indicates LOGI has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure. LOGI pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.

What is a straddle on LOGI?

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 LOGI snapshot

As of June 30, 2026, spot at $93.79, ATM IV 39.20%, IV rank 43.22%, expected move 11.24%. The straddle on LOGI 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 17-day expiry.

Why this straddle structure on LOGI specifically: LOGI IV at 39.20% is mid-range versus its 1-year history, so strategy selection should anchor more to the directional thesis than to the IV regime, with a market-implied 1-standard-deviation move of approximately 11.24% (roughly $10.54 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 LOGI expiries trade a higher absolute premium for lower per-day decay. Position sizing on LOGI should anchor to the underlying notional of $93.79 per share and to the trader's directional view on LOGI stock.

LOGI straddle setup

The LOGI 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 LOGI near $93.79, the first option leg uses a $95.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed LOGI 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 LOGI shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Buy 1	Call	$95.00	$2.78
Buy 1	Put	$95.00	$3.75

LOGI straddle risk and reward

Net Premium / Debit: -$652.50
Max Profit (per contract): Unbounded
Max Loss (per contract): -$631.62
Breakeven(s): $88.48, $101.53
Risk / Reward Ratio: Unbounded

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.

LOGI straddle payoff curve

Modeled P&L at expiration across a range of underlying prices for the straddle on LOGI. 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.

P&L at expiration across the modeled underlying-price range. Green shading marks profitable regions, red shading marks loss regions. Dotted purple verticals mark breakevens; the solid dark vertical marks current spot.

Underlying Price	% From Spot	P&L at Expiration
$0.01	-100.0%	+$8,846.50
$20.75	-77.9%	+$6,772.86
$41.48	-55.8%	+$4,699.22
$62.22	-33.7%	+$2,625.59
$82.96	-11.6%	+$551.95
$103.69	+10.6%	+$216.69
$124.43	+32.7%	+$2,290.33
$145.16	+54.8%	+$4,363.97
$165.90	+76.9%	+$6,437.61
$186.64	+99.0%	+$8,511.24

When traders use straddle on LOGI

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

LOGI thesis for this straddle

The market-implied 1-standard-deviation range for LOGI extends from approximately $83.25 on the downside to $104.33 on the upside. A LOGI 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 LOGI IV rank near 43.22% is mid-range against its 1-year distribution, so the IV signal is neutral; the straddle thesis on LOGI should anchor more to the directional view and the expected-move geometry. As a Technology name, LOGI options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to LOGI-specific events.

LOGI 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. LOGI positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move LOGI alongside the broader basket even when LOGI-specific fundamentals are unchanged. Always rebuild the position from current LOGI chain quotes before placing a trade.

Frequently asked questions

What is a straddle on LOGI?: A straddle on LOGI is the straddle strategy applied to LOGI (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 LOGI stock trading near $93.79, the strikes shown on this page are snapped to the nearest listed LOGI chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are LOGI 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 LOGI straddle priced from the end-of-day chain at a 30-day expiry (ATM IV 39.20%), the computed maximum profit is unbounded per contract and the computed maximum loss is -$631.62 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a LOGI straddle?: The breakeven for the LOGI straddle priced on this page is roughly $88.48 and $101.53 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 LOGI market-implied 1-standard-deviation expected move is approximately 11.24%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a straddle on LOGI?: Straddles on LOGI are pure-volatility plays that profit from large moves in either direction; traders typically buy LOGI 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 LOGI implied volatility affect this straddle?: LOGI ATM IV is at 39.20% with IV rank near 43.22%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.