Aardvark Therapeutics Inc (AARD) Straddle

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

A long straddle on AARD 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 Aardvark Therapeutics Inc 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 AARD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Aardvark Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing small-molecule therapeutics to activate innate homeostatic pathways for the treatment of metabolic diseases. Its lead product candidate is the ARD-101, an oral gut-restricted small-molecule agonist of certain targeting bitter taste receptors expressed in the gut lumen that is in Phase III clinical trial for hyperphagia associated with Prader-Willi Syndrome, as well as in Phase II clinical trial for hyperphagia associated with acquired hypothalamic obesity resultant from treatment of craniopharyngioma, including surgery or radiation.

It also developing ARD-201, which is in Phase I clinical trial for the treatment of obesity. The company was incorporated in 2017 and is based in San Diego, California.

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