Enact Holdings Inc (ACT) Straddle

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

A long straddle on ACT 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 Enact Holdings 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 ACT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc.

is a subsidiary of Genworth Holdings, Inc.

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