Trading a CGNT straddle lets you take a pure volatility position on Cognyte Software Ltd without committing to a direction. Cognyte Software Ltd'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 CGNT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CGNT 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 Cognyte Software Ltd 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 CGNT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. Its Actionable Intelligence for a Safer World, an open software designed to help governments and enterprises accelerate and enhance the effectiveness of investigations. The company also offers network intelligence analytics, open source and threat intelligence analytics, and operational intelligence analytics solutions. Its solutions are designed to support various use cases and support a range of users, including data analysts, investigation managers, and security operations center operators, as well as operational field teams.
In addition, the company provides customer support, professional, and integration services. Its government customers include national, regional, and local government agencies; and enterprise customers consist of commercial and physical security customers. The company was incorporated in 2020 and is headquartered in Herzliya, Israel.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CGNT straddle is the cleanest expression of that view. Our scanner prices every CGNT 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 CGNT straddle into a catalyst or short a CGNT straddle to harvest decay, the options straddle setups that matter are all in one place.
