Cherry Hill Mortgage Investment Corp (CHMI) Straddle

Trading a CHMI straddle lets you take a pure volatility position on Cherry Hill Mortgage Investment Corp without committing to a direction. Cherry Hill Mortgage Investment Corp'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 CHMI straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on CHMI 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 Cherry Hill Mortgage Investment Corp 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 CHMI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS (residential mortgage-backed securities), Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and RMBS. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.

Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.

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