Cigna Group (CI) Straddle

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

A long straddle on CI 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 Cigna Group 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 CI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Cigna Group provides insurance and related products and services in the United States. Its Evernorth segment provides a range of coordinated and point solution health services, including pharmacy, benefits management, care delivery and management, and intelligence solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, vision, health advocacy programs, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans to on and off the public exchanges; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations.

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