Chimera Investment Corp (CIM) Straddle

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

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

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT. In addition, the company invests in investment, non-investment grade, and non-rated classes. The company was incorporated in 2007 and is based in New York, New York.

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