Trading a CLOV straddle lets you take a pure volatility position on Clover Health Investments Corp without committing to a direction. Clover Health Investments 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 CLOV straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CLOV 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 Clover Health Investments 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 CLOV straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Clover Health Investments, Corp. operates as a medicare advantage insurer in the United States. The company through its Clover Assistant, a software platform that provides preferred provider organization and health maintenance organization health plans for medicare-eligible consumers. It also focuses on non-insurance businesses. Clover Health Investments, Corp. was incorporated in 2014 and is based in Franklin, Tennessee.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CLOV straddle is the cleanest expression of that view. Our scanner prices every CLOV 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 CLOV straddle into a catalyst or short a CLOV straddle to harvest decay, the options straddle setups that matter are all in one place.
