Trading a CMPX straddle lets you take a pure volatility position on Compass Therapeutics Inc without committing to a direction. Compass Therapeutics Inc'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 CMPX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CMPX 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 Compass Therapeutics Inc 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 CMPX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Compass Therapeutics, Inc., a clinical-stage oncology-focused biopharmaceutical company, engages in developing antibody-based therapeutics to treat various human diseases. The company's product candidates in the clinical stage of development include CTX-009, an investigational bispecific antibody that blocks Delta-like ligand 4/Notch and vascular endothelial growth factor A signaling pathways, which are critical to angiogenesis and tumor vascularization; and CTX-471, an IgG4 monoclonal antibody that is an agonist of CD137. Its product candidates also comprise CTX-8371, a bispecific inhibitor that targets PD-1 and PD-L1.
The company was founded in 2014 and is headquartered in Boston, Massachusetts.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CMPX straddle is the cleanest expression of that view. Our scanner prices every CMPX 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 CMPX straddle into a catalyst or short a CMPX straddle to harvest decay, the options straddle setups that matter are all in one place.
