Collegium Pharmaceutical Inc (COLL) Straddle

Trading a COLL straddle lets you take a pure volatility position on Collegium Pharmaceutical Inc without committing to a direction. Collegium Pharmaceutical 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 COLL straddle pricing in real time and find the moments when expected moves are mispriced.

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

Collegium Pharmaceutical, Inc., a specialty pharmaceutical company, develops and commercializes medicines for pain management. Its portfolio includes Xtampza ER, an abuse-deterrent, extended-release, oral formulation of oxycodone; Nucynta ER and Nucynta IR, which are extended-release and immediate-release formulations of tapentadol; and Xtampza ER for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment. The company was formerly known as Collegium Pharmaceuticals, Inc. and changed its name to Collegium Pharmaceutical, Inc. in October 2003. Collegium Pharmaceutical, Inc.

was incorporated in 2002 and is headquartered in Stoughton, Massachusetts.

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