Edgewise Therapeutics Inc (EWTX) Straddle

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

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

Edgewise Therapeutics, Inc., a biopharmaceutical company, develops small molecule therapies for musculoskeletal diseases. The Company's lead product candidate, EDG-5506, is an orally administered small molecule designed to address the root cause of dystrophinopathies including Duchenne muscular dystrophy and Becker muscular dystrophy which has completed Phase 1 clinical trial. It develops a pipeline of precision medicine product candidates that target key muscle proteins and modulators to address genetically defined muscle disorders. Edgewise Therapeutics, Inc. was incorporated in 2017 and is headquartered in Boulder, Colorado.

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