Fortuna Mining Corp (FSM) Straddle

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

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

Fortuna Silver Mines Inc. engages in the acquisition, exploration, and mining of precious and base metal deposits in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It holds interest in the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine situated in southern Mexico; the Lindero gold project located in Argentina; Yaramoko gold mine situated in south western Burkina Faso; and Séguéla gold mine located in south western Côte d'Ivoire. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005.

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