Trading a GHRS straddle lets you take a pure volatility position on GH Research PLC without committing to a direction. GH Research PLC'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 GHRS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on GHRS 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 GH Research PLC 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 GHRS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
GH Research PLC, a clinical-stage biopharmaceutical company, engages in developing various therapies for the treatment of psychiatric and neurological disorders. The company focuses on developing 5-Methoxy-N,N-Dimethyltryptamine (5-MeO-DMT) therapies for the treatment of patients with treatment-resistant depression (TRD). Its lead program is GH001, an inhalable 5-MeO-DMT product candidate that has completed two Phase 1 clinical trials and Phase 1/2 clinical trial in patients with TRD. The company also develops GH002, an injectable 5-MeO-DMT product candidate; and GH003, an intranasal 5-MeO-DMT product candidate, which are in preclinical development trials with a focus on psychiatric and neurological disorders.
GH Research PLC was incorporated in 2018 and is based in Dublin, Ireland.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the GHRS straddle is the cleanest expression of that view. Our scanner prices every GHRS 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 GHRS straddle into a catalyst or short a GHRS straddle to harvest decay, the options straddle setups that matter are all in one place.
