Trading a IIPR straddle lets you take a pure volatility position on Innovative Industrial Properties Inc without committing to a direction. Innovative Industrial Properties 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 IIPR straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on IIPR 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 Innovative Industrial Properties 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 IIPR straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the IIPR straddle is the cleanest expression of that view. Our scanner prices every IIPR 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 IIPR straddle into a catalyst or short a IIPR straddle to harvest decay, the options straddle setups that matter are all in one place.
