Insight Molecular Diagnostics Inc (IMDX) Straddle

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

A long straddle on IMDX 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 Insight Molecular Diagnostics 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 IMDX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

OncoCyte Corporation, a molecular diagnostics company, researches, develops, and commercializes proprietary laboratory-developed tests for the detection of cancer in the United States and internationally. The company offers DetermaRx, a molecular test for early-stage adenocarcinoma of the lung; and DetermaIO, a proprietary gene expression assay. It also provides biomarker discovery testing, assay design and development, and clinical trial support services, as well as various biomarker tests for pharmaceutical companies. The company has a collaboration agreement with Life Technologies Corporation to develop and collaborate in the commercialization of Oncomine Comprehensive Assay Plus and Determa IO assay for use with Ion Torrent Genexus integrated sequencer and purification system.

OncoCyte Corporation was incorporated in 2009 and is based in Irvine, California.

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