Trading a IMRX straddle lets you take a pure volatility position on Immuneering Corp without committing to a direction. Immuneering 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 IMRX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on IMRX 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 Immuneering 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 IMRX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Immuneering Corporation, a biopharmaceutical company, focuses on the oncology and neuroscience product candidates. Its lead product candidates include IMM-1-104, a dual-MEK inhibitor to treat patients with cancer, including pancreatic, melanoma, colorectal, and non-small cell lung cancer caused by mutations of RAS and/or RAF; and IMM-6-415 to treat solid tumors. The company also has five oncology programs in the discovery stage that are designed to target components of the MAPK or mTOR pathway; and two discovery stage neuroscience programs. Immuneering Corporation was incorporated in 2008 and is based in Cambridge, Massachusetts.
Immuneering Corporation was a former subsidiary of Teva Pharmaceutical Industries Limited.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the IMRX straddle is the cleanest expression of that view. Our scanner prices every IMRX 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 IMRX straddle into a catalyst or short a IMRX straddle to harvest decay, the options straddle setups that matter are all in one place.
