Trading a INSP straddle lets you take a pure volatility position on Inspire Medical Systems Inc without committing to a direction. Inspire Medical Systems 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 INSP straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on INSP 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 Inspire Medical Systems 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 INSP straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, a closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the INSP straddle is the cleanest expression of that view. Our scanner prices every INSP 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 INSP straddle into a catalyst or short a INSP straddle to harvest decay, the options straddle setups that matter are all in one place.
