Trading a LASR straddle lets you take a pure volatility position on nLIGHT Inc without committing to a direction. nLIGHT 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 LASR straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on LASR 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 nLIGHT 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 LASR straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
nLIGHT, Inc. designs, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments, Laser Products and Advanced Development. The company also provides fiber amplifiers, and beam combination and control systems for use in high-energy laser systems in directed energy applications. It sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through various independent sales representatives and distributors in Asia, Europe, and South America.
The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the LASR straddle is the cleanest expression of that view. Our scanner prices every LASR 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 LASR straddle into a catalyst or short a LASR straddle to harvest decay, the options straddle setups that matter are all in one place.
