Trading a LMND straddle lets you take a pure volatility position on Lemonade Inc without committing to a direction. Lemonade 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 LMND straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on LMND 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 Lemonade 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 LMND straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the LMND straddle is the cleanest expression of that view. Our scanner prices every LMND 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 LMND straddle into a catalyst or short a LMND straddle to harvest decay, the options straddle setups that matter are all in one place.
