Lantern Pharma Inc (LTRN) Straddle

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

A long straddle on LTRN 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 Lantern Pharma 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 LTRN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Lantern Pharma Inc., a clinical stage biotechnology company, focuses on artificial intelligence, machine learning, and genomic data to streamline the drug development process. Its advanced drug candidate is LP-100, which is in phase II clinical trials to treat metastatic, castration-resistant, and prostate cancer. The company also develops LP-300 as a combination therapy for non or never-smokers with non-small cell lung cancer adenocarcinoma. In addition, its preclinical development drug candidate is LP-184, an alkylating agent that damages DNA in cancer cells that overexpress certain biomarkers or that harbor mutations in DNA repair pathways.

Further, the company operates ADC program, an antibody drug conjugate therapeutic approach for cancer treatment. Additionally, the company's artificial intelligence platform RADR uses big data analytics and machine learning for combining molecular data. The company was incorporated in 2013 and is headquartered in Dallas, Texas.

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