Medallion Financial Corp (MFIN) Straddle

Trading a MFIN straddle lets you take a pure volatility position on Medallion Financial Corp without committing to a direction. Medallion Financial 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 MFIN straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on MFIN 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 Medallion Financial 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 MFIN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses. The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans.

In addition, it provides debt, mezzanine, and equity investment capital to companies in various industries; and raises deposits and conducts other banking activities. Medallion Financial Corp. was incorporated in 1995 and is headquartered in New York City, New York.

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