Trading a MGNI straddle lets you take a pure volatility position on Magnite Inc without committing to a direction. Magnite 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 MGNI straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on MGNI 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 Magnite 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 MGNI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations.
The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the MGNI straddle is the cleanest expression of that view. Our scanner prices every MGNI 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 MGNI straddle into a catalyst or short a MGNI straddle to harvest decay, the options straddle setups that matter are all in one place.
