Neonode Inc (NEON) Straddle

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

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

Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, China, and internationally. It also offers software solutions for scene analysis using advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other types of imagers. In addition, the company licenses its technology to original equipment manufacturers (OEMs) and Tier 1 suppliers. Further, it provides embedded sensors modules to OEMs, original design manufacturers, and systems integrators; and engineering consulting services.

Additionally, the company sells Neonode branded sensor products, such as AirBar products through distributors. It serves office equipment, automotive, industrial automation, medical, military, and avionics markets. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden.

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