NMI Holdings Inc (NMIH) Straddle

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

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

NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.

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