Trading a NN straddle lets you take a pure volatility position on NextNav Inc without committing to a direction. NextNav 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 NN straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on NN 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 NextNav 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 NN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
NextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its TerraPoiNT terrestrial-based encrypted network has deployments in 51 total markets nationally. The company sells its solutions directly to customers or through partners. The company was founded in 2007 and is headquartered in McLean, Virginia.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the NN straddle is the cleanest expression of that view. Our scanner prices every NN 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 NN straddle into a catalyst or short a NN straddle to harvest decay, the options straddle setups that matter are all in one place.
