Outset Medical Inc (OM) Straddle

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

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

Outset Medical, Inc., a medical technology company, develops a hemodialysis system for dialysis. It provides the Tablo Hemodialysis System, which comprises a compact console with integrated water purification, on-demand dialysate production, and software and connectivity capabilities for dialysis care in acute and home settings. The company was formerly known as Home Dialysis Plus, Ltd. and changed its name to Outset Medical, Inc. in January 2015. Outset Medical, Inc. was incorporated in 2003 and is headquartered in San Jose, California.

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