ORIC Pharmaceuticals Inc (ORIC) Straddle

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

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

ORIC Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers and develops therapies for treatment of cancers in the United States. Its clinical stage product candidates include ORIC-533, an orally bioavailable small molecule inhibitor of CD73 being developed for resistance to chemotherapy- and immunotherapy-based treatment regimens; ORIC-944, an allosteric inhibitor of the polycomb repressive complex 2 for prostate cancer; and ORIC-114, a brain penetrant orally bioavailable irreversible inhibitor designed to selectively target epidermal growth factor receptor and human epidermal growth factor receptor 2 with high potency towards exon 20 insertion mutations.

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