Trading a PGNY straddle lets you take a pure volatility position on Progyny Inc without committing to a direction. Progyny 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 PGNY straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PGNY 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 Progyny 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 PGNY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides its members with access to the medications needed during their treatment. In addition, it provides surrogacy and adoption reimbursement programs for employers. The company was formerly known as Auxogyn, Inc.
and changed its name to Progyny, Inc. in 2015. Progyny, Inc. was incorporated in 2008 and is headquartered in New York, New York.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PGNY straddle is the cleanest expression of that view. Our scanner prices every PGNY 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 PGNY straddle into a catalyst or short a PGNY straddle to harvest decay, the options straddle setups that matter are all in one place.
