Trading a PRCT straddle lets you take a pure volatility position on Procept BioRobotics Corp without committing to a direction. Procept BioRobotics Corp'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 PRCT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PRCT 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 Procept BioRobotics Corp 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 PRCT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
PROCEPT BioRobotics Corporation, a surgical robotics company, develops transformative solutions in urology. It develops, manufactures, and sells AquaBeam Robotic System, an image-guided, surgical robotic system for use in minimally-invasive urologic surgery with a focus on treating benign prostatic hyperplasia (BPH). The company also designs Aquablation therapy for males suffering from lower urinary tract symptoms due to BPH. As of December 31, 2021, it had an install base of 130 AquaBeam Robotic Systems worldwide comprising 78 in the United States. PROCEPT BioRobotics Corporation was incorporated in 2007 and is headquartered in Redwood City, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PRCT straddle is the cleanest expression of that view. Our scanner prices every PRCT 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 PRCT straddle into a catalyst or short a PRCT straddle to harvest decay, the options straddle setups that matter are all in one place.
