Trading a PRE straddle lets you take a pure volatility position on Prenetics Global Limited without committing to a direction. Prenetics Global Limited'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 PRE straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PRE 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 Prenetics Global Limited 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 PRE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Prenetics Global Limited, an investment holding company, operates as a diagnostics and genetic testing company. Its products include CircleDNA, a consumer genetic testing product; and Circle HealthPod, a rapid detection health monitoring system that allows users to take COVID-19 tests at point-of-care or at home utilizing the nucleic acid amplification test. The company's products also comprise ColoClear, a non-invasive FIT-DNA colorectal cancer screening test; Circle SnapShot, an off-the-shelf at-home blood test; Circle Medical, a diagnostic testing product; and Circle One and F1x/Fem. Prenetics Global Limited was founded in 2014 and is headquartered in Quarry Bay, Hong Kong.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PRE straddle is the cleanest expression of that view. Our scanner prices every PRE 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 PRE straddle into a catalyst or short a PRE straddle to harvest decay, the options straddle setups that matter are all in one place.
