Profound Medical Corp (PROF) Straddle

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

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

Profound Medical Corp., together with its subsidiaries, operates as a commercial-stage medical device company that develops magnetic resonance guided ablation procedures for treatment of prostate disease, uterine fibroids, and palliative pain treatment in Canada, Germany, the United States, and Finland. Its lead product TULSA-PRO system used for magnetic resonance imaging scanner in hospitals and treatment facilities. The company also offers Sonalleve, a therapeutic platform for the treatment of uterine fibroids and palliative pain relief associated with metastases in bone, as well as non-invasive treatment of uterine fibroids.

Profound Medical Corp. is headquartered in Mississauga, Canada.

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