Chicago Atlantic Real Estate Finance Inc (REFI) Straddle

Trading a REFI straddle lets you take a pure volatility position on Chicago Atlantic Real Estate Finance Inc without committing to a direction. Chicago Atlantic Real Estate Finance 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 REFI straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on REFI 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 Chicago Atlantic Real Estate Finance 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 REFI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.

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