Rimini Street Inc (RMNI) Straddle

Trading a RMNI straddle lets you take a pure volatility position on Rimini Street Inc without committing to a direction. Rimini Street 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 RMNI straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on RMNI 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 Rimini Street 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 RMNI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

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