Runway Growth Finance Corp (RWAY) Straddle

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

A long straddle on RWAY 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 Runway Growth Finance 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 RWAY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services.

It invests in senior secured loans between $10 million and $75 million.

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