RxSight Inc (RXST) Straddle

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

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

RxSight, Inc., a medical technology company, engages in the research and development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery in the United States and internationally. It offers RxSight system that enables doctors to customize and enhance the visual acuity for patients after cataract surgery. The company's RxSight system includes RxSight light delivery device, an office-based light treatment device that delivers UV light in a programmed pattern to modify the LAL based on the visual correction needed to achieve desired vision after cataract surgery.

It primarily serves cataract doctors. The company was formerly known as Calhoun Vision, Inc. and changed its name to RxSight, Inc. in February 2017. RxSight, Inc. was incorporated in 1997 and is headquartered in Aliso Viejo, California.

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