Trading a SENS straddle lets you take a pure volatility position on Senseonics Holdings Inc without committing to a direction. Senseonics Holdings 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 SENS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SENS 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 Senseonics Holdings 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 SENS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Senseonics Holdings, Inc., a medical technology company, develops and commercializes continuous glucose monitoring (CGM) systems for people with diabetes in the United States, Europe, the Middle East, and Africa. The company's products include Eversense and Eversense XL, which are implantable CGM systems to measure glucose levels in people with diabetes through an under-the-skin sensor, a removable and rechargeable smart transmitter, and a convenient app for real-time diabetes monitoring and management for a period of up to six months. It serves healthcare providers and patients through a network of distributors and strategic fulfillment partners.
The company has a collaboration agreement with the University Hospitals Accountable Care Organization. Senseonics Holdings, Inc. was founded in 1996 and is headquartered in Germantown, Maryland.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SENS straddle is the cleanest expression of that view. Our scanner prices every SENS 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 SENS straddle into a catalyst or short a SENS straddle to harvest decay, the options straddle setups that matter are all in one place.
