Sight Sciences Inc (SGHT) Straddle

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

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

Sight Sciences, Inc., an ophthalmic medical device company, engages in the development and commercialization of surgical and nonsurgical technologies for the treatment of eye diseases. The company's products include OMNI Surgical System, a therapeutic device used by ophthalmic surgeons to reduce intraocular pressure in adult glaucoma patients; and TearCare System, a wearable eyelid technology for the treatment of dry eye disease (DED) for ophthalmologists and optometrists. It offers its products through sales representatives and distributors to hospitals, medical centers, and eyecare professionals in the United States.

The company was incorporated in 2010 and is headquartered in Menlo Park, California.

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