Trading a SGMT straddle lets you take a pure volatility position on Sagimet Biosciences Inc without committing to a direction. Sagimet Biosciences 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 SGMT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SGMT 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 Sagimet Biosciences 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 SGMT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional lipid metabolism pathways. Its lead drug candidate is Denifanstat, a FASN inhibitor for the treatment of nonalcoholic steatohepatitis and acne. The company is also developing TVB-3567, a FASN inhibitor for the treatment of various types of cancers. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SGMT straddle is the cleanest expression of that view. Our scanner prices every SGMT 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 SGMT straddle into a catalyst or short a SGMT straddle to harvest decay, the options straddle setups that matter are all in one place.
