Seanergy Maritime Holdings Corp (SHIP) Straddle

Trading a SHIP straddle lets you take a pure volatility position on Seanergy Maritime Holdings Corp without committing to a direction. Seanergy Maritime Holdings 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 SHIP straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on SHIP 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 Seanergy Maritime Holdings 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 SHIP straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 17 Capesize vessels with a cargo-carrying capacity of approximately 3,011,083 deadweight tons. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Athens, Greece.

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