Trading a SIBN straddle lets you take a pure volatility position on SI-BONE Inc without committing to a direction. SI-BONE 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 SIBN straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SIBN 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 SI-BONE 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 SIBN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
SI-BONE, Inc., a medical device company, develops implantable devices used to solve musculoskeletal disorders of the sacropelvic anatomy in the United States and internationally. It offers iFuse, a minimally invasive surgical implant system to address sacroiliac joint dysfunction and degeneration, adult deformity, and pelvic ring traumatic fractures. The company also provides iFuse-3D, a titanium implant that combines the triangular cross-section of the iFuse implant with the proprietary 3D-printed porous surface and fenestrated design; and iFuse-TORQ, a set of 3D-printed threaded implants designed to treat fractures of the pelvis and for minimally invasive sacroiliac joint fusion.
It markets its products primarily with a direct sales force, as well as through distributors. The company was incorporated in 2008 and is headquartered in Santa Clara, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SIBN straddle is the cleanest expression of that view. Our scanner prices every SIBN 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 SIBN straddle into a catalyst or short a SIBN straddle to harvest decay, the options straddle setups that matter are all in one place.
