Trading a SII straddle lets you take a pure volatility position on Sprott Inc without committing to a direction. Sprott 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 SII straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SII 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 Sprott 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 SII straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Sprott Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts. Further, the firm also provides broker-dealer activities. Sprott Inc. was formed on February 13, 2008 and is based in Toronto, Canada.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SII straddle is the cleanest expression of that view. Our scanner prices every SII 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 SII straddle into a catalyst or short a SII straddle to harvest decay, the options straddle setups that matter are all in one place.
