Trading a SITM straddle lets you take a pure volatility position on SiTime Corp without committing to a direction. SiTime 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 SITM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SITM 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 SiTime 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 SITM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SITM straddle is the cleanest expression of that view. Our scanner prices every SITM 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 SITM straddle into a catalyst or short a SITM straddle to harvest decay, the options straddle setups that matter are all in one place.
