Virgin Galactic Holdings Inc (SPCE) Straddle

Trading a SPCE straddle lets you take a pure volatility position on Virgin Galactic Holdings Inc without committing to a direction. Virgin Galactic Holdings 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 SPCE straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on SPCE 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 Virgin Galactic Holdings 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 SPCE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.

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