Protara Therapeutics Inc (TARA) Straddle

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

A long straddle on TARA 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 Protara Therapeutics 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 TARA straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Protara Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the identifying and advancing transformative therapies for the treatment of cancer and rare diseases. The company's lead program is TARA-002, an investigational cell therapy for the treatment of lymphatic malformations. It also develops intravenous choline chloride, an investigational phospholipid substrate replacement therapy for the treatment of intestinal failure associated liver disease. The company was formerly known as ArTara Therapeutics, Inc. and changed its name to Protara Therapeutics, Inc. in May 2020.

Protara Therapeutics, Inc. is headquartered in New York, New York.

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