Trilogy Metals Inc (TMQ) Straddle

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

A long straddle on TMQ 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 Trilogy Metals 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 TMQ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Trilogy Metals Inc., a base metals exploration company, explores for and develops mineral properties in the United States. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper - cobalt deposits covering an area of approximately 426,690 acres located in the Ambler mining district in Northwest Alaska. The company was formerly known as NovaCopper Inc. and changed its name to Trilogy Metals Inc. in September 2016. Trilogy Metals Inc. was founded in 2004 and is headquartered in Vancouver, Canada.

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