Trading a TRVI straddle lets you take a pure volatility position on Trevi Therapeutics Inc without committing to a direction. Trevi 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 TRVI straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TRVI 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 Trevi 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 TRVI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Trevi Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of Haduvio to treat serious neurologically mediated conditions. The company is developing Haduvio, an oral extended-release formulation of nalbuphine, which is in phase IIb/III clinical trial for the treatment of chronic pruritus, chronic cough in patients with idiopathic pulmonary fibrosis. It has a license agreement with Endo Pharmaceuticals Inc. to develop and commercialize products incorporating nalbuphine hydrochloride in any formulation. The company was incorporated in 2011 and is headquartered in New Haven, Connecticut.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TRVI straddle is the cleanest expression of that view. Our scanner prices every TRVI 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 TRVI straddle into a catalyst or short a TRVI straddle to harvest decay, the options straddle setups that matter are all in one place.
