Trading a UNTY straddle lets you take a pure volatility position on Unity Bancorp Inc without committing to a direction. Unity Bancorp 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 UNTY straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on UNTY 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 Unity Bancorp 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 UNTY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts, as well as noninterest and interest-bearing demand deposits. It also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans.
the company offered its services through the Internet and nineteen branch offices located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was incorporated in 1991 and is based in Clinton, New Jersey.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the UNTY straddle is the cleanest expression of that view. Our scanner prices every UNTY 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 UNTY straddle into a catalyst or short a UNTY straddle to harvest decay, the options straddle setups that matter are all in one place.
