Trading a WGS straddle lets you take a pure volatility position on GeneDx Holdings Corp without committing to a direction. GeneDx Holdings Corp'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 WGS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on WGS 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 GeneDx Holdings Corp 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 WGS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
GeneDx Holdings Corp. is a patient centered health intelligence company. It engages in transforming healthcare by applying AI and machine learning to multidimensional, longitudinal clinical and genomic data to build dynamic models of human health and defining optimal, individualized health trajectories. The firm, through its Centrellis health intelligence platform, generates a more complete understanding of disease and wellness and provides science-driven solutions to the most pressing medical needs. The company was founded by Eric Schadt in October 2015 and is headquartered in Stamford, CT.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the WGS straddle is the cleanest expression of that view. Our scanner prices every WGS 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 WGS straddle into a catalyst or short a WGS straddle to harvest decay, the options straddle setups that matter are all in one place.
