Trading a WRAP straddle lets you take a pure volatility position on Wrap Technologies Inc without committing to a direction. Wrap Technologies 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 WRAP straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on WRAP 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 Wrap Technologies 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 WRAP straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company develops BolaWrap 150, a hand-held remote restraint device that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2016 and is based in Tempe, Arizona.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the WRAP straddle is the cleanest expression of that view. Our scanner prices every WRAP 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 WRAP straddle into a catalyst or short a WRAP straddle to harvest decay, the options straddle setups that matter are all in one place.
