AISP Straddle Strategy
AISP (Airship AI Holdings, Inc.), in the Technology sector, (Software - Infrastructure industry), listed on NASDAQ.
Based in the U.S., Airship AI Holdings, Inc. delivers an artificial intelligence-powered surveillance solution that unifies video, sensor, and data management capabilities. Its product portfolio includes Airship Acropolis OS for both IP and traditional analog video surveillance; Airship Command, a comprehensive set of visualization tools enabling users to analyze data and evidence collected at the network edge; and Airship Outpost, which facilitates high-definition recording along with customizable low-bit rate video stream encoding. Their clientele spans various sectors, including governmental bodies, the public sector, law enforcement agencies, military operations, and commercial enterprises. Previously operating as Super Simple AI, Inc., the company officially adopted the name Airship AI Holdings, Inc. in March 2023. Established in 2006, its corporate headquarters are situated in Redmond, Washington.
AISP (Airship AI Holdings, Inc.) trades in the Technology sector, specifically Software - Infrastructure, with a market capitalization of approximately $79.2M, a trailing P/E of 16.16, a beta of 0.50 versus the broader market, a 52-week range of 2.03-7.2, average daily share volume of 643K, a public-listing history dating back to 2021, approximately 53 full-time employees. These structural characteristics shape how AISP stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.50 indicates AISP has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure.
What is a straddle on AISP?
A long straddle buys an ATM call and an ATM put at the same strike, profiting from a large move in either direction; max loss equals the combined debit when the underlying pins to the strike at expiration.
Current AISP snapshot
As of June 30, 2026, spot at $2.42, ATM IV 115.20%, IV rank 26.86%, expected move 33.03%. The straddle on AISP below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 17-day expiry.
Why this straddle structure on AISP specifically: AISP IV at 115.20% is on the cheap side of its 1-year range, which favors premium-buying structures like a AISP straddle, with a market-implied 1-standard-deviation move of approximately 33.03% (roughly $0.80 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AISP expiries trade a higher absolute premium for lower per-day decay. Position sizing on AISP should anchor to the underlying notional of $2.42 per share and to the trader's directional view on AISP stock.
AISP straddle setup
The AISP straddle below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With AISP near $2.42, the first option leg uses a $2.42 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AISP chain at a 17-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 AISP shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Call | $2.42 | N/A |
| Buy 1 | Put | $2.42 | N/A |
AISP straddle risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Upside max profit is unbounded; downside max profit is bounded at the strike minus the combined call plus put debit (reached at zero). Max loss equals the combined debit times 100 (reached when the underlying pins to the strike). Two breakevens at strike plus debit and strike minus debit.
AISP straddle payoff curve
Modeled P&L at expiration across a range of underlying prices for the straddle on AISP. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
When traders use straddle on AISP
Straddles on AISP are pure-volatility plays that profit from large moves in either direction; traders typically buy AISP straddles ahead of earnings, FDA decisions, or other catalysts where the realized move is expected to exceed the implied move priced into the chain.
AISP thesis for this straddle
The market-implied 1-standard-deviation range for AISP extends from approximately $1.62 on the downside to $3.22 on the upside. A AISP long straddle is a pure-volatility play: it profits when the underlying moves far enough from the strike in either direction to overcome the combined call plus put debit, regardless of direction. Current AISP IV rank near 26.86% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on AISP at 115.20%. As a Technology name, AISP options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AISP-specific events.
AISP straddle positions are structurally neutral / high-volatility (long premium); the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. AISP positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AISP alongside the broader basket even when AISP-specific fundamentals are unchanged. Always rebuild the position from current AISP chain quotes before placing a trade.
Frequently asked questions
- What is a straddle on AISP?
- A straddle on AISP is the straddle strategy applied to AISP (stock). The strategy is structurally neutral / high-volatility (long premium): A long straddle buys an ATM call and an ATM put at the same strike, profiting from a large move in either direction; max loss equals the combined debit when the underlying pins to the strike at expiration. With AISP stock trading near $2.42, the strikes shown on this page are snapped to the nearest listed AISP chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are AISP straddle max profit and max loss calculated?
- Upside max profit is unbounded; downside max profit is bounded at the strike minus the combined call plus put debit (reached at zero). Max loss equals the combined debit times 100 (reached when the underlying pins to the strike). Two breakevens at strike plus debit and strike minus debit. For the AISP straddle priced from the end-of-day chain at a 30-day expiry (ATM IV 115.20%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a AISP straddle?
- The breakeven for the AISP straddle priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current AISP market-implied 1-standard-deviation expected move is approximately 33.03%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a straddle on AISP?
- Straddles on AISP are pure-volatility plays that profit from large moves in either direction; traders typically buy AISP straddles ahead of earnings, FDA decisions, or other catalysts where the realized move is expected to exceed the implied move priced into the chain.
- How does current AISP implied volatility affect this straddle?
- AISP ATM IV is at 115.20% with IV rank near 26.86%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.