QNC Straddle Strategy
QNC (Quantum eMotion Corp.), in the Technology sector, (Semiconductors industry), listed on AMEX.
Quantum eMotion Corp. is a technology enterprise primarily dedicated to the advancement and commercialization of quantum random number generator (QRNG) technology. This firm concentrates its efforts on engineering secure communication tools for critical industries, including finance, banking, defense, mobile networks, and internet telecommunications. The company, which maintains its principal offices in Montreal, Canada, commenced operations on July 19, 2007.
QNC (Quantum eMotion Corp.) trades in the Technology sector, specifically Semiconductors, with a market capitalization of approximately $655.9M, a beta of -2.81 versus the broader market, a 52-week range of 0.115-4.44, average daily share volume of 180K, a public-listing history dating back to 2010, approximately 5 full-time employees. These structural characteristics shape how QNC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of -2.81 indicates QNC 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 QNC?
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 QNC snapshot
As of June 29, 2026, spot at $3.05, ATM IV 125.90%, expected move 36.09%. The straddle on QNC 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 18-day expiry.
Why this straddle structure on QNC specifically: IV rank is unavailable in the current snapshot, so regime-based timing for QNC is inferred from ATM IV at 125.90% alone, with a market-implied 1-standard-deviation move of approximately 36.09% (roughly $1.10 on the underlying). The 18-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated QNC expiries trade a higher absolute premium for lower per-day decay. Position sizing on QNC should anchor to the underlying notional of $3.05 per share and to the trader's directional view on QNC stock.
QNC straddle setup
The QNC 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 QNC near $3.05, the first option leg uses a $3.05 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed QNC chain at a 18-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 QNC shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Call | $3.05 | N/A |
| Buy 1 | Put | $3.05 | N/A |
QNC 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.
QNC straddle payoff curve
Modeled P&L at expiration across a range of underlying prices for the straddle on QNC. 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 QNC
Straddles on QNC are pure-volatility plays that profit from large moves in either direction; traders typically buy QNC straddles ahead of earnings, FDA decisions, or other catalysts where the realized move is expected to exceed the implied move priced into the chain.
QNC thesis for this straddle
The market-implied 1-standard-deviation range for QNC extends from approximately $1.95 on the downside to $4.15 on the upside. A QNC 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. As a Technology name, QNC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to QNC-specific events.
QNC 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. QNC positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move QNC alongside the broader basket even when QNC-specific fundamentals are unchanged. Always rebuild the position from current QNC chain quotes before placing a trade.
Frequently asked questions
- What is a straddle on QNC?
- A straddle on QNC is the straddle strategy applied to QNC (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 QNC stock trading near $3.05, the strikes shown on this page are snapped to the nearest listed QNC chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are QNC 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 QNC straddle priced from the end-of-day chain at a 30-day expiry (ATM IV 125.90%), 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 QNC straddle?
- The breakeven for the QNC 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 QNC market-implied 1-standard-deviation expected move is approximately 36.09%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a straddle on QNC?
- Straddles on QNC are pure-volatility plays that profit from large moves in either direction; traders typically buy QNC 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 QNC implied volatility affect this straddle?
- Current QNC ATM IV is 125.90%; IV rank context is unavailable in the current snapshot.