Trading a BBVA straddle lets you take a pure volatility position on Banco Bilbao Vizcaya Argentaria SA ADR without committing to a direction. Banco Bilbao Vizcaya Argentaria SA ADR'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 BBVA straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on BBVA 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 Banco Bilbao Vizcaya Argentaria SA ADR 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 BBVA straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; and manages pension and investment funds. In addition, it offers credit cards; corporate and investment banking services; insurance products and services; and real estate services. The company provides its products through online and mobile channels. As of December 31, 2021, it operated through a network of 6,083 branches and 29,148 ATMs.
It operates in Spain, Mexico, South America, the United States, Turkey, Asia, and rest of Europe. Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 and is headquartered in Bilbao, Spain.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the BBVA straddle is the cleanest expression of that view. Our scanner prices every BBVA 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 BBVA straddle into a catalyst or short a BBVA straddle to harvest decay, the options straddle setups that matter are all in one place.
