Trading a BBW straddle lets you take a pure volatility position on Build A Bear Workshop Inc without committing to a direction. Build A Bear Workshop 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 BBW straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on BBW 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 Build A Bear Workshop 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 BBW straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Build-A-Bear Workshop, Inc. operates as a multi-channel retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes, accessories, and other toy and novelty items. The company operates its stores under the Build-A-Bear Workshop brand name; and sells its products through its e-commerce sites. As of January 29, 2022, it operated 346 stores, including 305 stores in the United States and Canada; and 41 stores in the United Kingdom and Ireland, as well as 72 franchised stores internationally.
The company was founded in 1997 and is headquartered in St. Louis, Missouri.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the BBW straddle is the cleanest expression of that view. Our scanner prices every BBW 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 BBW straddle into a catalyst or short a BBW straddle to harvest decay, the options straddle setups that matter are all in one place.
