Trading a BIV straddle lets you take a pure volatility position on Vanguard Intermediate-Term Bond ETF without committing to a direction. Vanguard Intermediate-Term Bond ETF'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 BIV straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on BIV 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 Vanguard Intermediate-Term Bond ETF 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 BIV straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Seeks to track the investment return of the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Index, a market-weighted bond index that covers investment-grade bonds with a dollar-weighted average maturity of 5 to 10 years. Invests in U.S. government high-quality (investment grade) corporate and investment-grade international dollar-denominated bonds. Passively managed, using index sampling.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the BIV straddle is the cleanest expression of that view. Our scanner prices every BIV 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 BIV straddle into a catalyst or short a BIV straddle to harvest decay, the options straddle setups that matter are all in one place.
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