Trading a BKKT straddle lets you take a pure volatility position on Bakkt Inc without committing to a direction. Bakkt 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 BKKT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on BKKT 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 Bakkt 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 BKKT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc.
The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the BKKT straddle is the cleanest expression of that view. Our scanner prices every BKKT 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 BKKT straddle into a catalyst or short a BKKT straddle to harvest decay, the options straddle setups that matter are all in one place.
