Trading a BLSH straddle lets you take a pure volatility position on Bullish without committing to a direction. Bullish'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 BLSH straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on BLSH 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 Bullish 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 BLSH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Bullish provides market infrastructure and information services in United States. It operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. The company also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights, operates Coindesk.com, a leading digital media platform that covers news and insights about digital assets, the underlying markets, policy, and blockchain technology.
Bullish was founded in 2020 and is based in George Town, Cayman Islands.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the BLSH straddle is the cleanest expression of that view. Our scanner prices every BLSH 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 BLSH straddle into a catalyst or short a BLSH straddle to harvest decay, the options straddle setups that matter are all in one place.
