Backblaze Inc (BLZE) Straddle

Trading a BLZE straddle lets you take a pure volatility position on Backblaze Inc without committing to a direction. Backblaze 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 BLZE straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on BLZE 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 Backblaze 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 BLZE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as backups, multi-cloud, application development, and ransomware protection.

Earnings, product cycles, macro prints — any time volatility itself is the trade, the BLZE straddle is the cleanest expression of that view. Our scanner prices every BLZE 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 BLZE straddle into a catalyst or short a BLZE straddle to harvest decay, the options straddle setups that matter are all in one place.