Vanguard Total International Bond ETF (BNDX) Straddle

Trading a BNDX straddle lets you take a pure volatility position on Vanguard Total International Bond ETF without committing to a direction. Vanguard Total International 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 BNDX straddle pricing in real time and find the moments when expected moves are mispriced.

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

Seeks to track the performance of the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (Hedged).Employs hedging strategies that seek to mitigate uncertainty in exchange rates.Passively managed, using index sampling.Fund remains fully invested.Broad exposure across major bond markets outside of the United States.Low expenses minimize net tracking error.With respect to 75% of its total assets, the fund may not: (1) purchase more than 10% of the outstanding voting securities of any one issuer or (2) purchase securities of any issuer if, as a result, more than 5% of the fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index.

This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.

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