BioNTech SE ADR (BNTX) Straddle

Trading a BNTX straddle lets you take a pure volatility position on BioNTech SE ADR without committing to a direction. BioNTech SE ADR'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 BNTX straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on BNTX 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 BioNTech SE ADR 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 BNTX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

BioNTech SE, a biotechnology company, develops and commercializes immunotherapies for cancer and other infectious diseases. The company is developing FixVac product candidates, including BNT111, which is in Phase II clinical trial for advance melanoma; BNT112 that is in Phase I/IIa clinical trial for prostate cancer; BNT113, which is in Phase II clinical trial to treat HPV+ head and neck cancers; BNT114 that is in Phase I clinical trial for triple negative breast cancer; BNT115, which is in Phase I clinical trial in ovarian cancer; and BNT116, a preclinical stage product for non-small cell lung cancer.

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