Bassett Furniture Industries Inc (BSET) Straddle

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

A long straddle on BSET 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 Bassett Furniture Industries 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 BSET straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail –company-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores.

It also provides shipping, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia.

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