Trading a BXMT straddle lets you take a pure volatility position on Blackstone Mortgage Trust Inc without committing to a direction. Blackstone Mortgage Trust 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 BXMT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on BXMT 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 Blackstone Mortgage Trust 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 BXMT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was founded in 1997 and is headquartered in New York, New York.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the BXMT straddle is the cleanest expression of that view. Our scanner prices every BXMT 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 BXMT straddle into a catalyst or short a BXMT straddle to harvest decay, the options straddle setups that matter are all in one place.
