Civista Bancshares Inc (CIVB) Straddle

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

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

Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that provides community banking services. It collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit. The company also purchases securities; and provides trust and third-party insurance services. It operates approximately 42 locations in Northern, Central, Southwestern, and Northwestern Ohio, as well as Southeastern Indiana and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc.

in May 2015. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.

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