Dynex Capital Inc (DX) Straddle

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

A long straddle on DX 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 Dynex Capital 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 DX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders.

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