Franklin BSP Realty Trust Inc (FBRT) Straddle

Trading a FBRT straddle lets you take a pure volatility position on Franklin BSP Realty Trust Inc without committing to a direction. Franklin BSP Realty 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 FBRT straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on FBRT 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 Franklin BSP Realty 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 FBRT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The company also originates conduit loans; and invests in commercial real estate securities, as well as owns real estate acquired through foreclosure and deed in lieu of foreclosure, and purchased for investment. In addition, it invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes.

It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Benefit Street Partners Realty Trust, Inc. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.

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