First Mid Bancshares Inc
First Mid Bancshares Inc (FMBH) Straddle
FMBH straddle scan found 6 qualifying long straddle setups on the previous trading day. Probability of profit reaches up to 45.9%.
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Trading a FMBH straddle lets you take a pure volatility position on First Mid Bancshares Inc without committing to a direction. First Mid 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 FMBH straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on FMBH 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 First Mid 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 FMBH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases.
It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; and employee benefit services for business enterprises. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. It operates through a network of 52 banking centers in Illinois and 14 offices in Missouri, as well as a loan production office in Indiana. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the FMBH straddle is the cleanest expression of that view. Our scanner prices every FMBH 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 FMBH straddle into a catalyst or short a FMBH straddle to harvest decay, the options straddle setups that matter are all in one place.
| Apr 16, 2027 | 55.00 | $8.85 | 207 | 3% | 45.9% | $63.85 | $46.15 | 0 |
| Apr 16, 2027 | 50.00 | $7.60 | 207 | 3% | 44.4% | $57.60 | $42.40 | 0 |
| Jan 15, 2027 | 50.00 | $5.73 | 116 | 3% | 44.3% | $55.73 | $44.28 | 0 |
| Apr 16, 2027 | 60.00 | $12.63 | 207 | 3% | 43.1% | $72.63 | $47.38 | 0 |
| Jan 15, 2027 | 55.00 | $7.98 | 116 | 3% | 41.1% | $62.98 | $47.03 | 0 |
| Nov 20, 2026 | 50.00 | $5.28 | 60 | 3% | 32.6% | $55.28 | $44.73 | 0 |
As of September 23, 2026
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Track FMBH straddle pricing across expirations, filter by IV rank and breakeven points, and build a setup that fits your view before the move happens.
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