iShares Bitcoin Trust ETF (IBIT) Straddle

Trading a IBIT straddle lets you take a pure volatility position on iShares Bitcoin Trust ETF without committing to a direction. iShares Bitcoin Trust ETF'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 IBIT straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on IBIT 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 iShares Bitcoin Trust ETF 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 IBIT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The iShares Bitcoin Trust ETF seeks to reflect generally the performance of the price of bitcoin.The iShares Bitcoin Trust ETF is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. The Trust is not a commodity pool for purposes of the Commodity Exchange Act. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.

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