Trading a MAXI straddle lets you take a pure volatility position on Simplify Bitcoin Strategy ETF without committing to a direction. Simplify Bitcoin Strategy 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 MAXI straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on MAXI 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 Simplify Bitcoin Strategy 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 MAXI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) seeks capital gains through an actively managed Bitcoin strategy. A risk-managed options overlay is added to provide income. The Bitcoin exposure will vary between 50% to 200% of the fund’s net assets, based on a proprietary technical model. Exposure may be gained through various instruments, including Bitcoin ETFs, futures, options, or swaps. The options income strategy will focus on selling put spreads on a variety of instruments, including equity indices as well as bond and commodity ETFs.* *The fund does not invest in bitcoin directly.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the MAXI straddle is the cleanest expression of that view. Our scanner prices every MAXI 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 MAXI straddle into a catalyst or short a MAXI straddle to harvest decay, the options straddle setups that matter are all in one place.
