Trading a MSBT straddle lets you take a pure volatility position on Morgan Stanley Bitcoin Trust without committing to a direction. Morgan Stanley Bitcoin Trust'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 MSBT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on MSBT 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 Morgan Stanley Bitcoin Trust 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 MSBT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Morgan Stanley Bitcoin Trust is an exchange-traded product that seeks to track the performance of bitcoin. [43] The investment seeks to track the performance of bitcoin, as measured by the performance of the CoinDesk Bitcoin Benchmark 4PM NY Settlement Rate, adjusted for the Trust's expenses and other liabilities. [52] An investment in the Trust is not a direct investment in bitcoin. [51]
Earnings, product cycles, macro prints — any time volatility itself is the trade, the MSBT straddle is the cleanest expression of that view. Our scanner prices every MSBT 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 MSBT straddle into a catalyst or short a MSBT straddle to harvest decay, the options straddle setups that matter are all in one place.
