Trading a NBIZ straddle lets you take a pure volatility position on Tradr 2X Short NBIS Daily ETF without committing to a direction. Tradr 2X Short NBIS Daily 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 NBIZ straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on NBIZ 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 Tradr 2X Short NBIS Daily 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 NBIZ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
NBIZ uses swap agreements and listed call options to make bearish bets on the share price of Nebius Group N.V. (NASDAQ: NBIS). The fund may also invest directly in the NBIS. Nebius Group N.V. offers an AI-centric cloud platform that provides full-stack infrastructure, including large-scale GPU clusters, cloud services, and developer tools to support AI builders worldwide. It operates through brands such as Toloka AI, which partners in data for generative AI development, TripleTen, and Avride. The fund seeks to maintain inverse daily leveraged exposure equivalent to 200% of the daily percentage change in NBIS price through daily rebalancing.
Returns may deviate from the expected -200% if held for longer than a single day due to factors such as volatility and compounding. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the NBIZ straddle is the cleanest expression of that view. Our scanner prices every NBIZ 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 NBIZ straddle into a catalyst or short a NBIZ straddle to harvest decay, the options straddle setups that matter are all in one place.
