NexPoint Diversified Real Estate Trust (NXDT) Straddle

Trading a NXDT straddle lets you take a pure volatility position on NexPoint Diversified Real Estate Trust without committing to a direction. NexPoint Diversified Real Estate 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 NXDT straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on NXDT 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 NexPoint Diversified Real Estate 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 NXDT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation. NXDT seeks to achieve this objective by investing among various commercial real estate property types and across the capital structure, including but not limited to mortgage debt, mezzanine debt and common and preferred equity.

Target underlying property types primarily include but are not limited to industrial, hospitality, net lease, retail, office, storage and healthcare and, to the extent currently owned, multifamily and single-family rentals. NXDT also may, to a limited extent, hold, acquire or transact in certain non-real estate securities.

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