Safe Bulkers Inc (SB) Straddle

Trading a SB straddle lets you take a pure volatility position on Safe Bulkers Inc without committing to a direction. Safe Bulkers Inc'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 SB straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on SB 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 Safe Bulkers Inc 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 SB straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.

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