SmartFinancial Inc (SMBK) Straddle

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

A long straddle on SMBK 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 SmartFinancial 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 SMBK straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers. It operates through Commercial Real Estate, Consumer Real Estate, Construction and Land Development, Commercial and Industrial, and Consumer and Other segments. The company offers noninterest-bearing and interest-bearing checking, interest-bearing demand, savings, money market, time deposit, individual retirement accounts, as well as certificates of deposit. It also provides commercial and residential real estate, consumer real estate, and construction and land development loans; commercial and financial loans; mortgage loans; and direct consumer installment loans, educational, and other revolving credit loans; and overdraft facilities.

In addition, the company offers wealth management, insurance, mortgage origination, and Internet and mobile banking services. As of March 1, 2022, it had 41 full-service branches and 2 loan production offices in East and Middle Tennessee, Alabama, and the Florida Panhandle. The company is headquartered in Knoxville, Tennessee.

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