VersaBank (VBNK) Straddle

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

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

VersaBank, a schedule I chartered bank, provides various banking products and services in Canada. The company offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, and tax-free savings accounts, as well as deposit insurance products. It also provides lending services, including point of sale financing that involves purchasing loan and lease receivables from finance companies operating in various industries; and commercial banking services comprising commercial real estate, public sector/infrastructure financing, condominium financing, and residential mortgages.

The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.

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