F/m US Treasury 6 Month Bill ETF (XBIL) Straddle

Trading a XBIL straddle lets you take a pure volatility position on F/m US Treasury 6 Month Bill ETF without committing to a direction. F/m US Treasury 6 Month Bill 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 XBIL straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on XBIL 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 F/m US Treasury 6 Month Bill 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 XBIL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Under normal market conditions, The adviser seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in the component securities of the underlying index. The underlying index is comprised of a single issue purchased at the beginning of the month and held for a full month.

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