XBiotech Inc (XBIT) Straddle

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

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

XBiotech Inc., a biopharmaceutical company, discovers, develops, and commercializes True Human monoclonal antibodies for treating various diseases. The company focuses on developing a pipeline of product candidates targeting both inflammatory and infectious diseases. It is also developing interleukin-1 alpha therapies to treat variety of medical conditions, such as cancer, stroke, heart attack, or arthritis; and mediates tissue breakdown, angiogenesis, the formation of blood clots, malaise, muscle wasting, and inflammation, and True Human COVID-19 therapy for treating the COVID-19 mutant virus.

The company was incorporated in 2005 and is headquartered in Austin, Texas.

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