Trading a ACES straddle lets you take a pure volatility position on ALPS Clean Energy ETF without committing to a direction. ALPS Clean Energy 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 ACES straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ACES 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 ALPS Clean Energy 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 ACES straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The ALPS Clean Energy ETF (ACES) seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (NACEX).
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ACES straddle is the cleanest expression of that view. Our scanner prices every ACES 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 ACES straddle into a catalyst or short a ACES straddle to harvest decay, the options straddle setups that matter are all in one place.
