ASML Holding NV ADRhedged (ASMH) Straddle

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

A long straddle on ASMH 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 ASML Holding NV ADRhedged 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 ASMH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Series, under normal circumstances, invests at least 95% of its net assets in American Depositary Receipts (“ADRs”) of the ASML Holding NV. It invests in the ADRs of the company and a currency swap designed to hedge against fluctuations in the exchange rate between the U.S. dollar and the Euro. The fund is non-diversified.

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