Trading a AVL straddle lets you take a pure volatility position on Direxion Daily AVGO Bull 2X ETF without committing to a direction. Direxion Daily AVGO Bull 2X 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 AVL straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on AVL 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 Direxion Daily AVGO Bull 2X 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 AVL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of AVGO and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to AVGO, consistent with the fund’s investment objective. The fund is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the AVL straddle is the cleanest expression of that view. Our scanner prices every AVL 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 AVL straddle into a catalyst or short a AVL straddle to harvest decay, the options straddle setups that matter are all in one place.
