Amplify Travel Tech ETF (AWAY) Straddle

Trading a AWAY straddle lets you take a pure volatility position on Amplify Travel Tech ETF without committing to a direction. Amplify Travel Tech 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 AWAY straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on AWAY 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 Amplify Travel Tech 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 AWAY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Amplify Travel Tech ETF (AWAY) seeks investment results that generally correlate (before fees and expenses) to the total return performance of the Prime Travel Technology Index NTR. AWAY tracks a portfolio of companies in the “Travel Technology Business” that use internet technology to enable travel-related services such as bookings, ride sharing, price comparison, and travel advice.

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