Trading a CDEI straddle lets you take a pure volatility position on Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF without committing to a direction. Calvert US Large-Cap Diversity, Equity and Inclusion Index 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 CDEI straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CDEI 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 Calvert US Large-Cap Diversity, Equity and Inclusion Index 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 CDEI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment. The fund is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CDEI straddle is the cleanest expression of that view. Our scanner prices every CDEI 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 CDEI straddle into a catalyst or short a CDEI straddle to harvest decay, the options straddle setups that matter are all in one place.
