Trading a CEPI straddle lets you take a pure volatility position on REX Crypto Equity Premium Income ETF without committing to a direction. REX Crypto Equity Premium Income 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 CEPI straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CEPI 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 REX Crypto Equity Premium Income 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 CEPI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
CEPI aims for exposure in US crypto-related companies, in sectors such as crypto mining, trading, custody, blockchain technology development, and the creation of digital payment solutions. Component securities are grouped into Crypto Assets Leaders and Digital Payments Leaders of this space, with a 80% and 20% allocation respectively. The fund holds 25 stock positions, while employing a covered call strategy, writing out-of-the-money options on individual securities to boost income from higher premiums, partially offsetting price declines and limiting upside potential. CEPI focuses on stock selection and option writing tailored to prevailing market conditions.
The strategy aims to cushion against market declines and manage price volatility, blending capital appreciation and current income.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CEPI straddle is the cleanest expression of that view. Our scanner prices every CEPI 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 CEPI straddle into a catalyst or short a CEPI straddle to harvest decay, the options straddle setups that matter are all in one place.
