WisdomTree Emerging Currency Strategy Fund (CEW) Straddle

Trading a CEW straddle lets you take a pure volatility position on WisdomTree Emerging Currency Strategy Fund without committing to a direction. WisdomTree Emerging Currency Strategy Fund'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 CEW straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on CEW 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 WisdomTree Emerging Currency Strategy Fund 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 CEW straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investments whose combined performance is tied economically to selected emerging market countries. It generally will maintain a weighted average portfolio maturity of 90 days or less with respect to the money market securities in its portfolio. The fund is non-diversified.

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