VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) Straddle

Trading a CFO straddle lets you take a pure volatility position on VictoryShares US 500 Enhanced Volatility Wtd ETF without committing to a direction. VictoryShares US 500 Enhanced Volatility Wtd 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 CFO straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on CFO 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 VictoryShares US 500 Enhanced Volatility Wtd 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 CFO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The VictoryShares US 500 Enhanced Volatility Wtd ETF seeks to provide investment results that track the performance of the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index (the Long/Cash Index) before fees and expenses. Volatility Weighting Methodology Combines fundamental criteria and volatility weighting in an effort to outperform traditional cap-weighted indexing strategies. About the Index The Long/Cash Index tactically reduces its exposure to the equity markets during periods of significant market declines and reinvests when market prices have further declined or rebounded.

The Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index is based on the month-end price of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index (the “Reference Index”). The exit and reinvestment methodology of the Long/Cash Index is based on the month-end value of the Reference Index relative to its All-Time Highest Daily Closing Value (“AHDCV”). AHDCV is the highest daily closing price the Reference Index has achieved since its inception date.

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