Roundhill Generative AI & Technology ETF (CHAT) Straddle

Trading a CHAT straddle lets you take a pure volatility position on Roundhill Generative AI & Technology ETF without committing to a direction. Roundhill Generative AI & Technology 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 CHAT straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on CHAT 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 Roundhill Generative AI & Technology 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 CHAT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Roundhill believes that generative artificial intelligence will be one of the most impactful technological innovations of the coming decades, driving productivity growth across the global economy. The Roundhill Generative AI & Technology ETF (“CHAT”) is the world’s first Generative AI ETF. CHAT is an actively-managed ETF.

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