Trading a CNBS straddle lets you take a pure volatility position on Amplify Seymour Cannabis ETF without committing to a direction. Amplify Seymour Cannabis 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 CNBS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CNBS 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 Amplify Seymour Cannabis 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 CNBS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
CNBS is an actively managed ETF that provides diversified U.S. exposure across the cannabis ecosystem including cannabis: plants, support, and ancillary businesses. CNBS seeks to provide capital appreciation.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CNBS straddle is the cleanest expression of that view. Our scanner prices every CNBS 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 CNBS straddle into a catalyst or short a CNBS straddle to harvest decay, the options straddle setups that matter are all in one place.
