Trading a COAL straddle lets you take a pure volatility position on Range Global Coal Index ETF without committing to a direction. Range Global Coal Index 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 COAL straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on COAL 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 Range Global Coal Index 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 COAL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The fund normally invests in securities comprising the index. The index is designed to track the performance of companies that are involved in the metallurgical (met) and thermal coal industry, which includes production, exploration, development, transportation, and distribution (“Coal Companies”). Under normal circumstances, the fund invests at least 80% of its net assets in securities of coal companies. The fund is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the COAL straddle is the cleanest expression of that view. Our scanner prices every COAL 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 COAL straddle into a catalyst or short a COAL straddle to harvest decay, the options straddle setups that matter are all in one place.
