Direxion Auspice Broad Commodity Strategy ETF (COM) Straddle

Trading a COM straddle lets you take a pure volatility position on Direxion Auspice Broad Commodity Strategy ETF without committing to a direction. Direxion Auspice Broad Commodity Strategy 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 COM straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on COM 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 Direxion Auspice Broad Commodity Strategy 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 COM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Direxion Auspice Broad Commodity Strategy ETF seeks investment results, before fees and expenses, that track the Auspice Broad Commodity Index. There is no guarantee the fund will achieve its stated investment objective.

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