American Beacon Ionic Inflation Protection ETF (CPII) Straddle

Trading a CPII straddle lets you take a pure volatility position on American Beacon Ionic Inflation Protection ETF without committing to a direction. American Beacon Ionic Inflation Protection 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 CPII straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on CPII 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 American Beacon Ionic Inflation Protection 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 CPII straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in: inflation swaps; options on U.S. interest rates (“swaptions”); and U.S. Treasury Securities, including U.S. Treasury Inflation-Protected Securities (“TIPS”). Under normal market conditions, the fund will invest up to 30% of its net assets in inflation swaps and swaptions to seek to achieve the fund’s investment objective. It is non-diversified.

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