Trading a CQQQ straddle lets you take a pure volatility position on Invesco China Technology ETF without committing to a direction. Invesco China 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 CQQQ straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on CQQQ 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 Invesco China 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 CQQQ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Invesco China Technology ETF (Fund) is based on the FTSE China Incl A 25% Technology Capped Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index as well as American depositary receipts and global depositary receipts based on the securities in the Index. The Index includes constituents of the FTSE China Index and FTSE China A Stock Connect Index that are classified as information technology securities, including China A-shares and China B-shares. The Fund and the Index are rebalanced quarterly.Effective at market open on January 5, 2024, Invesco's management fees for Invesco China Technology ETF (Ticker: CQQQ) will be reduced from 70 basis points to 65 basis points.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the CQQQ straddle is the cleanest expression of that view. Our scanner prices every CQQQ 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 CQQQ straddle into a catalyst or short a CQQQ straddle to harvest decay, the options straddle setups that matter are all in one place.
