Invesco Zacks Multi-Asset Income ETF (CVY) Straddle

Trading a CVY straddle lets you take a pure volatility position on Invesco Zacks Multi-Asset Income ETF without committing to a direction. Invesco Zacks Multi-Asset Income 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 CVY straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on CVY 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 Zacks Multi-Asset Income 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 CVY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Invesco Zacks Multi-Asset Income ETF (Fund) is based on the Zacks Multi-Asset Income Index (Index). The Fund will invest at least 90% of its total assets in securities and depositary receipts that comprise the Index. The Index is comprised of domestic and international companies, including US listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts (REITs), master limited partnerships (MLPs), closed-end funds and traditional preferred stocks. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced quarterly.

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