State Street SPDR MSCI ACWI ex-US ETF (CWI) Straddle

Trading a CWI straddle lets you take a pure volatility position on State Street SPDR MSCI ACWI ex-US ETF without committing to a direction. State Street SPDR MSCI ACWI ex-US 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 CWI straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on CWI 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 State Street SPDR MSCI ACWI ex-US 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 CWI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The State Street SPDR MSCI ACWI ex-US ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI ACWI ex USA Index (the "Index")Seeks to provide access to virtually all developed and emerging market countries outside of the USThe Index provides a broad measure of stock performance covering approximately 85% of the global equity opportunity set outside the USSeeks to provide large and mid cap security exposure using a market-cap weighted index methodology

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