Dimensional International Small Cap ETF (DFIS) Straddle

Trading a DFIS straddle lets you take a pure volatility position on Dimensional International Small Cap ETF without committing to a direction. Dimensional International Small Cap 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 DFIS straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on DFIS 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 Dimensional International Small Cap 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 DFIS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Portfolio, using a market capitalization weighted approach, is designed to purchase securities of small, non-U.S. companies in countries with developed markets. The Portfolio may emphasize certain stocks, including smaller capitalization companies, lower relative price stocks, and/or higher profitability stocks as compared to their representation in the small-cap segment of developed non-U.S. markets.

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