Franklin International Core Dividend Tilt Index ETF (DIVI) Straddle

Trading a DIVI straddle lets you take a pure volatility position on Franklin International Core Dividend Tilt Index ETF without committing to a direction. Franklin International Core Dividend Tilt Index 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 DIVI straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on DIVI 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 Franklin International Core Dividend Tilt Index 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 DIVI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Developed Markets ex-North America Dividend Enhanced Select IndexSM (Underlying Index).

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