Amplify CPW Enhanced Dividend Income ETF (DIVO) Straddle

Trading a DIVO straddle lets you take a pure volatility position on Amplify CPW Enhanced Dividend Income ETF without committing to a direction. Amplify CPW Enhanced Dividend 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 DIVO straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on DIVO 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 Amplify CPW Enhanced Dividend 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 DIVO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

DIVO is an ETF of high-quality large cap companies with a history of dividend and earnings growth, along with a tactical covered call* strategy on individual stocks. DIVO is strategically designed to offer high levels of total return on a risk-adjusted basis.

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