Invesco Dow Jones Industrial Average Dividend ETF (DJD) Straddle

Trading a DJD straddle lets you take a pure volatility position on Invesco Dow Jones Industrial Average Dividend ETF without committing to a direction. Invesco Dow Jones Industrial Average Dividend 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 DJD straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on DJD 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 Dow Jones Industrial Average Dividend 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 DJD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Invesco Dow Jones Industrial Average Dividend ETF (Fund) is based on the Dow Jones Industrial Average Yield Weighted (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to dividend-paying equity securities in the Dow Jones Industrial Average by their 12-month dividend yield over the prior 12 months. Only securities with consistent dividend payments over the previous 12 months are included in the Index. The Fund and the Index are rebalanced semiannually.

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