Themes China Generative Artificial Intelligence ETF

DRGN— · USD
29.29USD0.00 (-0.49%)

Themes China Generative Artificial Intelligence ETF (DRGN) Straddle

DRGN straddle scan found 27 qualifying long straddle setups on the previous trading day. Probability of profit reaches up to 62.1%.

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Trading a DRGN straddle lets you take a pure volatility position on Themes China Generative Artificial Intelligence ETF without committing to a direction. Themes China Generative Artificial Intelligence 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 DRGN straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on DRGN 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 Themes China Generative Artificial Intelligence 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 DRGN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

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

Feb 19, 202730.00$4.28127—62.1%$34.28$25.730
May 21, 202733.00$6.95218—59.7%$39.95$26.050
May 21, 202730.00$6.05218—59.0%$36.05$23.950
Feb 19, 202731.00$4.95127—58.7%$35.95$26.050
May 21, 202734.00$7.58218—58.6%$41.58$26.430
May 21, 202731.00$6.55218—57.7%$37.55$24.450
Feb 19, 202728.00$4.50127—57.5%$32.50$23.500
May 21, 202735.00$8.33218—57.3%$43.33$26.680
May 21, 202732.00$7.03218—57.0%$39.03$24.980
Feb 19, 202729.00$4.75127—56.5%$33.75$24.250

As of October 15, 2026

Find the right straddle before volatility moves

Track DRGN straddle pricing across expirations, filter by IV rank and breakeven points, and build a setup that fits your view before the move happens.

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