State Street SPDR S&P International Dividend ETF (DWX) Straddle

Trading a DWX straddle lets you take a pure volatility position on State Street SPDR S&P International Dividend ETF without committing to a direction. State Street SPDR S&P International 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 DWX straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on DWX 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 State Street SPDR S&P International 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 DWX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The State Street SPDR S&P International Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&PInternational Dividend OpportunitiesIndexSeeks to provide exposure to the 100 highest yielding international common stocks that have passed certain investability and stability criteriaFor potential diversification, no single country or GICS sector weight can be greater than 25%, the maximum emerging markets exposure is 15%, and no stock weight can be greater than 3% in the Index

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