Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) Straddle

Trading a EDC straddle lets you take a pure volatility position on Direxion Daily MSCI Emerging Markets Bull 3X ETF without committing to a direction. Direxion Daily MSCI Emerging Markets Bull 3X 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 EDC straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on EDC 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 Direxion Daily MSCI Emerging Markets Bull 3X 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 EDC straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Direxion Daily MSCI Emerging Markets Bull and Bear 3X ETFs seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the MSCI Emerging Markets IndexSM. There is no guarantee these funds will achieve their stated investment objectives.

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