Invesco S&P Emerging Markets Low Volatility ETF (EELV) Straddle

Trading a EELV straddle lets you take a pure volatility position on Invesco S&P Emerging Markets Low Volatility ETF without committing to a direction. Invesco S&P Emerging Markets Low Volatility 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 EELV straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on EELV 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 S&P Emerging Markets Low Volatility 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 EELV straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Invesco S&P Emerging Markets Low Volatility ETF (Fund) is based on the S&P BMI Emerging Markets Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 200 least volatile stocks (over the trailing 12 months) of the S&P Emerging Plus LargeMidCap Index. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time.

The Fund and the Index are rebalanced and reconstituted quarterly.

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