Trading a EMTY straddle lets you take a pure volatility position on ProShares Decline of the Retail Store ETF -1x Shares without committing to a direction. ProShares Decline of the Retail Store ETF -1x Shares'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 EMTY straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on EMTY 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 ProShares Decline of the Retail Store ETF -1x Shares 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 EMTY straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
ProShares Decline of the Retail Store ETF seeks capital appreciation from the decline of bricks-and-mortar retailers through short exposure (-1x) to the Solactive-ProShares Bricks and Mortar Retail Store Index.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the EMTY straddle is the cleanest expression of that view. Our scanner prices every EMTY 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 EMTY straddle into a catalyst or short a EMTY straddle to harvest decay, the options straddle setups that matter are all in one place.
