Trading a EWX straddle lets you take a pure volatility position on State Street SPDR S&P Emerging Markets Small Cap ETF without committing to a direction. State Street SPDR S&P Emerging Markets Small Cap 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 EWX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on EWX 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 Emerging Markets Small Cap 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 EWX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The State Street SPDR S&P Emerging Markets Small Cap ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging Under USD2 Billion Index (the "Index")Seeks to provide exposure to the small capitalization segment of emerging countries included in the S&P Global Broad Market IndexThe selection universe includes emerging country equites within the S&P Global BMI with market capitalizations between $100 million and $2 billion at the time of inclusion
Earnings, product cycles, macro prints — any time volatility itself is the trade, the EWX straddle is the cleanest expression of that view. Our scanner prices every EWX 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 EWX straddle into a catalyst or short a EWX straddle to harvest decay, the options straddle setups that matter are all in one place.
