Fidelity Disruptive Automation ETF (FBOT) Straddle

Trading a FBOT straddle lets you take a pure volatility position on Fidelity Disruptive Automation ETF without committing to a direction. Fidelity Disruptive Automation 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 FBOT straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on FBOT 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 Fidelity Disruptive Automation 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 FBOT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Invests in companies leading the way in automation, from industrial robotics to artificial intelligence and autonomous driving.

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