Fidelity Low Volatility Factor ETF (FDLO) Straddle

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

A long straddle on FDLO 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 Low Volatility Factor 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 FDLO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Focuses on securities, which generate similar returns as the broader market over time with less volatility.

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