Fidelity International High Dividend ETF (FIDI) Straddle

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

A long straddle on FIDI 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 International High Dividend 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 FIDI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Aims to generate higher relative dividend yield through non-US securities with sector tilts, subject to constraints, which have historically delivered higher yield.

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