Trading a FLJP straddle lets you take a pure volatility position on Franklin FTSE Japan ETF without committing to a direction. Franklin FTSE Japan 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 FLJP straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on FLJP 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 Franklin FTSE Japan 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 FLJP straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Japan RIC Capped Index (the FTSE Japan Capped Index).
Earnings, product cycles, macro prints — any time volatility itself is the trade, the FLJP straddle is the cleanest expression of that view. Our scanner prices every FLJP 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 FLJP straddle into a catalyst or short a FLJP straddle to harvest decay, the options straddle setups that matter are all in one place.
