Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) Straddle

Trading a FLQM straddle lets you take a pure volatility position on Franklin U.S. Mid Cap Multifactor Index ETF without committing to a direction. Franklin U.S. Mid Cap Multifactor Index 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 FLQM straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on FLQM 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 U.S. Mid Cap Multifactor Index 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 FLQM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its corresponding underlying index, LibertyQ U.S. Mid Cap Equity Index.

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