Trading a FXC straddle lets you take a pure volatility position on Invesco CurrencyShares Canadian Dollar Trust without committing to a direction. Invesco CurrencyShares Canadian Dollar Trust'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 FXC straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on FXC 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 Invesco CurrencyShares Canadian Dollar Trust 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 FXC straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Invesco CurrencyShares Canadian Dollar Trust (the "trust") is designed to track the price of the Canadian dollar, and trades under the ticker symbol FXC. The Canadian dollar is the national currency of Canada and the currency of the accounts of the Bank of Canada, the Canadian Central Bank.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the FXC straddle is the cleanest expression of that view. Our scanner prices every FXC 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 FXC straddle into a catalyst or short a FXC straddle to harvest decay, the options straddle setups that matter are all in one place.
