First Trust Small Cap Core AlphaDEX Fund
First Trust Small Cap Core AlphaDEX Fund (FYX) Straddle
FYX straddle scan found 55 qualifying long straddle setups on the previous trading day. Probability of profit reaches up to 43.0%.
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Trading a FYX straddle lets you take a pure volatility position on First Trust Small Cap Core AlphaDEX Fund without committing to a direction. First Trust Small Cap Core AlphaDEX Fund'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 FYX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on FYX 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 First Trust Small Cap Core AlphaDEX Fund 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 FYX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The First Trust Small Cap Core AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Nasdaq AlphaDEX Small Cap Core Index.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the FYX straddle is the cleanest expression of that view. Our scanner prices every FYX 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 FYX straddle into a catalyst or short a FYX straddle to harvest decay, the options straddle setups that matter are all in one place.
| Nov 20, 2026 | 140.00 | $7.05 | 42 | 12% | 43.0% | $147.05 | $132.95 | 0 |
| Nov 20, 2026 | 139.00 | $6.65 | 42 | 12% | 42.8% | $145.65 | $132.35 | 0 |
| Nov 20, 2026 | 138.00 | $6.45 | 42 | 12% | 42.0% | $144.45 | $131.55 | 0 |
| Nov 20, 2026 | 136.00 | $6.20 | 42 | 12% | 41.5% | $142.20 | $129.80 | 0 |
| Feb 19, 2027 | 126.00 | $14.45 | 133 | 12% | 41.4% | $140.45 | $111.55 | 0 |
| Nov 20, 2026 | 137.00 | $6.35 | 42 | 12% | 41.2% | $143.35 | $130.65 | 0 |
| Feb 19, 2027 | 127.00 | $13.95 | 133 | 12% | 40.8% | $140.95 | $113.05 | 0 |
| Feb 19, 2027 | 138.00 | $11.43 | 133 | 12% | 40.6% | $149.43 | $126.58 | 0 |
| Feb 19, 2027 | 128.00 | $13.45 | 133 | 12% | 40.4% | $141.45 | $114.55 | 0 |
| Nov 20, 2026 | 135.00 | $6.35 | 42 | 12% | 40.4% | $141.35 | $128.65 | 0 |
As of October 14, 2026
Find the right straddle before volatility moves
Track FYX straddle pricing across expirations, filter by IV rank and breakeven points, and build a setup that fits your view before the move happens.
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