State Street SPDR S&P China ETF (GXC) Straddle

Trading a GXC straddle lets you take a pure volatility position on State Street SPDR S&P China ETF without committing to a direction. State Street SPDR S&P China 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 GXC straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on GXC 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 State Street SPDR S&P China 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 GXC straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The State Street SPDR S&P China ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P China BMI IndexSeeks to provide exposure to the investable universe of publicly traded companies domiciled in China that are available to foreign investorsMay also include China A Shares available via the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect Facilities

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