AdvisorShares Active Bear ETF (HDGE) Straddle

Trading a HDGE straddle lets you take a pure volatility position on AdvisorShares Active Bear ETF without committing to a direction. AdvisorShares Active Bear 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 HDGE straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on HDGE 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 AdvisorShares Active Bear 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 HDGE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs, ETNs and other exchange-traded products. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in short positions in equity securities. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process.

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