Swan Hedged Equity US Large Cap ETF (HEGD) Straddle

Trading a HEGD straddle lets you take a pure volatility position on Swan Hedged Equity US Large Cap ETF without committing to a direction. Swan Hedged Equity US Large Cap 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 HEGD straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on HEGD 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 Swan Hedged Equity US Large Cap 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 HEGD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The fund is an actively-managed ETF that pursues its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) directly and indirectly through one or more other investment companies, including ETFs, in equity securities of large capitalization U.S. companies. It may buy and sell put and call options. The fund is non-diversified.

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