Trading a HELX straddle lets you take a pure volatility position on Franklin Genomic Advancements ETF without committing to a direction. Franklin Genomic Advancements 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 HELX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on HELX 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 Franklin Genomic Advancements 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 HELX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The fund seeks capital appreciation by investing in equity securities inside and outside of the United States, including developing or emerging markets. The fund invests in companies that are relevant to its investment theme of genomic advancements that the investment manager believes are substantially focused on/or are expected to substantially benefit from extending and enhancing the quality of human and other life (e.g., animals) by incorporating technological and scientific developments, improvements and advancements in the field of genomics into their business.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the HELX straddle is the cleanest expression of that view. Our scanner prices every HELX 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 HELX straddle into a catalyst or short a HELX straddle to harvest decay, the options straddle setups that matter are all in one place.
