Trading a HGER straddle lets you take a pure volatility position on Harbor Commodity All-Weather Strategy ETF without committing to a direction. Harbor Commodity All-Weather Strategy 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 HGER straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on HGER 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 Harbor Commodity All-Weather Strategy 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 HGER straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
HGER attempts to diversify efficiently across commodities to target the most sensitive to US-CPI. Selection begins with the 24 most liquid commodity futures, scored for economic significance and quality, considering open interest, holding and trading costs, and inflation sensitivity. The index holds at least 15 commodity futures with weights ranging 2-20%, except gold which can have up to 40% weight. A proprietary scarcity debasement indicator determines the type of inflationary environment, to which the allocation to gold is adjusted accordingly. The index is reconstituted and rebalanced quarterly.
Index calculation is based on total return, which includes the futures returns plus returns from managing the funds cash collateral. The fund invests using excess return swaps through a wholly owned Cayman Islands subsidiary, avoiding K-1 tax forms. Before March 6, 2023, the fund traded as the Harbor All-Weather Inflation Focus ETF and tracked the Harbor Inflation Index.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the HGER straddle is the cleanest expression of that view. Our scanner prices every HGER 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 HGER straddle into a catalyst or short a HGER straddle to harvest decay, the options straddle setups that matter are all in one place.
