Simplify Enhanced Income ETF (HIGH) Straddle

Trading a HIGH straddle lets you take a pure volatility position on Simplify Enhanced Income ETF without committing to a direction. Simplify Enhanced Income 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 HIGH straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on HIGH 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 Simplify Enhanced Income 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 HIGH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Simplify Enhanced Income ETF (HIGH) seeks to provide monthly income by selling short-dated put and/or call spreads on a variety of equity and fixed income instruments, which may include indices, ETFs or individual securities. The fund is intended to be an alternative high yield solution, as it seeks to provide significant supplemental income to T-bills with low correlation to traditional credit and duration exposure. A sophisticated option-writing algorithm seeks to sell spreads that generate attractive risk-adjusted returns, while an additional layer of risk management helps manage tail risk associated with selling options.

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