Hoya Capital Housing ETF (HOMZ) Straddle

Trading a HOMZ straddle lets you take a pure volatility position on Hoya Capital Housing ETF without committing to a direction. Hoya Capital Housing 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 HOMZ straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on HOMZ 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 Hoya Capital Housing 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 HOMZ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The index is a rules-based index composed of 100 companies that collectively represent the performance of the U.S. residential housing industry. Normally at least 80% of the fund’s net assets will be invested in real estate and housing-related companies. It will generally use a “replication” strategy to achieve its investment objective, meaning it generally will invest in all of the component securities of the index in approximately the same proportion as in the index.

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