iShares Self-Driving EV and Tech ETF (IDRV) Straddle

Trading a IDRV straddle lets you take a pure volatility position on iShares Self-Driving EV and Tech ETF without committing to a direction. iShares Self-Driving EV and Tech 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 IDRV straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on IDRV 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 iShares Self-Driving EV and Tech 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 IDRV straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The iShares Self-Driving EV and Tech ETF seeks to track the investment results of an index composed of developed and emerging market companies that may benefit from growth and innovation in and around electric vehicles, battery technologies and autonomous driving technologies.

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