FT Vest Gold Strategy Target Income ETF (IGLD) Straddle

Trading a IGLD straddle lets you take a pure volatility position on FT Vest Gold Strategy Target Income ETF without committing to a direction. FT Vest Gold Strategy Target 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 IGLD straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on IGLD 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 FT Vest Gold Strategy Target 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 IGLD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The investment objective of the FT Vest Gold Strategy Target Income ETF (the "Fund") is to seek to deliver participation in the price returns of the SPDR Gold Trust (the "Underlying ETF") while providing a consistent level of income. The Fund will invest substantially all of its assets in U.S. Treasury securities and in the shares of a wholly-owned subsidiary that holds exchange-traded options, including FLexible Exchange Options ("FLEX Options"), that reference the performance of the Underlying ETF.

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