Trading a IQM straddle lets you take a pure volatility position on Franklin Intelligent Machines ETF without committing to a direction. Franklin Intelligent Machines 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 IQM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on IQM 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 Franklin Intelligent Machines 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 IQM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The fund seeks capital appreciation by investing in equity securities inside and outside of the United States, including developing or emerging markets. The fund invests in companies that are relevant to its investment theme of intelligent machines that the investment manager believes are substantially focused on/or are expected to substantially benefit from the ongoing technology-driven transformation of products, software, systems and machinery as well as product design, manufacture, logistics, distribution and maintenance, including through developments in artificial intelligence.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the IQM straddle is the cleanest expression of that view. Our scanner prices every IQM 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 IQM straddle into a catalyst or short a IQM straddle to harvest decay, the options straddle setups that matter are all in one place.
