Trading a IVOO straddle lets you take a pure volatility position on Vanguard S&P Mid-Cap 400 ETF without committing to a direction. Vanguard S&P Mid-Cap 400 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 IVOO straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on IVOO 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 Vanguard S&P Mid-Cap 400 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 IVOO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Invests in stocks in the S&P MidCap 400 Index, representing 400 medium-size U.S. companies.Focuses on closely tracking the index’s return, which is considered a gauge of overall U.S. mid-cap stock returns.Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds.More appropriate for long-term goals where your money’s growth is essential.On March 14, 2023, this ETF underwent a 2:1 share split, which decreased the price per share of the ETF with a proportionate increase in the number of shares outstanding. Historical share price data has not been adjusted for the split except where market data is being used, as indicated.
Although certain data may reflect both pre-and post-split prices, returns are not impacted.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the IVOO straddle is the cleanest expression of that view. Our scanner prices every IVOO 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 IVOO straddle into a catalyst or short a IVOO straddle to harvest decay, the options straddle setups that matter are all in one place.
