Trading a IZRL straddle lets you take a pure volatility position on ARK Israel Innovative Technology ETF without committing to a direction. ARK Israel Innovative Technology 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 IZRL straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on IZRL 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 ARK Israel Innovative Technology 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 IZRL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the IZRL straddle is the cleanest expression of that view. Our scanner prices every IZRL 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 IZRL straddle into a catalyst or short a IZRL straddle to harvest decay, the options straddle setups that matter are all in one place.
