JPMorgan Ultra-Short Income ETF (JPST) Straddle

Trading a JPST straddle lets you take a pure volatility position on JPMorgan Ultra-Short Income ETF without committing to a direction. JPMorgan Ultra-Short 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 JPST straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on JPST 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 JPMorgan Ultra-Short 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 JPST straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt. "Assets" means net assets, plus the amount of borrowings for investment purposes. As part of its principal investment strategy, it may invest in corporate securities, asset-backed securities, mortgage-backed and mortgage-related securities, and high quality money market instruments such as commercial paper and certificates of deposit.

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