KraneShares 2x Long PDD Daily ETF (KPDD) Straddle

Trading a KPDD straddle lets you take a pure volatility position on KraneShares 2x Long PDD Daily ETF without committing to a direction. KraneShares 2x Long PDD Daily 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 KPDD straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on KPDD 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 KraneShares 2x Long PDD Daily 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 KPDD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The KraneShares 2x Long PDD Daily ETF seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the U.S. listing or American Depositary Receipt (ADR) of PDD Holdings Inc. (NASDAQ: PDD).

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