Trading a LRNZ straddle lets you take a pure volatility position on TrueShares Technology, AI & Deep Learning ETF without committing to a direction. TrueShares Technology, AI & Deep Learning 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 LRNZ straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on LRNZ 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 TrueShares Technology, AI & Deep Learning 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 LRNZ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Under normal circumstances, at least 80% of its net assets (plus any borrowings made for investment purposes) in the common stock of technology, artificial intelligence and deep learning companies. It may also invest in small and medium capitalized companies, as the Adviser believes these relatively smaller companies may provide above average capital appreciation and dividend yield. The fund is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the LRNZ straddle is the cleanest expression of that view. Our scanner prices every LRNZ 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 LRNZ straddle into a catalyst or short a LRNZ straddle to harvest decay, the options straddle setups that matter are all in one place.
