Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) Straddle

Trading a LVHD straddle lets you take a pure volatility position on Franklin U.S. Low Volatility High Dividend Index ETF without committing to a direction. Franklin U.S. Low Volatility High Dividend Index 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 LVHD straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on LVHD 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 Franklin U.S. Low Volatility High Dividend Index 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 LVHD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Seeks to track the investment results of an underlying index, Franklin Low Volatility High Dividend Index, which is composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

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