Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) Expected Move

Tracking the MAGX expected move helps you see how far Roundhill Daily 2X Long Magnificent Seven ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Roundhill Daily 2X Long Magnificent Seven ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the MAGX expected move for this week's options, in real time.

The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For MAGX, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The MAGX expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Roundhill Daily 2X Long Magnificent Seven ETF is unlikely to go.

The Roundhill Daily 2X Long Magnificent Seven ETF (the “Fund”) seeks daily leveraged investment results, before fees and expenses, that correspond to two times (2X) the performance of the Roundhill Magnificent Seven ETF (the “Magnificent Seven ETF”). The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund’s objective is to magnify the daily performance of the Magnificent Seven ETF. The Fund has a daily leveraged investment objective and the Fund’s performance for periods greater than a trading day will be the result of each day’s returns compounded over the period, which is very likely to differ from two times (2X) the Magnificent Seven ETF’s performance, before fees and expenses.

Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the MAGX expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Roundhill Daily 2X Long Magnificent Seven ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about MAGX.