Direxion Daily MSFT Bear 1X ETF (MSFD) Straddle

Trading a MSFD straddle lets you take a pure volatility position on Direxion Daily MSFT Bear 1X ETF without committing to a direction. Direxion Daily MSFT Bear 1X 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 MSFD straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on MSFD 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 Direxion Daily MSFT Bear 1X 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 MSFD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Direxion Daily MSFT Bull 2X ETF and Direxion Daily MSFT Bear 1X ETF seek daily investment results, before fees and expenses, of 200% and 100% of the inverse (or opposite), respectively, of the performance of the common shares of Microsoft Corporation (NASDAQ: MSFT).

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