Trading a MSOS straddle lets you take a pure volatility position on AdvisorShares Pure US Cannabis ETF without committing to a direction. AdvisorShares Pure US Cannabis 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 MSOS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on MSOS 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 AdvisorShares Pure US Cannabis 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 MSOS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The First U.S.-Listed ETF Available – MSOS is the first actively managed U.S.-listed ETF with dedicated cannabis exposure focusing exclusively on U.S. companies, including multi-state operators. The portfolio manager allocates across an investable universe of U.S. companies spanning a variety of cannabis-related businesses. Easy Access to U.S. Cannabis Exposure – MSOS trades on the NYSE Arca exchange, offering exposure to multiple cannabis securities in a convenient, single trade. To buy U.S. cannabis companies on your own, investors will need to seek these stocks out in smaller, foreign exchanges.
Experience – MSOS’ portfolio manager has deep experience in the capital markets and well-established expertise investing in highly-regulated areas in the equity markets, including cannabis. MSOS assets are held by one of the largest U.S. custodial banks, BNY Mellon.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the MSOS straddle is the cleanest expression of that view. Our scanner prices every MSOS 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 MSOS straddle into a catalyst or short a MSOS straddle to harvest decay, the options straddle setups that matter are all in one place.
