AXS Green Alpha ETF (NXTE) Straddle

Trading a NXTE straddle lets you take a pure volatility position on AXS Green Alpha ETF without committing to a direction. AXS Green Alpha 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 NXTE straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on NXTE 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 AXS Green Alpha 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 NXTE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in sustainable companies. The fund may invest in companies of all sizes and across economic sectors and geography. Although the advisor will attempt to invest as much of its assets as is practical in common stocks and ADRs, the advisor may maintain a reasonable (up to 20%) position in U.S. Treasury Bills and money market instruments to meet liquidity needs.

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