Trading a NZAC straddle lets you take a pure volatility position on State Street SPDR MSCI ACWI Climate Paris Aligned ETF without committing to a direction. State Street SPDR MSCI ACWI Climate Paris Aligned 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 NZAC straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on NZAC 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 State Street SPDR MSCI ACWI Climate Paris Aligned 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 NZAC straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The State Street SPDR MSCI ACWI Climate Paris Aligned ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI ACWI Climate Paris Aligned Index (the "Index")Seeks to track an index designed to reduce exposure to the physical and transition risks of climate change and increase target exposure to sustainable investment opportunities by incorporating the recommendations of the Taskforce on Climate Related Financial Disclosures (TCFD) and minimum requirements of the EU Paris Aligned BenchmarkMay be considered by investors seeking to implement net-zero strategies and address climate change in a holistic wayThe Index includes large and mid-cap stocks across developed and emerging market countries
Earnings, product cycles, macro prints — any time volatility itself is the trade, the NZAC straddle is the cleanest expression of that view. Our scanner prices every NZAC 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 NZAC straddle into a catalyst or short a NZAC straddle to harvest decay, the options straddle setups that matter are all in one place.
