Pacer BlueStar Digital Entertainment ETF (ODDS) Straddle

Trading a ODDS straddle lets you take a pure volatility position on Pacer BlueStar Digital Entertainment ETF without committing to a direction. Pacer BlueStar Digital Entertainment 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 ODDS straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on ODDS 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 Pacer BlueStar Digital Entertainment 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 ODDS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

A rules-based exchange traded fund (ETF) that aims to offer investors exposure to globally listed companies and depositary receipts that generate the majority of their revenue from online gambling, video game development or eSports.

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