VistaShares Target 15 Berkshire Select Income ETF (OMAH) Straddle

Trading a OMAH straddle lets you take a pure volatility position on VistaShares Target 15 Berkshire Select Income ETF without committing to a direction. VistaShares Target 15 Berkshire Select Income 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 OMAH straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on OMAH 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 VistaShares Target 15 Berkshire Select Income 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 OMAH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The fund’s strategy involves two components: (1) investing in a portfolio of equity securities based on the Solactive VistaShares Berkshire Select Index (the “Equity Strategy”); and (2) generating income through an options portfolio (the “Options Strategies”). The fund is non-diversified.

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