Trading a OMFL straddle lets you take a pure volatility position on Invesco Russell 1000 Dynamic Multifactor ETF without committing to a direction. Invesco Russell 1000 Dynamic Multifactor 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 OMFL straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on OMFL 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 Invesco Russell 1000 Dynamic Multifactor 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 OMFL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Invesco Russell 1000 Dynamic Multifactor ETF (Fund) is based on the Russell 1000 Invesco Dynamic Multifactor Index (Index). The Fund will invest at least 80% of its total assets in the securities that comprise the Index. The Index is constructed using a rules-based approach that re-weights large-cap securities of the Russell 1000 Index according to economic cycles and market conditions, reflected by expansion, slowdown, contraction or recovery. The securities are assigned a multi-factor score from one of five investment styles: value, momentum, quality, low volatility and size. The Fund and Index are reconstituted and rebalanced based on economic indicator signal changes, as frequently as monthly.For Illustrative Purposes Only and does not constitute a recommendation of the suitability of any investment strategy for a particular investor.
Factor investing is an investment strategy in which securities are chosen based on certain characteristics and attributes that may explain differences in returns. Factor investing may underperform cap-weighted benchmarks and increase portfolio risk.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the OMFL straddle is the cleanest expression of that view. Our scanner prices every OMFL 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 OMFL straddle into a catalyst or short a OMFL straddle to harvest decay, the options straddle setups that matter are all in one place.
