Trading a OPPE straddle lets you take a pure volatility position on WisdomTree European Opportunities Fund without committing to a direction. WisdomTree European Opportunities Fund'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 OPPE straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on OPPE 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 WisdomTree European Opportunities Fund 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 OPPE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a dividend weighted index designed to provide exposure to small cap equity securities within Europe, while at the same time neutralizing exposure to fluctuations between the value of the euro and the U.S. dollar. The fund is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the OPPE straddle is the cleanest expression of that view. Our scanner prices every OPPE 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 OPPE straddle into a catalyst or short a OPPE straddle to harvest decay, the options straddle setups that matter are all in one place.
