Trading a ORBX straddle lets you take a pure volatility position on Global X Space Tech ETF without committing to a direction. Global X Space Tech 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 ORBX straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ORBX 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 Global X Space Tech 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 ORBX straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
This ETF, the Global X Space Tech fund, commits at least 80% of its total investable capital (including any funds borrowed for investment) to the securities of its benchmark index. These holdings can include standard common stocks, as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The underlying index is a proprietary creation of Global X Management Company LLC, which not only serves as the fund's index provider but also acts as its investment adviser and an affiliated entity. It is important to note that this fund maintains a non-diversified investment approach.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ORBX straddle is the cleanest expression of that view. Our scanner prices every ORBX 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 ORBX straddle into a catalyst or short a ORBX straddle to harvest decay, the options straddle setups that matter are all in one place.
