Invesco Bloomberg Pricing Power ETF (POWA) Straddle

Trading a POWA straddle lets you take a pure volatility position on Invesco Bloomberg Pricing Power ETF without committing to a direction. Invesco Bloomberg Pricing Power 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 POWA straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on POWA 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 Bloomberg Pricing Power 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 POWA straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Invesco Bloomberg Pricing Power ETF (Fund) is based on the Bloomberg Pricing Power Index (Index). The Fund will invest at least 80% of its total assets in securities that comprise the Index. The Index is composed of U.S. large- and mid-capitalization companies that the Index Provider believes, are well-positioned to maintain stable profit margins in all market conditions while focusing on companies that have the smallest deviations among their annual gross profit margins over the last five years. The Fund and the Index are rebalanced quarterly.

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