Trading a PSCI straddle lets you take a pure volatility position on Invesco S&P SmallCap Industrials ETF without committing to a direction. Invesco S&P SmallCap Industrials 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 PSCI straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on PSCI 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 S&P SmallCap Industrials 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 PSCI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Invesco S&P SmallCap Industrials ETF (Fund) is based on the S&P SmallCap 600 Capped Industrials Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to measure the overall performance of the securities of US industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing.The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market.
The Fund and the Index are rebalanced and reconstituted quarterly.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the PSCI straddle is the cleanest expression of that view. Our scanner prices every PSCI 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 PSCI straddle into a catalyst or short a PSCI straddle to harvest decay, the options straddle setups that matter are all in one place.
