Trading a QDTE straddle lets you take a pure volatility position on Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF without committing to a direction. Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy 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 QDTE straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on QDTE 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 Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy 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 QDTE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Roundhill Innovation-100 0DTE Covered Call Strategy ETF (“QDTE”) is the first ETF to utilize zero days to expiry (“0DTE”)*** options on an innovation index (the "Innovation-100 Index" as defined in the Fund Prospectus). QDTE seeks to provide overnight exposure to the Innovation-100 Index and generate income each morning by selling out-of-the-money 0DTE calls on the Index. QDTE is an actively-managed ETF.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the QDTE straddle is the cleanest expression of that view. Our scanner prices every QDTE 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 QDTE straddle into a catalyst or short a QDTE straddle to harvest decay, the options straddle setups that matter are all in one place.
