iShares Nasdaq-100 ex Top 30 ETF (QNXT) Straddle

Trading a QNXT straddle lets you take a pure volatility position on iShares Nasdaq-100 ex Top 30 ETF without committing to a direction. iShares Nasdaq-100 ex Top 30 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 QNXT straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on QNXT 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 iShares Nasdaq-100 ex Top 30 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 QNXT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The iShares Nasdaq-100 ex Top 30 ETF seeks to track the investment results of an index composed of the 31st -100th largest companies by market capitalization within the Nasdaq-100 Index.

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