Trading a RBLD straddle lets you take a pure volatility position on First Trust Alerian U.S. NextGen Infrastructure ETF without committing to a direction. First Trust Alerian U.S. NextGen Infrastructure 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 RBLD straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on RBLD 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 First Trust Alerian U.S. NextGen Infrastructure 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 RBLD straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The First Trust Alerian U.S. NextGen Infrastructure ETF (the "Fund"), formerly First Trust Global Engineering and Construction ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Alerian U.S. NextGen Infrastructure Index (the "Index"). The Fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the common stocks and real estate investment trusts ("REITs") that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index.
The Index is owned and is developed, maintained and sponsored by VettaFi LLC ("VettaFi" or the "Index Provider"). The Index Provider retains the right at any time, upon prior written notice, to modify the Index methodology.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the RBLD straddle is the cleanest expression of that view. Our scanner prices every RBLD 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 RBLD straddle into a catalyst or short a RBLD straddle to harvest decay, the options straddle setups that matter are all in one place.
