Trading a RDTE straddle lets you take a pure volatility position on Roundhill Russell 2000 0DTE Covered Call Strategy ETF without committing to a direction. Roundhill Russell 2000 0DTE Covered Call 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 RDTE straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on RDTE 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 Russell 2000 0DTE Covered Call 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 RDTE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Roundhill Russell 2000 0DTE Covered Call Strategy ETF (“RDTE”) is the first ETF to utilize zero days to expiry (“0DTE”)*** options on the Russell 2000 Index . RDTE seeks to provide overnight exposure to the Russell 2000 and generate income each morning by selling out-of-the-money 0DTE calls on the Index. RDTE is an actively-managed ETF.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the RDTE straddle is the cleanest expression of that view. Our scanner prices every RDTE 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 RDTE straddle into a catalyst or short a RDTE straddle to harvest decay, the options straddle setups that matter are all in one place.
