Trading a RDWU straddle lets you take a pure volatility position on T-REX 2X Long RDW Daily Target ETF without committing to a direction. T-REX 2X Long RDW Daily Target 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 RDWU straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on RDWU 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 T-REX 2X Long RDW Daily Target 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 RDWU straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
RDWU uses swap agreements and listed call options to make bullish bets on the share price of Redwire Corporation (NYSE: RDW). The fund may also invest directly in the RDW. Redwire Corporation provides critical space solutions and space infrastructure for the next-generation space economy. It serves government and commercial customers worldwide. It holds IP in solar power generation and in-space 3D printing and manufacturing. It helps its customers address the challenges of future space missions. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in RDW price through daily rebalancing.
Returns may deviate from the expected 200% if held for longer than a single day due to factors such as volatility and compounding. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the RDWU straddle is the cleanest expression of that view. Our scanner prices every RDWU 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 RDWU straddle into a catalyst or short a RDWU straddle to harvest decay, the options straddle setups that matter are all in one place.
