Trading a REGL straddle lets you take a pure volatility position on ProShares S&P MidCap 400 Div Aristocrats ETF without committing to a direction. ProShares S&P MidCap 400 Div Aristocrats 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 REGL straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on REGL 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 ProShares S&P MidCap 400 Div Aristocrats 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 REGL straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index. The index contains a minimum of 40 stocks which are equally weighted. No single sector is allowed to comprise more than 30% of the index weight.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the REGL straddle is the cleanest expression of that view. Our scanner prices every REGL 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 REGL straddle into a catalyst or short a REGL straddle to harvest decay, the options straddle setups that matter are all in one place.
