Trading a RGTZ straddle lets you take a pure volatility position on Defiance Daily Target 2x Short RGTI ETF without committing to a direction. Defiance Daily Target 2x Short RGTI 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 RGTZ straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on RGTZ 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 Defiance Daily Target 2x Short RGTI 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 RGTZ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Rigetti Computing, Inc. (Nasdaq: RGTI) The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the RGTZ straddle is the cleanest expression of that view. Our scanner prices every RGTZ 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 RGTZ straddle into a catalyst or short a RGTZ straddle to harvest decay, the options straddle setups that matter are all in one place.
