Trading a ROBT straddle lets you take a pure volatility position on First Trust Nasdaq Artificial Intelligence and Robotics ETF without committing to a direction. First Trust Nasdaq Artificial Intelligence and Robotics 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 ROBT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ROBT 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 Nasdaq Artificial Intelligence and Robotics 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 ROBT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The First Trust Nasdaq Artificial Intelligence and Robotics ETF (the "Fund"), seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Nasdaq CTA Artificial Intelligence and Robotics Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts that comprise the Index. The Index is designed to track the performance of companies engaged in the artificial intelligence ("AI") and robotics segments of the technology, industrial and other economic sectors.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ROBT straddle is the cleanest expression of that view. Our scanner prices every ROBT 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 ROBT straddle into a catalyst or short a ROBT straddle to harvest decay, the options straddle setups that matter are all in one place.
