Astoria US Equal Weight Quality Kings ETF (ROE) Straddle

Trading a ROE straddle lets you take a pure volatility position on Astoria US Equal Weight Quality Kings ETF without committing to a direction. Astoria US Equal Weight Quality Kings 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 ROE straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on ROE 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 Astoria US Equal Weight Quality Kings 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 ROE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

ROE holds a portfolio of US, large- and mid-cap stocks believed to have the highest quality, valuation, dividend potential, and growth metrics across sectors. The fund aims for an equally weighted and sector-optimized portfolio. The sub-adviser's proprietary quantitative screen evaluates securities while attempting a sector-optimized selection by using metrics that vary in quality and robustness. Factors such as ROE, ROI, P/E ratio, dividend yield, projected growth estimates, and earnings momentum are considered but only metrics that best define a sector are utilized. The top 50-100 stocks based on their weighted average rank on each factor are selected.

The sub-adviser monitors investments through its quantitative and systematic approach to best position the fund for changing economic trends valuations or earnings. As an actively managed fund, positions may change depending on the sub-adviser's assessment and discretion. On Apr. 22, 2024, the fund appended Equal Weight to its name.

Earnings, product cycles, macro prints — any time volatility itself is the trade, the ROE straddle is the cleanest expression of that view. Our scanner prices every ROE 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 ROE straddle into a catalyst or short a ROE straddle to harvest decay, the options straddle setups that matter are all in one place.