Trading a ROKT straddle lets you take a pure volatility position on State Street SPDR S&P Kensho Final Frontiers ETF without committing to a direction. State Street SPDR S&P Kensho Final Frontiers 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 ROKT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ROKT 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 State Street SPDR S&P Kensho Final Frontiers 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 ROKT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The State Street SPDR S&P Kensho Final Frontiers ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Final Frontiers Index (the "Index")Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the exploration of the final frontiers, which includes the areas of outer space and the deep seaMay provide an effective way to pursue long-term growth potential by investing in a portfolio of companies involved in the expansion of human understanding and presence in outer space and in the oceans
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ROKT straddle is the cleanest expression of that view. Our scanner prices every ROKT 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 ROKT straddle into a catalyst or short a ROKT straddle to harvest decay, the options straddle setups that matter are all in one place.
