Trading a SARK straddle lets you take a pure volatility position on Tradr 1X Short Innovation Daily ETF without committing to a direction. Tradr 1X Short Innovation Daily 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 SARK straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on SARK 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 Tradr 1X Short Innovation Daily 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 SARK straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The fund is an actively managed exchange traded fund that attempts to achieve the inverse (-1x) of the return of the ETF for a single day, not for any other period, by entering into a swap agreement on the ETF. The ARK Innovation ETF is an actively managed ETF that seeks long-term growth of capital by investing primarily in domestic and foreign equity securities of companies that are relevant to the fund’s investment theme of disruptive innovation. It is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the SARK straddle is the cleanest expression of that view. Our scanner prices every SARK 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 SARK straddle into a catalyst or short a SARK straddle to harvest decay, the options straddle setups that matter are all in one place.
