Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) Straddle

Trading a SKRE straddle lets you take a pure volatility position on Tuttle Capital Daily 2X Inverse Regional Banks ETF without committing to a direction. Tuttle Capital Daily 2X Inverse Regional Banks 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 SKRE straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on SKRE 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 Tuttle Capital Daily 2X Inverse Regional Banks 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 SKRE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The fund, under normal circumstances, invests in swap agreements that provide 200% inverse (opposite) daily exposure to TSLA equal to at least 80% of the fund’s net assets (plus any borrowings for investment purposes ). The fund advisor seeks daily leveraged inverse investment results and the fund is very different from most other exchange-traded funds and presents different and greater risks. The fund is non-diversified.

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