Amplify BlackSwan Growth & Treasury Core ETF (SWAN) Straddle

Trading a SWAN straddle lets you take a pure volatility position on Amplify BlackSwan Growth & Treasury Core ETF without committing to a direction. Amplify BlackSwan Growth & Treasury Core 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 SWAN straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on SWAN 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 Amplify BlackSwan Growth & Treasury Core 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 SWAN straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The BlackSwan ETF seeks investment results that correspond to the S-Network BlackSwan Core Index (the Index). The Index’s investment strategy seeks uncapped exposure to the S&P 500, while buffering against the possibility of significant losses. Approximately 90% of the ETF will be invested in U.S. Treasury securities, while approximately 10% will be invested in SPY Options in the form of in-the-money calls.

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