Trading a TDV straddle lets you take a pure volatility position on ProShares S&P Technology Dividend Aristocrats ETF without committing to a direction. ProShares S&P Technology Dividend Aristocrats 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 TDV straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TDV 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 ProShares S&P Technology Dividend Aristocrats 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 TDV straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The index, constructed and maintained by S&P Dow Jones Indices LLC, targets companies from the U.S. technology sector and select U.S. technology-related companies from the communication services and consumer discretionary sectors. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index. It is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TDV straddle is the cleanest expression of that view. Our scanner prices every TDV 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 TDV straddle into a catalyst or short a TDV straddle to harvest decay, the options straddle setups that matter are all in one place.
