21Shares Ethereum Staking ETF (TETH) Straddle

Trading a TETH straddle lets you take a pure volatility position on 21Shares Ethereum Staking ETF without committing to a direction. 21Shares Ethereum Staking 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 TETH straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on TETH 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 21Shares Ethereum Staking 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 TETH straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

TETH aims to track the spot price of ether, less expenses and liabilities. It provides accessibility to ether without the complexities of acquiring, holding, and trading directly through an ether spot market. The trust is backed by ether held in cold storage, which is a safeguarding method wherein the private keys providing access to the trusts assets are generated and stored in an offline manner. However, a portion of the trusts assets may be held in hot trading wallets, from time to time. Holdings are valued daily based on the CME CF Ether-Dollar Reference Rate. This aggregates the trade flow of six ether exchanges, which serves as a once-a-day benchmark rate of ethers USD price, calculated as of 4:00 pm ET.

At the time of launch, the issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes. Before August 28, 2025, the fund traded under the ticker CETH, and the term core was removed from the fund name.

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