THOR Equal Weight Low Volatility ETF (THLV) Straddle

Trading a THLV straddle lets you take a pure volatility position on THOR Equal Weight Low Volatility ETF without committing to a direction. THOR Equal Weight Low Volatility 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 THLV straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on THLV 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 THOR Equal Weight Low Volatility 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 THLV straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities included in the index. The rules-based index is comprised of U.S. equity exchange traded funds (“ETFs”). The primary goal of the index is to gain exposure to U.S. large cap equities while attempting to lower volatility by avoiding sectors that are currently in a down trending cycle.

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