ProShares Smart Materials ETF (TINT) Straddle

Trading a TINT straddle lets you take a pure volatility position on ProShares Smart Materials ETF without committing to a direction. ProShares Smart Materials 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 TINT straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on TINT 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 Smart Materials 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 TINT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The index selects companies focused on making or applying industrial innovations which allow for improved products, processes, or techniques through advanced, responsive, or intelligent materials. The fund adviser seeks to remain fully invested at all times in securities and/or financial instruments that, in combination, provide exposure to the returns of the index without regard to market conditions, trends or direction. The fund is non-diversified.

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