Trading a TSLQ straddle lets you take a pure volatility position on Tradr 2X Short TSLA Daily ETF without committing to a direction. Tradr 2X Short TSLA Daily 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 TSLQ straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on TSLQ 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 Tradr 2X Short TSLA Daily 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 TSLQ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Under normal market circumstances, the adviser will maintain at least 80% exposure to financial instruments that provide inverse exposure to the daily performance of TSLA. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve on a daily basis, before fees and expenses, -100% performance of TSLA for a single day, not for any other period, by entering into one or more swap agreements on TSLA. The fund is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the TSLQ straddle is the cleanest expression of that view. Our scanner prices every TSLQ 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 TSLQ straddle into a catalyst or short a TSLQ straddle to harvest decay, the options straddle setups that matter are all in one place.
