Simplify Short Term Treasury Futures Strategy ETF (TUA) Straddle

Trading a TUA straddle lets you take a pure volatility position on Simplify Short Term Treasury Futures Strategy ETF without committing to a direction. Simplify Short Term Treasury Futures Strategy 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 TUA straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on TUA 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 Simplify Short Term Treasury Futures Strategy 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 TUA straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The Simplify Short Term Treasury Futures Strategy ETF (TUA) seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 7-10 Year Bond Index on a calendar quarter basis. The Fund does not seek to achieve its stated investment objective over a period of time different than a full calendar quarter. The fund looks to target the duration of the ICE 7-10 Year US Treasury Index by investing in Treasury futures at the short end of the curve. The fund is designed to provide significant duration from only a modest capital allocation while simultaneously attempting to harvest yield curve efficiencies from the short end of the curve using 2-Year US Treasury futures contracts.

The fund can be used as a replacement for less efficient intermediate duration holdings, as a means of increasing capital efficiency of shorter duration portfolio allocations, or as a building block within innovative portfolio solutions such as risk parity.

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