UPAR Ultra Risk Parity ETF (UPAR) Straddle

Trading a UPAR straddle lets you take a pure volatility position on UPAR Ultra Risk Parity ETF without committing to a direction. UPAR Ultra Risk Parity 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 UPAR straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on UPAR 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 UPAR Ultra Risk Parity 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 UPAR straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Access the same risk parity strategy as RPAR but with a higher target return and risk. The fund diversifies its allocations amongst four asset classes – equities, commodities, Treasury bonds, and TIPS.

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