WisdomTree U.S. Multifactor Fund (USMF) Straddle

Trading a USMF straddle lets you take a pure volatility position on WisdomTree U.S. Multifactor Fund without committing to a direction. WisdomTree U.S. Multifactor Fund'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 USMF straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on USMF 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 WisdomTree U.S. Multifactor Fund 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 USMF straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

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