Trading a VIXM straddle lets you take a pure volatility position on ProShares VIX Mid-Term Futures ETF without committing to a direction. ProShares VIX Mid-Term Futures 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 VIXM straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on VIXM 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 VIX Mid-Term Futures 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 VIXM straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
ProShares VIX Mid-Term Futures ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 VIX Mid-Term Futures IndexTM.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the VIXM straddle is the cleanest expression of that view. Our scanner prices every VIXM 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 VIXM straddle into a catalyst or short a VIXM straddle to harvest decay, the options straddle setups that matter are all in one place.
