Vanguard S&P 500 ETF (VOO) Straddle

Trading a VOO straddle lets you take a pure volatility position on Vanguard S&P 500 ETF without committing to a direction. Vanguard S&P 500 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 VOO straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on VOO 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 Vanguard S&P 500 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 VOO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Invests in stocks in the S&P 500 Index, representing 500 of the largest U.S. companies.Goal is to closely track the index’s return, which is considered a gauge of overall U.S. stock returns.Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds.More appropriate for long-term goals where your money’s growth is essential.With respect to 75% of its total assets, the fund may not: (1) purchase more than 10% of the outstanding voting securities of any one issuer or (2) purchase securities of any issuer if, as a result, more than 5% of the fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index.

This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.

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