Trading a WDNA straddle lets you take a pure volatility position on WisdomTree BioRevolution Fund without committing to a direction. WisdomTree BioRevolution 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 WDNA straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on WDNA 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 BioRevolution 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 WDNA straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. The index is designed to provide exposure to equity securities of exchange listed companies globally that will be significantly transformed by advancements in genetics and biotechnology. The fund is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the WDNA straddle is the cleanest expression of that view. Our scanner prices every WDNA 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 WDNA straddle into a catalyst or short a WDNA straddle to harvest decay, the options straddle setups that matter are all in one place.
