Trading a WISE straddle lets you take a pure volatility position on Themes Generative Artificial Intelligence ETF without committing to a direction. Themes Generative Artificial Intelligence 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 WISE straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on WISE 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 Themes Generative Artificial Intelligence 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 WISE straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The index is designed to provide exposure to companies that have business operations in AI related industries. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) based on the securities in the index. The fund is non-diversified.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the WISE straddle is the cleanest expression of that view. Our scanner prices every WISE 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 WISE straddle into a catalyst or short a WISE straddle to harvest decay, the options straddle setups that matter are all in one place.
