WisdomTree Equity Premium Income Fund (WTPI) Straddle

Trading a WTPI straddle lets you take a pure volatility position on WisdomTree Equity Premium Income Fund without committing to a direction. WisdomTree Equity Premium Income 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 WTPI straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on WTPI 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 Equity Premium Income 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 WTPI straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

The WisdomTree Equity Premium Income Fund (Ticker: WTPI) is an exchange-traded fund (ETF) managed by WisdomTree, Inc. The fund seeks to provide investors with consistent income by selling put options bi-weekly on the S&P 500 Index, targeting a 2.5% premium. This strategy aims to capitalize on the volatility premium in the options market, potentially offering attractive income opportunities, especially in flat-to-down market conditions.

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