AdvisorShares Pure Cannabis ETF (YOLO) Straddle

Trading a YOLO straddle lets you take a pure volatility position on AdvisorShares Pure Cannabis ETF without committing to a direction. AdvisorShares Pure Cannabis 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 YOLO straddle pricing in real time and find the moments when expected moves are mispriced.

A long straddle on YOLO 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 AdvisorShares Pure Cannabis 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 YOLO straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.

Long-Term Upside Potential – The emergence of select cannabis securities and their long-term growth potential adds a compelling element for investors seeking pure cannabis exposure and a potential high-growth complement to a broad-based equity allocation. First Active ETF with Dedicated Cannabis Exposure – YOLO became the first actively managed ETF with dedicated cannabis exposure available in the U.S., which carries inherent advantages. YOLO can adjust its portfolio more quickly than a passive index-based strategy – an important attribute in a rapidly evolving cannabis marketplace that can witness fluctuations and changes among tradeable equities and an influx of new stock issues.

Experienced Portfolio Management Team – YOLO’s portfolio management team carries deep experience in the capital markets and a well-established expertise of investing in highly-regulated areas in the equity markets including cannabis. Their risk management and selective approach is an essential feature of YOLO, which does not blindly invest by following a market-cap-weighted index like other cannabis-related ETF offerings.

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