Trading a ZROZ straddle lets you take a pure volatility position on PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF without committing to a direction. PIMCO 25+ Year Zero Coupon U.S. Treasury Index 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 ZROZ straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ZROZ 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 PIMCO 25+ Year Zero Coupon U.S. Treasury Index 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 ZROZ straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
The Fund seeks to provide total return that closely corresponds, before fees and expenses, to the total return of The BofA Merrill Lynch Long Treasury Principal STRIPS IndexSM
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ZROZ straddle is the cleanest expression of that view. Our scanner prices every ZROZ 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 ZROZ straddle into a catalyst or short a ZROZ straddle to harvest decay, the options straddle setups that matter are all in one place.
