BenzingaT3·13mo ago
AMZA InfraCap MLP ETF
ETF 47.30 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
AMZA
$47.30
—
Key stats
$47.30
- 52-Week Range
- $38.01 – $51.56
- YTD
- +17.53%
- IV Rank (30D)
- 26.64
- Straddle Price
- $2.55
- P/C Vol Ratio
- 2.00
- Open
- $48.22
- Day Range
- $46.75 – $48.22
- Volume
- 18,284
- Prev Close
- $48.25
About
InfraCap MLP ETF (AMZA) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2014-10-01
- Has Options
- Yes
Fund profile
holdings as of Jul 31, 2026SEC filingthrough Jul 2026flows, SEC filings
- Expense ratio
- 1.72% prospectus, filed Feb 27, 2026
- Assets
- $470M shares × price, Oct 21, 2026
- Trailing yield
- 8.25% paid monthly
- Average daily volume
- $1.6M 30 sessions
- Holdings
- 108 top 10 are 101.7%
- Listed
- Oct 1, 2014 NYSE Arca
- Last fee change
- -103 bp filed Feb 27, 2026
Cost0
Liquidity40
Scale62
Diversification26
Moves with. Value over growth (17% of its variance, beta 0.66); High yield over Treasuries (4% of its variance, beta 1.20). These factors explain 19% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. InfraCap MLP ETF (the Fund ) seeks total return primarily through investments in equity securities of publicly traded master limited partnerships and limited liability companies taxed as partnerships ( MLPs ). (from the fund's prospectus)
All 108 holdingsFlow historySimilar fundsOverlap toolAll MLPs & Midstream ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- $0 latest reported month
- Latest 3 months
- −$5.8M −1.2% of assets
- Latest 12 months
- +$3.1M +0.7% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | $0 |
| Jun 2026 | −$5.8M |
| May 2026 | −$3K |
| Apr 2026 | +$2.1M |
| Mar 2026 | −$21K |
| Feb 2026 | +$3.2M |
| Jan 2026 | $0 |
| Dec 2025 | $0 |
| Nov 2025 | −$2.0M |
| Oct 2025 | −$3.9M |
| Sep 2025 | +$3.1M |
| Aug 2025 | +$6.4M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| AMLPAlerian MLP ETF | 92% | 1.01% | $12.7B | +13.6% | compare |
| MLPAGlobal X MLP ETF | 87% | 0.77% | $2.3B | +13.4% | compare |
| ENFRAlerian Energy Infrastructure ETF | 43% | 0.35% | $549M | +26.9% | compare |
| UMIUSCF Midstream Energy Income Fund | 41% | 0.69% | $485M | +22.0% | compare |
| MLPXGlobal X MLP & Energy Infrastructure ETF | 41% | 0.45% | $3.6B | +24.4% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Jul 31, 2026SEC filing- Holdings vs fair value
- +42.2% 92% under, 3% over · 100% covered
- Price / earnings
- 13.4 0% loss-making · 99% covered
- Price / book · sales
- 2.6 · 0.7 revenue growth +22.8%
- Above 200-day average
- 81% 40% above 50-day · by weight
- Insider buying
- 29% of weight had net insider buying, 90 days; 8% net selling
- 13F holders
- −4.1% change in shares held by institutions, latest quarter
- Reporting earnings
- 20.8% of weight in 7 days; 52.1% in 14
Holdings reporting in the next 14 days · weighted implied move this week 1.00%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Apr 30, 2026 → Jul 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Increase | LNGCHENIERE ENERGY INC | 3.10% | 5.99% | +105.2% |
| Decrease | TRGPTARGA RESOURCES CORP | 3.33% | 1.73% | −49.1% |
| Increase | OKEONEOK INC | 1.54% | 2.57% | +73.6% |
| Increase | VLOVALERO ENERGY CORP | 0.27% | 0.90% | +170.7% |
| Increase | KMIKINDER MORGAN INC | 3.01% | 3.60% | +24.6% |
| Increase | USACUSA COMPRESSION PARTNERS LP | 1.88% | 2.39% | +36.1% |
| Decrease | TRPTC ENERGY CORP | 1.33% | 0.97% | −26.4% |
| Decrease | MPCMARATHON PETROLEUM CORP | 0.70% | 0.42% | −52.4% |
| Increase | DINOHF SINCLAIR CORP | 0.37% | 0.56% | +14.3% |
| Decrease | PSXPHILLIPS 66 | 0.24% | 0.17% | −38.9% |
0 new, 0 exited, 6 increased and 4 decreased between the fund's two latest holdings reports; turnover 7.3%. Full holdings and history
Under the hood
fiscal year to Oct 31, 2025SEC census- Authorized participants
- 3 active of 16 with agreements; top 3 did 100%
- Created · redeemed
- $24M · $18M over the fiscal year
- Redemptions in kind
- 0% creations 127% in kind
- Creation unit
- 25,000 shares
- Securities lending
- not authorized
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-07-31
Holdings
108
AUM
$574.6M
Provider
Nport
Inception
2014-10-01
Exchange
ARCX
Data As Of
2026-07-31
Expense Ratio
1.72%
Dividend Yield
8.25%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-20 | 2026-10-27 | $0.3400 | CD |
| 2026-09-21 | 2026-09-28 | $0.3400 | CD |
| 2026-08-20 | 2026-08-27 | $0.3400 | CD |
| 2026-07-20 | 2026-07-27 | $0.3400 | CD |
| 2026-06-22 | 2026-06-29 | $0.3400 | CD |
| 2026-05-20 | 2026-05-27 | $0.3400 | CD |
Asset Allocation
Top Holdings
top 50 of 108 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| ET | ENERGY TRANSFER LP | 17.02% | Equity (common) | US |
| SUN | SUNOCO LP | 16.01% | Equity (common) | US |
| PAA | PLAINS ALL AMERICAN PIPELINE LP | 14.83% | Equity (common) | US |
| WES | WESTERN MIDSTREAM PARTNERS LP | 12.51% | Equity (common) | US |
| EPD | ENTERPRISE PRODUCTS PARTNERS LP | 11.63% | Equity (common) | US |
| MPLX | MPLX LP | 11.61% | Equity (common) | US |
| LNG | CHENIERE ENERGY INC | 5.99% | Equity (common) | US |
| HESM | HESS MIDSTREAM LP | 5.23% | Equity (common) | US |
| KMI | KINDER MORGAN INC | 3.60% | Equity (common) | US |
| CQP | CHENIERE ENERGY PARTNERS LP | 3.22% | Equity (common) | US |
| WMB | WILLIAMS COMPANIES INC (THE) | 3.12% | Equity (common) | US |
| OKE | ONEOK INC | 2.57% | Equity (common) | US |
| USAC | USA COMPRESSION PARTNERS LP | 2.39% | Equity (common) | US |
| GEL | GENESIS ENERGY LP | 2.09% | Equity (common) | US |
| DKL | DELEK LOGISTICS PARTNERS LP | 1.79% | Equity (common) | US |
| TRGP | TARGA RESOURCES CORP | 1.73% | Equity (common) | US |
| GLP | GLOBAL PARTNERS LP | 1.18% | Equity (common) | US |
| TRP | TC ENERGY CORP | 0.97% | Equity (common) | CA |
| VLO | VALERO ENERGY CORP | 0.90% | Equity (common) | US |
| — | GOLDMAN SACHS FIN GOV 465 | 0.77% | Short-term investment | US |
| — | RBC BlueBay US Government Money Market Fund | 0.77% | Short-term investment | US |
| ETPI | ENERGY TRANSFER LP | 0.63% | Equity (preferred) | US |
| DINO | HF SINCLAIR CORP | 0.56% | Equity (common) | US |
| MPC | MARATHON PETROLEUM CORP | 0.42% | Equity (common) | US |
| SPH | SUBURBAN PROPANE PARTNERS LP | 0.18% | Equity (common) | US |
| PSX | PHILLIPS 66 | 0.17% | Equity (common) | US |
| VG | VENTURE GLOBAL INC | 0.11% | Equity (common) | US |
| KNTK | KINETIK HOLDINGS INC | 0.05% | Equity (common) | US |
| ENB | ENBRIDGE INC | 0.02% | Equity (common) | CA |
| — | BROOKFIELD INFRASTRUCTURE FINANCE ULC | 0.00% | Equity (preferred) | CA |
| — | THE OPTIONS CLEARING CORPORATION | 0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | 0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | 0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
| — | THE OPTIONS CLEARING CORPORATION | -0.00% | Derivative (equity) | US |
Non-Equity Breakdown
InfraCap MLP ETF ·
NPORT-P period 2026-07-31
(filed 2026-09-29)
Net assets:
$472M
· 108 total positions
· equity 120.53%
· non-equity 1.26%
Non-equity holdings
— 80 positions,
1.26% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 1.54% | $7.3M | 2 |
| Derivative (equity) | -0.28% | $-1318786 | 78 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 7.82% | 8.70% | 9.07% | 3.32% | 7.37% | 4.45% | 6.79% |
| Feb | 9.65% | 0.40% | -2.69% | 5.09% | 0.84% | 8.71% | 3.67% |
| Mar | 1.36% | 0.03% | -3.52% | 4.94% | 1.09% | 0.04% | 0.66% |
| Apr | 6.57% | -1.98% | -1.20% | -4.20% | -12.18% | 6.46% | -1.09% |
| May | 5.91% | 9.25% | -0.50% | 0.36% | 2.12% | -2.74% | 2.40% |
| Jun | 2.47% | -19.89% | 3.53% | 7.34% | 2.38% | 0.77% | -0.57% |
| Jul | -10.27% | 12.64% | 1.43% | 0.41% | 3.25% | 6.46% | 2.32% |
| Aug | -1.84% | 5.11% | 1.69% | 0.49% | -0.79% | 5.36% | 1.67% |
| Sep | 0.12% | -9.04% | 0.69% | -0.15% | -6.01% | -8.21% | -3.77% |
| Oct | 2.35% | 13.47% | -1.32% | -3.06% | -3.67% | -0.59%* | 1.20% |
| Nov | -12.33% | 0.48% | 8.59% | 20.12% | 4.43% | -- | 4.26% |
| Dec | 6.31% | -5.19% | -6.19% | -7.40% | -2.32% | -- | -2.96% |
| Total | 16.59% | 9.02% | 8.80% | 27.75% | -4.93% | 21.31% | 13.09% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $48.03
SMA 50: $49.39
SMA 200: $46.68
Current: $47.39
EMA 12: $48.08
EMA 26: $48.45
MACD: -0.3716 | Signal: 0.0185
BEARISH
ADX (14): 38.10
TREND
+DI: 8.92
−DI: 29.26
Momentum Oscillators
RSI (14): 40.83
NEUTRAL
Stoch %K: 54.15
Stoch %D: 62.54
Williams %R: -68.94
Volume & Volatility
BB Upper: $48.96
BB Lower: $47.10
NEUTRAL
OBV: -52,586
Vol SMA 20: 32,257
Vol ROC: -52.85%
ATR: $0.93
True Range: $1.50
HV 20: 19.1%
HV 30: 17.9%
HV 60: 18.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
BULLISH (Confidence Level: 7/10)
Key drivers: Technical momentum, neutral news sentiment, and low volatility.
Primary risks: Negative earnings surprise, regulatory changes, and increased competition.
Investment thesis: AMZA is positioned for a potential short-term uptrend, supported by its strong technical indicators and relatively low volatility. The stock's recent price action suggests it may be poised to break above its current range, driven by the combination of bullish momentum and neutral news sentiment.
Recent news sentiment impact: The overall neutral sentiment from recent news headlines has not significantly impacted the stock's price movement, allowing technical analysis to take center stage.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Uptrend; Medium-term (1-3 months): Range-bound; Long-term (3-12 months): Bullish
Support/Resistance Levels: Key levels to watch: SMA 20 ($48.47), Bollinger Bands Upper ($49.32)
Momentum Signals: RSI interpretation: Neutral, indicating no clear buy or sell signal MACD signal: Bullish, suggesting upward momentum Bollinger Bands position: Squeeze, indicating potential breakout
Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20: 34986.85 (relatively low)
- On-Balance Volume (OBV): 111354.01 (neutral)
- Volume Rate of Change: 6.25% (moderate)
News & Sentiment Analysis
Recent Headlines Summary: Neutral news sentiment from recent headlines, with no significant market-moving events.
Sentiment Assessment: Aggregate news sentiment: NEUTRAL (5/10)
Catalyst Identification: No upcoming earnings or major market-moving events identified.
Market Narrative: The neutral news sentiment aligns with the current technical picture, suggesting a potential breakout above the current range.
Risk & Volatility Assessment
Beta Interpretation: Beta -0.08 (vs SPY), indicating inverse correlation to the broader market.
Volatility Regime: Current volatility level: 0.19 (relatively low)
Options Market Signals: IV Rank: 32.1% (Medium), showing historically average volatility; Options market pricing $2.75 move by expiration
Downside Protection: Support levels and risk management considerations:
- SMA 20 ($48.47): key support level
- Risk management: Stop-loss levels should be set around $45.19, with position sizing considerations based on current market conditions.
Market Context & Positioning
Sector Performance: Relative strength vs sector/market: AMZA outperformed the broader energy ETFs in recent months.
Institutional Activity: Volume patterns suggesting institutional interest:
- Institutional buying pressure: Not significant
- Selling pressure: Not evident
Correlation Analysis: How stock moves relative to market (R-squared interpretation): -0.05, indicating inverse correlation.
Relative Valuation: Position within trading range: AMZA is positioned near the lower end of its current range, suggesting potential upside.
Key Levels & Action Items
Critical Price Levels: Support/resistance to monitor:
- SMA 20 ($48.47)
- Bollinger Bands Upper ($49.32)
Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
- Break above SMA 20 for potential short-term uptrend
- Break below SMA 50 for potential short-term downtrend
Time-Sensitive Catalysts: No upcoming earnings or major market-moving events identified.
Risk Management: Stop-loss levels and position sizing considerations:
- Set stop-loss around $45.19
- Consider reducing position size based on current market conditions
Generated
News
All AMZA news →
BenzingaT3·17mo ago
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Showing 1–10 of 30
Page 1 of 3
AMZA Options Activity & IV Rank
AMZA IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 25.2%
7-DTE IV: —
Expected Move: $2.55
7-DTE Move: $2.55
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 11
Put Volume: 22
P/C Volume: 2.0
BEARISH
Call OI: 48
Put OI: 38
P/C OI: 0.792
Total OI: 86
ATM Options Pricing
ATM Call: $1.45
ATM Put: $1.10
Call %: 3.1%
Put %: 2.3%
Chain Summary
Chain Volume: 137
Chain OI: 332
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 43rd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
43%
vs own history
GEX tilt
+0.55
OI-weighted, today
Vanna tilt
+0.62
δ-sensitivity to IV
Charm tilt
-0.73
δ-decay vs time
Vanna tilt +0.62: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.73: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 8 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
ATM 25.8% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)26.6MediumOct 22
Straddle Price (30 DTE)$2.55Oct 22
Beta Analysis
Risk Metrics
Beta: -0.1526
Alpha: 22.20%
Correlation: -0.1025
R-Squared: 1.1%
Stock Volatility: 18.9%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
AMZA Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
2 filers$956.14K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $660.52K | 69.08% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $295.62K | 30.92% | 2026-06-30 |
1 filers$230.95K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $230.95K | 100.00% | 2026-06-30 |
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
64.79K
SI % of Float
0.67%
Days to Cover
1.80
Short Vol Ratio
32.6%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance
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Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|