Zacks Investment ResearchT3·24d ago
ARKX ARK Space & Defense Innovation ETF
ETF 30.03 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.
ARKX
$30.03
—
Key stats
$30.03
- 52-Week Range
- $25.17 – $37.89
- YTD
- +0.03%
- IV Rank (30D)
- 49.85
- Straddle Price
- $2.73
- P/C Vol Ratio
- 0.77
- Open
- $28.80
- Day Range
- $28.66 – $30.20
- Volume
- 1,763,537
- Prev Close
- $28.42
About
ARK Space & Defense Innovation ETF (ARKX) ETF
No description available.
- Exchange
- BATS
- Inception
- 2021-03-30
- Has Options
- Yes
Fund profile
holdings as of Jul 31, 2026SEC filingthrough Jul 2026flows, SEC filings
- Expense ratio
- 0.75% prospectus, filed Nov 26, 2025
- Assets
- $637M shares × price, Nov 6, 2026
- Trailing yield
- —
- Average daily volume
- $18M 30 sessions
- Holdings
- 36 top 10 are 54.2%
- Listed
- Mar 30, 2021 Cboe BZX
- Last fee change
- +5 bp filed Nov 22, 2023
Cost14
Liquidity75
Scale67
Diversification52
Moves with. US large-cap stocks (29% of its variance, beta 1.01); Value over growth (16% of its variance, beta -0.61); Small caps over large (12% of its variance, beta 1.00); Gold (3% of its variance, beta 0.10). These factors explain 65% of its daily moves over the last year.
Stated objective. The ARK Space & Defense Innovation ETFs (Fund) investment objective is long -term growth of capital. (from the fund's prospectus)
All 36 holdingsFlow historySimilar fundsOverlap toolAll Aerospace & Defense ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- −$79M latest reported month
- Latest 3 months
- −$73M −9.6% of assets
- Latest 12 months
- +$312M +41.1% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | −$79M |
| Jun 2026 | −$88M |
| May 2026 | +$94M |
| Apr 2026 | +$86M |
| Mar 2026 | +$51M |
| Feb 2026 | −$93M |
| Jan 2026 | +$275M |
| Dec 2025 | +$43M |
| Nov 2025 | −$24M |
| Oct 2025 | +$39M |
| Sep 2025 | +$5.5M |
| Aug 2025 | +$3.8M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 66 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| ARKQARK Autonomous Technology & Robotics ETF | 67% | 0.75% | $1.6B | −11.7% | compare |
| XSPCTidal Trust IV VegaShares Space & AI ETF | 29% | 0.75% | $1.0M | — | compare |
| ARKKARK Innovation ETF | 28% | 0.75% | $5.7B | −11.2% | compare |
| BCTKBaron Technology ETF | 28% | 0.75% | $205M | — | compare |
| ARKWARK Next Generation Technology ETF | 28% | 0.76% | $1.6B | −17.8% | 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
- −0.0% 37% under, 30% over · 86% covered
- Price / earnings
- 146.3 23% loss-making · 75% covered
- Price / book · sales
- 3.6 · 4.6 revenue growth +13.1%
- Above 200-day average
- 30% 27% above 50-day · by weight
- Short interest
- 5.0% of float, weighted · 3.1 days to cover
- Insider buying
- 2% of weight had net insider buying, 90 days; 52% net selling
- 13F holders
- +3.9% change in shares held by institutions, latest quarter
- Reporting earnings
- 10.9% of weight in 7 days; 14.3% in 14
Holdings reporting in the next 14 days · weighted implied move this week 1.55%
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 |
|---|---|---|---|---|
| New position | SPCXSPACE EXPLORATION TECHNOLOGIES CORP | — | 7.67% | — |
| Decrease | RKLBROCKET LAB CORP | 7.78% | 4.74% | −28.1% |
| Decrease | TERTERADYNE INC | 6.64% | 3.96% | −48.3% |
| Decrease | IRDMIRIDIUM COMMUNICATIONS INC | 3.56% | 1.81% | −61.0% |
| Decrease | SRTASTRATA CRITICAL MEDICAL INC | 1.52% | 0.01% | −99.5% |
| Decrease | AMDADVANCED MICRO DEVICES INC | 6.14% | 4.93% | −44.5% |
| Increase | NVDANVIDIA CORP | 2.38% | 3.39% | +31.7% |
| Exit | HONHONEYWELL INTERNATIONAL INC | 1.00% | — | — |
| Increase | KTOSKRATOS DEFENSE & SECURITY SOLUTIONS INC | 5.45% | 6.22% | +43.4% |
| Increase | LUNRINTUITIVE MACHINES INC | 2.42% | 1.72% | +35.7% |
3 new, 1 exited, 5 increased and 7 decreased between the fund's two latest holdings reports; turnover 14.9%. Full holdings and history
Under the hood
fiscal year to Jul 31, 2025SEC census- Authorized participants
- 3 active of 21 with agreements; top 3 did 100%
- Created · redeemed
- $57M · $34M over the fiscal year
- Redemptions in kind
- 99% creations 98% in kind
- Creation unit
- 50,000 shares
- Securities lending
- authorized, none lent
- 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 2026-01-02
Holdings
34
AUM
$501.6M
Provider
ARK Invest
Inception
2021-03-30
Exchange
BATS
Data As Of
2026-01-02
Expense Ratio
0.75%
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 34 of 34 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| RKLB | ROCKET LAB | 8.90% | Equity (US) | US |
| LHX | L3HARRIS TECHNOLOGIES INC | 8.34% | Equity (US) | US |
| KTOS | KRATOS DEFENSE & SECURITY | 7.75% | Equity (US) | US |
| TER | TERADYNE INC | 7.22% | Equity (US) | US |
| AVAV | AEROVIRONMENT INC | 6.58% | Equity (US) | US |
| DE | DEERE & CO | 5.28% | Equity (US) | US |
| ACHR | ARCHER AVIATION INC-A | 5.08% | Equity (US) | US |
| PLTR | PALANTIR TECHNOLOGIES INC-A | 4.34% | Equity (US) | US |
| AMD | ADVANCED MICRO DEVICES | 4.16% | Equity (US) | US |
| TRMB | TRIMBLE INC | 4.13% | Equity (US) | US |
| IRDM | IRIDIUM COMMUNICATIONS INC | 3.62% | Equity (US) | US |
| AMZN | AMAZON.COM INC | 3.38% | Equity (US) | US |
| GOOG | ALPHABET INC-CL C | 2.78% | Equity (US) | US |
| NVDA | NVIDIA CORP | 2.53% | Equity (US) | US |
| JOBY | JOBY AVIATION INC | 2.44% | Equity (US) | US |
| HO | THALES SA | 2.14% | Equity (US) | US |
| — | KOMATSU LTD | 2.02% | Equity (US) | US |
| SRTA | STRATA CRITICAL MEDICAL INC | 1.78% | Equity (US) | US |
| LUNR | INTUITIVE MACHINES INC | 1.76% | Equity (US) | US |
| BWXT | BWX TECHNOLOGIES INC | 1.65% | Equity (US) | US |
| GRMN | GARMIN LTD | 1.49% | Equity (US) | US |
| ESLT | ELBIT SYSTEMS LTD | 1.48% | Equity (US) | US |
| TDY | TELEDYNE TECHNOLOGIES INC | 1.19% | Equity (US) | US |
| SNPS | SYNOPSYS INC | 1.18% | Equity (US) | US |
| HEI | HEICO CORP | 1.16% | Equity (US) | US |
| DASH | DOORDASH INC - A | 1.14% | Equity (US) | US |
| TSM | TAIWAN SEMICONDUCTOR-SP ADR | 1.04% | Equity (US) | US |
| HON | HONEYWELL INTERNATIONAL INC | 1.03% | Equity (US) | US |
| AIR | AIRBUS SE | 1.02% | Equity (US) | US |
| — | DASSAULT SYSTEMES SE | 1.02% | Equity (US) | US |
| — | JD LOGISTICS INC | 0.92% | Equity (US) | US |
| PRNT | THE 3D PRINTING ETF | 0.59% | Equity (US) | US |
| LMT | LOCKHEED MARTIN CORP | 0.57% | Equity (US) | US |
| — | GOLDMAN FS TRSY OBLIG INST 468 | 0.24% | Equity (US) | US |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -13.46% | 13.36% | -5.12% | 7.36% | 6.56% | 1.74% |
| Feb | -- | 4.90% | -3.07% | 1.62% | -6.54% | 0.92% | -0.43% |
| Mar | 1.33% | 4.79% | 1.30% | 2.54% | -5.03% | -9.22% | -0.72% |
| Apr | -1.53% | -15.09% | -3.59% | -1.41% | 4.45% | 10.33% | -1.14% |
| May | -0.39% | -4.00% | 1.56% | 3.26% | 11.01% | 14.03% | 4.25% |
| Jun | 1.74% | -9.26% | 9.99% | -1.13% | 15.76% | -6.23% | 1.81% |
| Jul | -3.19% | 10.55% | 2.77% | 3.11% | 11.63% | -9.96% | 2.48% |
| Aug | 3.47% | -5.71% | -5.68% | 3.65% | 2.50% | 2.50% | 0.12% |
| Sep | -7.38% | -11.65% | -5.62% | 8.94% | 9.81% | 0.22% | -0.95% |
| Oct | 2.13% | 5.91% | -5.28% | -0.55% | 8.55% | -6.82% | 0.66% |
| Nov | -6.32% | -0.60% | 11.64% | 22.84% | -12.32% | 1.56%* | 2.80% |
| Dec | 0.96% | -7.40% | 4.19% | -0.51% | 8.26% | -- | 1.10% |
| Total | -9.38% | -36.83% | 20.83% | 40.82% | 65.59% | 0.81% | 13.64% |
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: $29.95
SMA 50: $31.32
SMA 200: $32.33
Current: $30.03
EMA 12: $29.54
EMA 26: $30.27
MACD: -0.7331 | Signal: -0.0748
BEARISH
ADX (14): 34.19
TREND
+DI: 21.10
−DI: 34.59
Momentum Oscillators
RSI (14): 48.39
NEUTRAL
Stoch %K: 38.52
Stoch %D: 24.45
Williams %R: -26.94
Volume & Volatility
BB Upper: $31.85
BB Lower: $28.05
NEUTRAL
OBV: 2,618,540
Vol SMA 20: 618,874
Vol ROC: 513.43%
ATR: $1.00
True Range: $1.78
HV 20: 46.1%
HV 30: 39.1%
HV 60: 30.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis
ARKX Stock Analysis Report
ARK Space & Defense Innovation ETF
Executive Summary
Overall Assessment: BEARISH | Confidence Level: 7/10
ARKX is an actively managed aerospace & defense thematic ETF currently in a downtrend with deteriorating momentum and negative fund flows offsetting a historically bullish sector narrative. The fund trades $3.95 below its 200-day moving average (9.7% discount) with technical indicators flashing clear sell signals despite positive news sentiment around the space economy. Recent fund outflows ($79M in latest month, -9.6% over 3 months) coupled with a concentrated portfolio (top 10 holdings = 54.2%) and elevated valuation (weighted P/E of 190.5) suggest investor sentiment is cooling despite bullish headlines about SpaceX and NASA initiatives.
Key Drivers:
- Negative momentum: MACD bearish (-0.64 vs signal -0.21), RSI at 32 (neutral-to-oversold), Williams %R at -94.92 (extreme)
- Technical breakdown: Price 9.1% below SMA 200, 7.8% below SMA 50, 6.0% below SMA 20
- Recent outflows: -$73M over 3 months contradicts positive news coverage
- Valuation concern: Weighted P/E of 190.5 remains extremely elevated despite correction
Primary Risks:
- High beta (1.96) amplifies market downside in correction scenario
- IV premium to realized volatility (60.2%) suggests expensive downside protection
- Concentrated portfolio creates single-position risk (SPCX 7.7%, LHX 7.5% are dominant)
- Fund flows turning negative after 12-month inflow period suggests trend exhaustion
Technical Analysis
Trend Direction
Short-term (1-4 weeks): DOWNTREND
- Price: $29.63 is 6.0% below SMA 20 ($31.53)
- ADX at 30.01 indicates strong directional trend in place
- -DI (41.09) dominates +DI (11.90), showing selling pressure significantly exceeds buying
- Stochastic indicators extremely oversold: %K at 15.93, %D at 16.09 (both <20 = oversold extreme)
Medium-term (1-3 months): DOWNTREND
- Price 7.8% below SMA 50 ($32.21)
- EMA 12 ($30.76) below EMA 26 ($31.40) = bearish crossover structure
- MACD histogram negative at -0.43, moving away from signal line (bearish divergence)
- Lower lows being established in recent price action
Long-term (3-12 months): DOWNTREND/CONSOLIDATION
- Price 9.7% below SMA 200 ($32.58) — broken long-term support
- However, 41% of holdings' weight trades above their 200-day averages, suggesting mixed signals within the portfolio
- Fund is testing intermediate support levels but not establishing new higher lows
Support/Resistance Levels
| Level | Type | Significance | |-------|------|--------------| | $29.35 | Bollinger Lower Band | Immediate technical floor; strong support cluster | | $29.63 | Current Price | Below all key moving averages | | $31.53 | SMA 20 / BB Middle | First resistance; short-term trend maker | | $32.21 | SMA 50 | Secondary resistance; medium-term trend maker | | $32.58 | SMA 200 | Long-term trend maker; break above would confirm recovery | | $33.72 | Bollinger Upper Band | Major resistance; breakout level for bullish reversal |
Critical Observation: Price is sandwiched between strong support ($29.35) and the entire moving average cluster ($31.53-$32.58), indicating potential mean reversion trade setup if support holds.
Momentum Signals
RSI (14): 32.09 — Neutral-to-Oversold
- Reading below 30 (oversold threshold) would typically signal capitulation and potential reversal
- Current 32 suggests market is stretched but not yet in extreme capitulation territory
- Room to move further down before classic oversold buy signal triggers
MACD: -0.64 Signal / -0.21 Histogram: -0.43
- Bearish Configuration: Histogram negative and diverging from signal line
- MACD line (-0.64) is moving further below signal line (-0.21), indicating accelerating bearish momentum
- No crossover bounce visible; momentum continuing downward
- Bullish reversal would require MACD to cross above signal line (not imminent given trajectory)
Williams %R: -94.92 — Extreme Oversold
- This is the most extreme reading in the dataset; -94.92 vs -100 maximum indicates near-maximum downward momentum
- Typically signals imminent reversal or capitulation bounce
- However, Williams %R can remain extreme for extended periods during strong trends
Bollinger Bands: Neutral Position
- Price ($29.63) sits between lower band ($29.35) and middle band ($31.53)
- Width of 13.87 indicates volatility has contracted significantly (not in a squeeze)
- Price near lower band but not touching; suggests support framework in place but not yet tested
Volume Analysis
Volume Trends:
- Current 20-day SMA: 571,283 shares
- Volume Rate of Change: +10.78% — volume trending slightly elevated
- Interpretation: Volume increase on down moves is bearish (institutional selling); if bounce occurs, volume confirmation would be crucial
On-Balance Volume (OBV): 2,542,539.83
- OBV context: Rising OBV on down moves typically indicates distribution (institutional selling)
- No context provided on OBV trend direction, but combined with price decline suggests potential accumulation of sell pressure
Institutional Interest Signals:
- Put/Call Volume Ratio: 1.21 (slight put bias, but neutral range)
- Put/Call Open Interest Ratio: 0.36 (calls significantly favored in OI; indicates positioned for upside despite current weakness)
- Contradiction: Options market structure suggests institutional positioning for recovery (more call OI), but volume flows show outflows and price weakness
News & Sentiment Analysis
Recent Headlines Summary (Last 10 Articles)
| Date | Headline | Sentiment | Relevance | |------|----------|-----------|-----------| | 2026-10-16 | NASA, SpaceX, Rocket Lab, ARKX, UFO and MARS | POSITIVE | Direct ARKX mention; space sector tailwinds | | 2026-09-30 | ARKX vs SPDR Aerospace & Defense comparison | NEUTRAL | Category analysis; no directional signal | | 2026-09-03 | Guide to Space ETF Investment | POSITIVE | Educational; supports space economy thesis | | 2026-08-18 | ARKX vs MISL comparison | POSITIVE | ARKX positioned favorably in direct competition | | 2026-07-31 | 3 Ways to Get Space Economy Exposure | NEGATIVE | Emphasizes alternatives to direct space exposure | | 2026-07-16 | Cathie Wood bought $51M+ SpaceX stock | POSITIVE | Major position builder; ARK commitment signal |
Sentiment Assessment
Aggregate Sentiment: POSITIVE-NEUTRAL
- 4 of 6 recent headlines positive
- No negative operational news about holdings or fund performance
- Headlines cluster around space economy themes (NASA, SpaceX initiatives)
Critical Timing Mismatch:
- Data Quality Flag: The most recent news (2026-10-16) is POSITIVE and directly mentions ARKX, yet the fund is DOWN 9.7% from its 200-day average
- This suggests either: (a) the fund's weakness predates recent positive news, (b) positive news is not resonating with investors, or (c) fund flows reflect longer-term positioning concerns
Catalyst Identification
Immediate (1-7 days):
- No specific catalysts mentioned in news summaries
- Space sector commentary remains general/thematic
Near-term (1-4 weeks):
- 23% of portfolio weight reports earnings within 7 days [as of 2026-07-31 filing]
- This is a significant data point: nearly 1/4 of the fund has near-term earnings risk
- Earnings beats could lift
Generated
News
All ARKX news →
The Motley FoolT3·1mo ago
Zacks Investment ResearchT3·2mo ago
The Motley FoolT3·2mo ago
The Motley FoolT3·3mo ago
The Motley FoolT3·3mo ago
The Motley FoolT3·4mo ago
The Motley FoolT3·4mo ago
The Motley FoolT3·4mo ago
BenzingaT3·5mo ago
Showing 1–10 of 50
Page 1 of 5
ARKX Options Activity & IV Rank
ARKX IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 38.4%
7-DTE IV: 58.3%
Expected Move: $2.73
7-DTE Move: $2.45
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 395
Put Volume: 303
P/C Volume: 0.767
NEUTRAL
Call OI: 5,111
Put OI: 1,645
P/C OI: 0.322
Total OI: 6,756
ATM Options Pricing
ATM Call: $1.38
ATM Put: $1.35
Call %: 4.6%
Put %: 4.5%
Chain Summary
Chain Volume: 698
Chain OI: 6,756
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
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.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
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 →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 39th 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
39%
vs own history
GEX tilt
+0.49
OI-weighted, today
Vanna tilt
+0.51
δ-sensitivity to IV
Charm tilt
-0.64
δ-decay vs time
Vanna tilt +0.51: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.64: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 27 ATM contracts, 1k 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
No data
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
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)76.6HighNov 9
IV Rank (30 DTE)49.9MediumNov 9
Straddle Price (30 DTE)$2.73Nov 9
Beta Analysis
Risk Metrics
Beta: 1.8586
Alpha: -12.29%
Correlation: 0.7352
R-Squared: 54.1%
Stock Volatility: 34.8%
Market Volatility: 13.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
ARKX Institutional Ownership (13F)
Filings for 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.
5 filers$19.18M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $7.40M | 38.59% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $6.76M | 35.27% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $4.71M | 24.57% | 2026-06-30 |
| 4 | Goldman Sachs Group Inc Custodian | $232.02K | 1.21% | 2026-06-30 |
| 5 | Advisory Services Network, LLC Custodian | $68.24K | 0.36% | 2026-06-30 |
3 filers$18.86M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jain Global LLC | $16.02M | 84.92% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $1.60M | 8.48% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $1.25M | 6.60% | 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
166.68K
SI % of Float
0.74%
Days to Cover
1.00
Short Vol Ratio
48.4%
Free Float
—
Float %
—
Short interest 2026-10-15 • Short volume 2026-11-09
ARKX Constituent Performance
Click any bar to view the full quote for that stock.
ARKX Constituents (29 of 30)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| RKLB | ROCKET LAB | 8.90% | $58.86 | +10.91% | +13.04% | -10.42% |
| LHX | L3HARRIS TECHNOLOGIES INC | 8.34% | $271.42 | +4.44% | -2.70% | +13.92% |
| KTOS | KRATOS DEFENSE & SECURITY | 7.75% | $37.69 | +7.38% | -6.31% | -9.44% |
| TER | TERADYNE INC | 7.22% | $246 | +12.73% | -5.75% | -35.91% |
| AVAV | AEROVIRONMENT INC | 6.58% | $126.96 | +12.59% | +3.15% | -3.46% |
| DE | DEERE & CO | 5.28% | $691.28 | +2.92% | +3.55% | +9.27% |
| ACHR | ARCHER AVIATION INC-A | 5.08% | $4.81 | +8.33% | +15.35% | +2.56% |
| PLTR | PALANTIR TECHNOLOGIES INC-A | 4.34% | $169.2 | +5.50% | -5.13% | -19.04% |
| AMD | ADVANCED MICRO DEVICES | 4.16% | $508.58 | +13.26% | +8.94% | -14.42% |
| TRMB | TRIMBLE INC | 4.13% | $54.68 | +1.05% | -16.95% | -8.09% |
| IRDM | IRIDIUM COMMUNICATIONS INC | 3.62% | $45.08 | +2.36% | +3.06% | -4.23% |
| AMZN | AMAZON.COM INC | 3.38% | $266.93 | +2.94% | +8.67% | +2.85% |
| GOOG | ALPHABET INC-CL C | 2.78% | $286.01 | +0.73% | +2.87% | -18.04% |
| NVDA | NVIDIA CORP | 2.53% | $178.67 | -4.27% | -11.58% | -21.05% |
| JOBY | JOBY AVIATION INC | 2.44% | $6.18 | +4.22% | +28.48% | +20.23% |
| SRTA | STRATA CRITICAL MEDICAL INC | 1.78% | $6.05 | +8.81% | +41.36% | +33.26% |
| LUNR | INTUITIVE MACHINES INC | 1.76% | $12.04 | +15.00% | +22.11% | -6.38% |
| BWXT | BWX TECHNOLOGIES INC | 1.65% | $127.99 | +7.09% | -1.90% | -8.53% |
| GRMN | GARMIN LTD | 1.49% | $291.8 | +2.18% | +6.38% | +9.39% |
| ESLT | ELBIT SYSTEMS LTD | 1.48% | $721.93 | +5.76% | -2.77% | +10.41% |
| TDY | TELEDYNE TECHNOLOGIES INC | 1.19% | $643.34 | +4.00% | -2.51% | +4.84% |
| SNPS | SYNOPSYS INC | 1.18% | $466.97 | +3.67% | +0.19% | -7.07% |
| HEI | HEICO CORP | 1.16% | $342.71 | +3.02% | +1.52% | +15.36% |
| DASH | DOORDASH INC - A | 1.14% | $180.96 | +0.72% | -4.79% | -6.84% |
| TSM | TAIWAN SEMICONDUCTOR-SP ADR | 1.04% | $388.62 | +3.51% | -2.51% | -12.54% |
| HON | HONEYWELL INTERNATIONAL INC | 1.03% | $229 | +4.07% | +2.34% | +9.23% |
| AIR | AIRBUS SE | 1.02% | $116.62 | +6.79% | +10.40% | +15.98% |
| PRNT | THE 3D PRINTING ETF | 0.59% | $24.24 | +3.14% | -0.32% | -4.16% |
| LMT | LOCKHEED MARTIN CORP | 0.57% | $588.19 | +3.72% | -8.55% | +14.91% |