BBJP JPMorgan BetaBuilders Japan ETF

ETF 77.31 Delayed

ETF 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.

BBJP $77.31 —
Key stats
$77.31
52-Week Range
$65.72 – $80.52
YTD
+16.48%
IV Rank (30D)
39.15
Straddle Price
$4.00
P/C Vol Ratio
0.00
Open
$77.55
Day Range
$76.94 – $77.61
Volume
1,102,349
Prev Close
$77.09
About

JPMorgan BetaBuilders Japan ETF (BBJP) ETF

No description available.

Exchange
BATS
Inception
2018-06-15
Has Options
Yes
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jul 2026flows, SEC filings
International Equity Single Country#4 of 163 by assets JPMorgan Japan Developed ex-US Index-tracking
Expense ratio
0.19%
issuer, Oct 21, 2026
Assets
$19.2B
issuer-reported, Oct 20, 2026
Trailing yield
4.59%
paid annual
Average daily volume
$89M
30 sessions
Holdings
179
top 10 are 28.8%
Listed
Jun 15, 2018
Cboe BZX
Net asset value
$76.91
issuer, Oct 20, 2026 · closed +0.23% to NAV
30-day SEC yield
1.69%
issuer, Oct 19, 2026
Return on NAV, 1 year
+23.9%
issuer, through Sep 30, 2026 · 3 years +20.4% a year · 5 years +9.3%
Distributions, 12 months
$3.54 a share
issuer, through Dec 23, 2025: 100% income
Closure risk, 12 months
0.1%
low · model
Tracking difference
+1.52 pts
vs index, after fees, FY 2025
FrenzyCap ETF score
92
how it is built
Cost87
Liquidity98
Scale100
Diversification88

Moves with. US large-cap stocks (46% of its variance, beta 1.08); Developed markets ex-US over US (21% of its variance, beta 0.95); Emerging markets over US (8% of its variance, beta 0.17); Value over growth (3% of its variance, beta -0.10). These factors explain 75% of its daily moves over the last year.

Stated objective. The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Japan Target Market Exposure Index SM . (from the fund's prospectus)

All 179 holdingsFlow historySimilar fundsOverlap toolAll Single Country ETFs

Fund flows
daily as of Oct 19, 2026issuer datathrough Jul 2026SEC filings
Oct 19, 2026
$0
latest day
Latest 5 trading days
−$39M
Year to date
−$39M
Each day
Net creations of BBJP by day, Oct 12, 2026 to Oct 19, 2026
DayNet flow
Oct 19, 2026$0
Oct 16, 2026$0
Oct 15, 2026−$39M
Oct 14, 2026$0
Oct 13, 2026$0
Oct 12, 2026$0

Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.

Jul 2026
+$606M
latest reported month
Latest 3 months
+$988M
+5.5% of assets
Latest 12 months
+$2.1B
+11.4% of assets
Aug 2025: −$33MSep 2025: −$160M−$160MSepOct 2025: +$193MNov 2025: +$137MNovDec 2025: −$138MJan 2026: −$116MJanFeb 2026: +$186MMar 2026: +$263MMarApr 2026: +$736M+$736MMay 2026: +$96MMayJun 2026: +$286MJul 2026: +$606MJul
View as a table
Net flows of BBJP by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026+$606M
Jun 2026+$286M
May 2026+$96M
Apr 2026+$736M
Mar 2026+$263M
Feb 2026+$186M
Jan 2026−$116M
Dec 2025−$138M
Nov 2025+$137M
Oct 2025+$193M
Sep 2025−$160M
Aug 2025−$33M

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
FundOverlapFeeAssets1Y
EWJiShares MSCI Japan ETF96%0.49%$23.6B+16.4%compare
DBJPXtrackers MSCI Japan Hedged Equity ETF90%0.45%$719M+30.0%compare
FLJPFranklin FTSE Japan ETF85%0.09%$4.2B+15.5%compare
FLJHFranklin FTSE Japan Hedged ETF84%0.09%$203M+22.4%compare
GSJYGoldman Sachs ActiveBeta Japan Equity ETF81%0.25%$98M+19.8%compare

Ranked by how much of the two portfolios is the same securities.

What changed in the portfolio
Apr 30, 2026 → Jul 31, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
IncreaseKioxia Holdings Corp.0.68%1.72%+130.7%
New positionEbara Corp.—0.28%—
New positionResonac Holdings Corp.—0.28%—
New positionFurukawa Electric Co. Ltd.—0.25%—
New positionJX Advanced Metals Corp.—0.24%—
New positionMitsui Kinzoku Co. Ltd.—0.20%—
ExitSekisui Chemical Co. Ltd.0.12%——
ExitTokyu Corp.0.12%——
ExitTokyo Electric Power Co. Holdings, Inc.0.11%——
ExitMatsukiyoCocokara & Co.0.11%——

0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.7%. Full holdings and history

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
5 active
of 16 with agreements; top 3 did 88%
Created · redeemed
$1.8B · $1.6B
over the fiscal year
Redemptions in kind
99%
creations 98% in kind
Creation unit
100,000
shares
Securities lending
0.75%
of assets on loan on average; earned 0.4 bp
Return vs index
+1.52 pts
after fees; +1.76 before; daily s.d. 0.24

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 2026-10-21
Holdings
179
AUM
$19.2B
Provider
JPMorgan
Inception
2018-06-15
Exchange
BATS
Data As Of
2026-10-21
Expense Ratio
0.19%
Dividend Yield
4.58%
Distribution
Annual
Recent distributions
Ex-Date Pay Date Amount Type
2025-12-23 2025-12-26 $3.5370 CD
2024-12-24 2024-12-27 $1.5347 CD
2023-12-19 2023-12-22 $1.6015 CD
2022-12-20 2022-12-23 $0.6803 CD
2021-12-21 2021-12-27 $1.5902 CD
Asset Allocation
Top Holdings
top 50 of 179 holdings
Symbol Name Weight % Asset Class Country
— MITSUBISHI UFJ FINANCIAL 4.40% Equity (Foreign) JP
— TOYOTA MOTOR CORP COMMON 3.56% Equity (Foreign) JP
— HITACHI LTD COMMON STOCK 2.99% Equity (Foreign) JP
— RECRUIT HOLDINGS CO LTD 2.97% Equity (Foreign) JP
— ADVANTEST CORP COMMON 2.86% Equity (Foreign) JP
— SUMITOMO MITSUI 2.78% Equity (Foreign) JP
— SONY GROUP CORP COMMON 2.65% Equity (Foreign) JP
— TOKYO ELECTRON LTD 2.54% Equity (Foreign) JP
— MIZUHO FINANCIAL GROUP 2.18% Equity (Foreign) JP
— MITSUBISHI CORP COMMON 1.97% Equity (Foreign) JP
— SOFTBANK GROUP CORP 1.92% Equity (Foreign) JP
— ITOCHU CORP COMMON STOCK 1.83% Equity (Foreign) JP
— TOKIO MARINE HOLDINGS 1.80% Equity (Foreign) JP
— KEYENCE CORP COMMON 1.72% Equity (Foreign) JP
— FAST RETAILING CO LTD 1.62% Equity (Foreign) JP
— KIOXIA HOLDINGS CORP 1.55% Equity (Foreign) JP
— MITSUI & CO LTD COMMON 1.45% Equity (Foreign) JP
— MITSUBISHI HEAVY 1.42% Equity (Foreign) JP
— MURATA MANUFACTURING CO 1.39% Equity (Foreign) JP
— SHIN-ETSU CHEMICAL CO 1.24% Equity (Foreign) JP
— TAKEDA PHARMACEUTICAL CO 1.15% Equity (Foreign) JP
— NINTENDO CO LTD COMMON 1.14% Equity (Foreign) JP
— MITSUBISHI ELECTRIC CORP 1.12% Equity (Foreign) JP
— HOYA CORP COMMON STOCK 1.01% Equity (Foreign) JP
— PANASONIC HOLDINGS CORP 0.99% Equity (Foreign) JP
— KDDI CORP COMMON STOCK 0.95% Equity (Foreign) JP
— JAPAN TOBACCO INC COMMON 0.94% Equity (Foreign) JP
— SUMITOMO CORP COMMON 0.93% Equity (Foreign) JP
— MARUBENI CORP COMMON 0.92% Equity (Foreign) JP
— FUJITSU LTD COMMON STOCK 0.88% Equity (Foreign) JP
— FUJIKURA LTD COMMON 0.82% Equity (Foreign) JP
— HONDA MOTOR CO LTD 0.80% Equity (Foreign) JP
— SOFTBANK CORP COMMON 0.79% Equity (Foreign) JP
— NEC CORP COMMON STOCK 0.78% Equity (Foreign) JP
— DAIICHI LIFE GROUP INC 0.75% Equity (Foreign) JP
— MS&AD INSURANCE GROUP 0.73% Equity (Foreign) JP
— ORIX CORP COMMON STOCK 0.73% Equity (Foreign) JP
— KOMATSU LTD COMMON STOCK 0.71% Equity (Foreign) JP
— SUMITOMO ELECTRIC 0.71% Equity (Foreign) JP
— SOMPO HOLDINGS INC 0.70% Equity (Foreign) JP
— DAIKIN INDUSTRIES LTD 0.67% Equity (Foreign) JP
— OTSUKA HOLDINGS CO LTD 0.67% Equity (Foreign) JP
— TDK CORP COMMON STOCK 0.63% Equity (Foreign) JP
— JAPAN POST BANK CO LTD 0.62% Equity (Foreign) JP
— TOYOTA TSUSHO CORP 0.61% Equity (Foreign) JP
— FANUC CORP COMMON STOCK 0.59% Equity (Foreign) JP
— RENESAS ELECTRONICS CORP 0.58% Equity (Foreign) JP
— AJINOMOTO CO INC COMMON 0.57% Equity (Foreign) JP
— DAIICHI SANKYO CO LTD 0.57% Equity (Foreign) JP
— RESONA HOLDINGS INC 0.56% Equity (Foreign) JP
Geographic Breakdown
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan0.43%-4.17%7.09%4.19%1.88%5.33%2.46%
Feb1.03%-1.61%-4.81%3.23%1.28%7.76%1.15%
Mar-1.11%-0.69%4.74%1.76%-0.74%-6.44%-0.41%
Apr-2.47%-8.57%-0.04%-4.04%4.84%2.63%-1.28%
May0.60%1.69%0.84%2.79%4.13%5.15%2.53%
Jun-0.41%-7.26%2.81%-1.16%0.55%-0.05%-0.92%
Jul-0.55%5.81%2.23%4.74%-0.98%-1.04%1.70%
Aug1.09%-5.79%-1.55%6.40%5.70%3.19%1.51%
Sep1.00%-7.62%-2.94%1.01%2.58%2.05%-0.65%
Oct-2.31%0.22%-1.24%-5.07%3.93%-1.40%*-0.98%
Nov-4.55%10.69%4.26%2.40%-0.48%--2.46%
Dec0.22%-4.24%-0.28%-5.99%-3.49%---2.76%
Total-6.97%-21.02%10.98%9.77%20.49%17.69%5.16%
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: $78.21
SMA 50: $78.15
SMA 200: $74.16
Current: $77.31
EMA 12: $77.68
EMA 26: $77.99
MACD: -0.3104 | Signal: -0.2446
BEARISH
ADX (14): 10.33
RANGE
+DI: 26.41
−DI: 33.06

Momentum Oscillators

RSI (14): 45.10
NEUTRAL
Stoch %K: 19.35
Stoch %D: 15.72
Williams %R: -74.39

Volume & Volatility

BB Upper: $80.25
BB Lower: $76.18
NEUTRAL
OBV: 37,368,924
Vol SMA 20: 1,235,366
Vol ROC: 50.80%
ATR: $0.99
True Range: $0.67
HV 20: 14.9%
HV 30: 16.1%
HV 60: 18.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Stock Analysis Report: BBJP

JPMorgan BetaBuilders Japan ETF

Executive Summary

Overall Assessment: NEUTRAL (Confidence: 6/10)

BBJP is a passively managed Japan equity ETF experiencing conflicting signals. The fund is trading slightly below its 20-day moving average ($77.09 vs $78.26 SMA20) in a consolidation range, with momentum indicators showing neither clear bullish nor bearish conviction. While technical indicators suggest indecision (RSI 43.43 = neutral, ADX 10.26 = weak trend), positive sentiment from recent Zacks articles on competing Japan ETFs and strong fund inflows (+$2.1B annually, +11.4% of assets) indicate institutional confidence in Japan equity exposure. The key tension: technical weakness contradicted by fundamental fund flows and sector sentiment.

Key Drivers:

  • Institutional accumulation: +$606M (latest month), +$988M (3-month), +$2.1B (12-month)
  • Cheap fee structure (0.19% vs 0.59% category median) attracting capital
  • Diversified exposure to Japan's largest companies (179 positions, top 10 = 28.8%)
  • Positive sector sentiment on Japan ETFs despite technical consolidation

Primary Risks:

  • Weak trend strength (ADX 10.26 indicates range-bound market, not trending)
  • Bearish MACD (-0.30 vs -0.29 signal, histogram near zero = weak momentum)
  • Elevated implied volatility premium (45.7% above realized) suggests options market pricing defensive positioning
  • Volume declining (-43.1% rate of change) = institutional interest fading or consolidating
  • Above-average beta (1.15) = downside amplification if market declines

Investment Thesis: BBJP represents a passive, low-cost vehicle to Japan equity exposure with strong capital inflows indicating institutional adoption. However, the fund is consolidating after recent moves, with technical indicators showing neither momentum nor clear directional conviction. Near-term investors should await a technical breakout above $80.26 (upper Bollinger Band) or defend the $76.27 support level; medium-term positioning appears supported by fund flows and relative cheapness versus peer ETFs.

Technical Analysis

Trend Direction

Short-term (1-4 weeks): CONSOLIDATION/WEAK DOWNTREND

  • Price ($77.09) trading below SMA20 ($78.26) and SMA50 ($78.16) = bearish signal
  • Price trading above SMA200 ($74.11) = long-term uptrend intact
  • EMA12 ($77.74) above EMA26 ($78.04) = slight bearish slope but very tight
  • Interpretation: Short-term weakness within a longer-term uptrend; classic consolidation pattern

Medium-term (1-3 months): RANGE-BOUND

  • ADX (14) = 10.26 = VERY WEAK TREND (below 25 = no directional bias)
  • +DI (26.32) > -DI (34.75) = slight bearish tilt despite low ADX
  • Price anchored between $76.27 (lower Bollinger) and $80.26 (upper Bollinger) = 5.10 width = normal/neutral range

Long-term (3-12 months): BULLISH (ABOVE 200-DMA)

  • Price above 200-day MA ($74.11) indicates primary uptrend
  • Distance from 200-DMA: +$2.98 (+4.0%) = healthy above-trend positioning
  • Fund flows (+$2.1B YTD) suggest institutional commitment to uptrend

Support/Resistance Levels

| Level | Type | Proximity | Significance | |-------|------|-----------|--------------| | $80.26 | Upper Bollinger Band / Resistance | +$3.17 (+4.1%) | Breakout threshold; technical resistance | | $78.26 | SMA20 / Resistance | +$1.17 (+1.5%) | Short-term trend line; immediate overhead | | $77.74 | EMA12 | +$0.65 (+0.8%) | Intra-day support forming | | $76.27 | Lower Bollinger Band / Support | -$0.82 (-1.1%) | Major support; mean reversion floor | | $74.11 | SMA200 / Support | -$2.98 (-3.9%) | Long-term support; institutional buying zone |

Support/Resistance Assessment: The fund is consolidating within a tight Bollinger Band range (5.10 width). A break above $80.26 would signal breakout momentum; a break below $76.27 would test the 200-DMA at $74.11.

Momentum Signals

RSI (14): 43.43 — NEUTRAL

  • Reading between 30-70 zone = no overbought/oversold condition
  • Positioned in lower-neutral territory (43 vs 50 midpoint) = slight bearish undertone
  • Signal: Momentum fading but not yet capitulation; room for both upside and downside

MACD: -0.30 (12/26 EMA) vs Signal -0.29 — BEARISH, BUT WEAK

  • Histogram: -0.00 = essentially ZERO, indicating crossover is imminent
  • Negative MACD below signal line = bearish, but separation tiny (<1% divergence)
  • Signal: Bearish momentum present but losing conviction; potential for bullish crossover if price stabilizes above $77.50

Stochastic Oscillators: %K 14.18, %D 12.96 — SEVERELY OVERSOLD

  • Both readings far below 20 = extreme oversold condition (normally <20 = oversold, >80 = overbought)
  • %K below %D = bearish crossover signal
  • Signal: Contrarian buy signal; extreme oversold readings often precede reversals
  • Caveat: On range-bound consolidation, oversold readings can persist without reversal

Williams %R: -79.49 — BEARISH

  • Reading near -100 = price at lower end of 14-period range
  • Signal: Confirms short-term weakness and consolidation at lows of recent range

Bollinger Bands Position: NEUTRAL CONSOLIDATION

  • Price near middle band ($78.26) = mean reversion zone
  • Width (5.10) = normal (neither squeeze nor extreme expansion)
  • Signal: No squeeze breakout imminent; classic consolidation pattern

Volume Analysis

Volume Metrics:

  • Volume SMA20: 1,219,170 shares
  • Volume Rate of Change: -43.10% = SIGNIFICANT DECLINE
  • On-Balance Volume: 35,936,933 = cumulative buying pressure indicator
  • Interpretation: Volume declining sharply suggests institutional accumulation pausing or consolidating positions

Institutional Interest Signals:

  • Declining volume despite positive fund flows = passive fund rebalancing, not active buying
  • -43% volume decline = retail/active interest waning; classic pre-breakout consolidation
  • OBV at elevated level (35.9M) but not rising with price = divergence = caution signal

Assessment: Volume weakness contradicts bullish thesis from fund flows. This suggests accumulation is institutional-passive (via fund inflows) rather than active buying. A volume spike above the SMA20 on either side (up or down) could trigger a technical breakout.

News & Sentiment Analysis

Recent Headlines Summary

Headlines Analysis (Note: Data Quality Issue—See Flag Below):

The recent news landscape is dominated by Zacks Investment Research articles comparing competing Japan ETFs:

  1. 2026-10-06: WisdomTree Japan SmallCap Dividend ETF (DFJ) rated POSITIVE
  2. 2026-09-21: First Trust Japan AlphaDEX ETF (FJP) rated POSITIVE
  3. 2026-09-03: WisdomTree Japan Opportunities Fund (OPPJ) rated POSITIVE
  4. 2024-06-14: WisdomTree Japan SmallCap Dividend ETF (DFJ) rated NEUTRAL
  5. 2024-05-31: Central Banks June meeting / rate cut timing rated NEUTRAL
  6. 2024-05-21: WisdomTree Japan Hedged Equity ETF (DXJ) rated NEUTRAL

**Key

Generated
News
All BBJP news →

BBJP Options Activity & IV Rank

BBJP IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 22.5%
7-DTE IV: —
Expected Move: $4.00
7-DTE Move: $4.00
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 1
Put Volume: 0
P/C Volume: —
BULLISH
Call OI: 1
Put OI: 0
P/C OI: —
Total OI: 1

ATM Options Pricing

ATM Call: $2.33
ATM Put: $1.68
Call %: 3.0%
Put %: 2.2%

Chain Summary

Chain Volume: 12
Chain OI: 14
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

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.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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 side

Which 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
as of Oct 21 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 22.6% / Wing —

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)39.1MediumOct 21
Straddle Price (30 DTE)$4.00Oct 21
Beta Analysis

Risk Metrics

Beta: 1.1448
Alpha: -2.31%
Correlation: 0.6968
R-Squared: 48.6%
Stock Volatility: 20.9%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time

BBJP Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional 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.

284 filers161,501,522 shares$12.15B value
# Filer Shares Value % of Total % of Float Period
1 JPMorgan Chase & Co Custodian 137,197,754 $10.32B 84.94% — 2026-06-30
2 Morgan Stanley Custodian 4,727,826 $356.05M 2.93% — 2026-06-30
3 Investure, LLC 3,287,302 $247.57M 2.04% — 2026-06-30
4 Cerity Partners OCIO LLC 2,335,864 $175.91M 1.45% — 2026-06-30
5 Bank of America Corp Custodian 1,807,528 $136.12M 1.12% — 2026-06-30
6 1607 Capital Partners, LLC 1,016,000 $76.51M 0.63% — 2026-06-30
7 Pennsylvania State University 963,675 $75.65M 0.62% — 2026-09-30
8 AllianceBernstein L.P. 1,004,358 $69.21M 0.57% — 2026-06-30
9 Mirae Asset Global Investments Co., Ltd. 788,684 $59.40M 0.49% — 2026-06-30
10 HighTower Advisors, LLC 692,131 $52.12M 0.43% — 2026-06-30
11 UBS Group AG Custodian 638,236 $48.07M 0.40% — 2026-06-30
12 LPL Financial LLC Custodian 460,698 $34.70M 0.29% — 2026-06-30
13 Southern Farm Bureau Life Insurance 384,185 $30.18M 0.25% — 2026-09-30
14 Korea Investment CORP 347,682 $26.18M 0.22% — 2026-06-30
15 SENTINEL TRUST CO LBA 249,000 $18.75M 0.15% — 2026-06-30
16 Birch Hill Investment Advisors LLC 221,042 $17.35M 0.14% — 2026-09-30
17 Jacobi Capital Management LLC 208,007 $15.66M 0.13% — 2026-06-30
18 Karpus Management, Inc. 204,173 $15.38M 0.13% — 2026-06-30
19 Summit Trail Advisors, LLC 203,682 $15.34M 0.13% — 2026-06-30
20 Eldridge Investment Advisors, Inc. 183,086 $13.79M 0.11% — 2026-06-30
21 3EDGE Asset Management, LP 177,270 $13.35M 0.11% — 2026-06-30
22 PGIM Custom Harvest LLC 164,332 $12.38M 0.10% — 2026-06-30
23 Avidian Wealth Enterprises, LLC 146,725 $11.52M 0.09% — 2026-09-30
24 Ameriprise Financial, Inc. Custodian 143,513 $10.81M 0.09% — 2026-06-30
25 Goldman Sachs Group Inc Custodian 133,715 $10.07M 0.08% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
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
175.93K
SI % of Float
0.07%
Days to Cover
1.00
Short Vol Ratio
49.5%
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