Zacks Investment ResearchT3·2d ago
CIBR First Trust Exchange-Traded Fund II First Trust NASDAQ Cybersecurity ETF
ETF 102.81 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.
CIBR
$102.81
—
Key stats
$102.81
- 52-Week Range
- $60.07 – $110.68
- YTD
- +45.46%
- IV Rank (30D)
- 53.73
- Straddle Price
- $7.32
- P/C Vol Ratio
- 0.61
- Open
- $102.88
- Day Range
- $101.74 – $104.26
- Volume
- 2,733,131
- Prev Close
- $103.13
About
First Trust Exchange-Traded Fund II First Trust NASDAQ Cybersecurity ETF (CIBR) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2015-07-06
- Has Options
- Yes
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jun 2026flows, SEC filings
- Expense ratio
- 0.58% prospectus, filed Jan 28, 2026
- Assets
- $17.3B issuer-reported, Oct 20, 2026
- Trailing yield
- 0.38% paid quarterly
- Average daily volume
- $212M 30 sessions
- Holdings
- 47 top 10 are 56.3%
- Listed
- Jul 6, 2015 Nasdaq
- Last fee change
- -1 bp filed Jan 28, 2026
- Net asset value
- $100.37 issuer, Oct 20, 2026
- 30-day SEC yield
- 0.00% issuer, Sep 30, 2026
Cost45
Liquidity100
Scale100
Diversification51
Moves with. US large-cap stocks (18% of its variance, beta 0.86); Value over growth (10% of its variance, beta -0.45); Developed markets ex-US over US (4% of its variance, beta -0.40). These factors explain 34% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. The First Trust Nasdaq Cybersecurity ETF (the Fund ) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Nasdaq CTA Cybersecurity TM Index (the Index ). (from the fund's prospectus)
All 47 holdingsFlow historySimilar fundsOverlap toolAll Cybersecurity ETFs
Fund flows
through Jun 2026SEC filings- Jun 2026
- +$19M latest reported month
- Latest 3 months
- +$217M +1.6% of assets
- Latest 12 months
- +$1.6B +11.6% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$19M |
| May 2026 | +$219M |
| Apr 2026 | −$22M |
| Mar 2026 | +$17M |
| Feb 2026 | −$167M |
| Jan 2026 | +$244M |
| Dec 2025 | −$23M |
| Nov 2025 | +$71M |
| Oct 2025 | +$305M |
| Sep 2025 | +$100M |
| Aug 2025 | +$635M |
| Jul 2025 | +$203M |
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 | |
|---|---|---|---|---|---|
| HAKYAmplify HACK Cybersecurity Covered Call ETF | 58% | 0.65% | $12M | — | compare |
| HACKAmplify Cybersecurity ETF | 56% | 0.60% | $3.3B | +40.9% | compare |
| XACorgi AI Cybersecurity ETF | 53% | 0.35% | $7.8M | — | compare |
| WCBRWisdomTree Cybersecurity Fund | 49% | 0.45% | $103M | +44.9% | compare |
| PSWDXtrackers Cybersecurity Select Equity ETF | 45% | 0.20% | $8.9M | +26.6% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 20, 2026issuer data- Holdings vs fair value
- +2.3% 46% under, 27% over · 96% covered
- Price / earnings
- 49.0 17% loss-making · 94% covered
- Price / book · sales
- 8.9 · 6.2 revenue growth +15.9%
- Above 200-day average
- 81% 63% above 50-day · by weight
- Short interest
- 3.9% of float, weighted · 3.0 days to cover
- Insider buying
- 1% of weight had net insider buying, 90 days; 82% net selling
- 13F holders
- +2.7% change in shares held by institutions, latest quarter
- Reporting earnings
- 22.8% of weight in 7 days; 43.5% in 14
Holdings reporting in the next 14 days · weighted implied move this week 2.33%
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
Mar 31, 2026 → Jun 30, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Decrease | FTNTFORTINET INC | 7.40% | 8.85% | −12.0% |
| Decrease | PANWPALO ALTO NETWORKS INC | 8.46% | 9.62% | −26.1% |
| Increase | BBBLACKBERRY LTD | 0.49% | 1.55% | +10.9% |
| Increase | RBRKRUBRIK INC | 1.74% | 2.67% | +29.3% |
| Increase | ZSZSCALER INC | 3.65% | 3.04% | +14.6% |
| Increase | ACCENTURE PLC | 1.87% | 1.32% | +56.0% |
| Decrease | OTEXOPEN TEXT CORP | 1.26% | 0.76% | −15.7% |
| Increase | ANETARISTA NETWORKS INC | 1.81% | 2.12% | +17.0% |
| Decrease | NTAPNETAPP INC | 2.03% | 1.76% | −20.6% |
| Increase | MSFTMICROSOFT CORP | 1.85% | 1.65% | +21.9% |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.6%. Full holdings and history
ETF Profile
holdings as of 2026-10-20
Holdings
47
AUM
$17.3B
Provider
First Trust
Inception
2015-07-06
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.58%
Dividend Yield
0.38%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-24 | 2026-09-30 | $0.0029 | CD |
| 2026-06-25 | 2026-06-30 | $0.0721 | CD |
| 2026-03-26 | 2026-03-31 | $0.1098 | CD |
| 2025-12-12 | 2025-12-31 | $0.2084 | CD |
| 2025-09-25 | 2025-09-30 | $0.0006 | CD |
| 2025-06-26 | 2025-06-30 | $0.0898 | CD |
Asset Allocation
Top Holdings
top 47 of 47 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| FTNT | Fortinet, Inc. | 7.96% | Equity (US) | US |
| CRWD | CrowdStrike Holdings, Inc. (Class A) | 7.84% | Equity (US) | US |
| CSCO | Cisco Systems, Inc. | 7.69% | Equity (US) | US |
| AVGO | Broadcom Inc. | 7.19% | Equity (US) | US |
| PANW | Palo Alto Networks, Inc. | 7.09% | Equity (US) | US |
| OKTA | Okta, Inc. | 4.21% | Equity (US) | US |
| ZS | Zscaler, Inc. | 3.97% | Equity (US) | US |
| NET | Cloudflare, Inc. (Class A) | 3.81% | Equity (US) | US |
| FFIV | F5, Inc. | 3.80% | Equity (US) | US |
| RBRK | Rubrik, Inc. (Class A) | 2.76% | Equity (US) | US |
| ACN | Accenture plc | 2.51% | Equity (Foreign) | IE |
| DT | Dynatrace, Inc. | 2.32% | Equity (US) | US |
| NTAP | NetApp, Inc. | 2.26% | Equity (US) | US |
| DDOG | Datadog, Inc. (Class A) | 2.15% | Equity (US) | US |
| INFY | Infosys Limited (ADR) | 2.09% | Equity (Foreign) | IN |
| MSFT | Microsoft Corporation | 2.09% | Equity (US) | US |
| IBM | International Business Machines Corporation | 2.06% | Equity (US) | US |
| GOOGL | Alphabet Inc. (Class A) | 2.00% | Equity (US) | US |
| CHKP | Check Point Software Technologies Ltd. | 1.96% | Equity (Foreign) | IL |
| ANET | Arista Networks, Inc. | 1.84% | Equity (US) | US |
| FROG | JFrog Ltd. | 1.84% | Equity (US) | US |
| — | Thales S.A. | 1.82% | Equity (Foreign) | FR |
| LDOS | Leidos Holdings, Inc. | 1.81% | Equity (US) | US |
| GEN | Gen Digital Inc. | 1.74% | Equity (US) | US |
| AKAM | Akamai Technologies, Inc. | 1.73% | Equity (US) | US |
| ESTC | Elastic N.V. | 1.49% | Equity (US) | US |
| BAH | Booz Allen Hamilton Holding Corporation | 1.28% | Equity (US) | US |
| S | SentinelOne, Inc. (Class A) | 1.20% | Equity (US) | US |
| — | Trend Micro Incorporated | 0.96% | Equity (Foreign) | JP |
| BB | BlackBerry Ltd. | 0.93% | Equity (Foreign) | CA |
| QLYS | Qualys, Inc. | 0.92% | Equity (US) | US |
| CVLT | Commvault Systems, Inc. | 0.91% | Equity (US) | US |
| SAIC | Science Applications International Corporation | 0.86% | Equity (US) | US |
| VRNS | Varonis Systems, Inc. | 0.84% | Equity (US) | US |
| — | Open Text Corporation | 0.78% | Equity (Foreign) | CA |
| NTSK | Netskope, Inc. (Class A) | 0.66% | Equity (US) | US |
| TENB | Tenable Holdings, Inc. | 0.62% | Equity (US) | US |
| FSLY | Fastly, Inc. (Class A) | 0.47% | Equity (US) | US |
| NTCT | NetScout Systems, Inc. | 0.39% | Equity (US) | US |
| ATEN | A10 Networks, Inc. | 0.27% | Equity (US) | US |
| ZD | Ziff Davis, Inc. | 0.25% | Equity (US) | US |
| — | US Dollar | 0.21% | Cash/Money Market | — |
| RDWR | Radware Ltd. | 0.14% | Equity (Foreign) | IL |
| RPD | Rapid7, Inc. | 0.13% | Equity (US) | US |
| OSPN | OneSpan Inc. | 0.11% | Equity (US) | US |
| — | Atos Group | 0.09% | Equity (Foreign) | FR |
| — | Canadian Dollar | 0.00% | Cash/Money Market | CA |
Geographic Breakdown
Non-Equity Breakdown
First Trust Nasdaq Cybersecurity ETF ·
NPORT-P period 2026-06-30
(filed 2026-08-21)
Net assets:
$13.84B
· 44 total positions
· equity 99.64%
· non-equity 1.98%
Non-equity holdings
— 2 positions,
1.98% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Repurchase agreement | 1.59% | $219.5M | 1 |
| Short-term investment | 0.39% | $54.0M | 1 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.87% | -8.22% | 4.96% | 6.17% | 6.04% | -2.29% | 1.25% |
| Feb | -5.65% | 5.00% | -0.67% | 2.00% | -1.65% | -9.60% | -1.76% |
| Mar | -3.99% | 5.29% | 4.01% | -2.46% | -3.70% | -1.14% | -0.33% |
| Apr | 3.87% | -11.60% | -6.49% | -3.85% | 4.75% | 6.81% | -1.08% |
| May | 1.67% | -11.11% | 11.55% | -1.17% | 7.81% | 29.49% | 6.37% |
| Jun | 5.74% | -5.43% | 3.39% | 6.88% | 4.18% | -4.57% | 1.70% |
| Jul | 4.79% | 2.43% | 3.54% | -1.71% | -2.32% | 0.48% | 1.20% |
| Aug | 4.65% | 1.47% | -0.82% | 9.44% | 2.25% | 6.64% | 3.94% |
| Sep | -5.71% | -6.73% | -3.81% | 2.16% | 5.09% | 7.16% | -0.31% |
| Oct | 9.31% | 5.38% | -2.13% | 3.03% | 1.03% | -0.93%* | 2.61% |
| Nov | -3.88% | -0.97% | 11.40% | 4.85% | -4.72% | -- | 1.34% |
| Dec | 5.58% | -7.88% | 7.00% | -0.49% | -1.84% | -- | 0.47% |
| Total | 17.04% | -29.73% | 34.76% | 26.73% | 17.19% | 31.11% | 16.18% |
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: $104.03
SMA 50: $100.26
SMA 200: $82.19
Current: $102.81
EMA 12: $103.07
EMA 26: $102.61
MACD: 0.4555 | Signal: -0.7544
BULLISH
ADX (14): 20.09
WEAK TREND
+DI: 24.26
−DI: 25.24
Momentum Oscillators
RSI (14): 50.66
NEUTRAL
Stoch %K: 32.01
Stoch %D: 23.11
Williams %R: -62.46
Volume & Volatility
BB Upper: $109.94
BB Lower: $98.13
NEUTRAL
OBV: 48,603,212
Vol SMA 20: 2,212,036
Vol ROC: 52.89%
ATR: $2.86
True Range: $2.52
HV 20: 31.5%
HV 30: 33.0%
HV 60: 34.9%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
CIBR (iShares Cybersecurity ETF) - Comprehensive Stock Analysis Report
Executive Summary
Overall Assessment: BULLISH with Confidence Level: 7/10
CIBR presents a moderately bullish case supported by strong uptrend mechanics and positive news momentum, though near-term overbought conditions warrant caution. The ETF is trading $110.00, significantly above all major moving averages (SMA 200: $80.80, SMA 50: $99.23, SMA 20: $103.44), demonstrating sustained upward momentum in the cybersecurity sector. Positive sentiment around AI-driven cybersecurity solutions and CrowdStrike collaboration initiatives align well with technical strength.
Key Drivers:
- Sustained uptrend across all timeframes with price 36% above 200-day MA
- Positive news sentiment clustered around AI safety and cybersecurity convergence themes
- Strong momentum indicators (MACD +2.30 histogram, RSI 69.20)
- Volume rate of change +62.45% indicating institutional accumulation
Primary Risks:
- Overbought technical conditions (RSI 69.20, Stochastic 81.80)
- Weak trend strength (ADX 24.64) despite strong directional bias
- Put/call volume ratio 1.43 suggesting defensive positioning
- IV premium at -8.5% below realized volatility (compression risk)
Investment Thesis: CIBR benefits from structural tailwinds in AI-enhanced cybersecurity demand, with positive analyst commentary and sector momentum supporting current valuation. However, overbought technicals suggest near-term consolidation risk before continuation higher. Position sizing should reflect elevated volatility (29% stock vol, 32.4% HV60) and current overbought state.
Recent News Sentiment Impact: Overwhelmingly positive (5 of 6 headlines positive/neutral). The clustering of recent positive news around "AI entering next phase" and "AI safety concerns" directly correlates with the 36% YTD outperformance versus the broader market, supporting the technical uptrend.
Technical Analysis
Trend Direction
Short-term (1-4 weeks): BULLISH
- Price at $110.00 trading 6.4% above SMA 20 ($103.44)
- EMA 12 ($105.25) above EMA 26 ($102.49) confirming uptrend
- MACD in strong bullish configuration (+2.75 vs signal +0.46, histogram +2.30)
- Stochastic readings (81.80 %K, 82.77 %D) near overbought but haven't crossed down yet
Medium-term (1-3 months): BULLISH
- Price at $110.00 trading 10.9% above SMA 50 ($99.23)
- Consistent higher lows pattern preserved
- ADX 24.64 indicates trend is present but losing steam (approaching threshold for trend strength)
Long-term (3-12 months): STRONGLY BULLISH
- Price at $110.00 trading 36.1% above SMA 200 ($80.80)
- Extended uptrend established over multiple months
- No technical breakdown observed in major support levels
Support/Resistance Levels
Immediate Support (Stop-Loss Range):
- Primary Support: $108.86 (Upper Bollinger Band current level, recently held)
- Secondary Support: $103.44 (SMA 20 - tactical pullback target)
- Tertiary Support: $99.23 (SMA 50 - intermediate pullback level)
Resistance Levels (Breakout Targets):
- Near-term Resistance: $112-113 (Psychological round numbers + recent highs)
- Medium-term Resistance: $115-120 (Extrapolated from 36-month trend line)
- Key Level to Confirm Breakout: $108.86 (Current upper Bollinger Band - breakout above requires 1-2% move)
Critical Observation: Price is currently trading above all major moving averages in proper bullish alignment (20 > 50 > 200), suggesting structural uptrend intact.
Momentum Signals
RSI (14): 69.20 - NEUTRAL/WATCH
- Technically in neutral zone (below 70 overbought threshold), but elevated on the scale (69 is near saturation)
- Interpretation: Room to run higher before formal overbought condition, but little margin for error
- Bullish signal: RSI hasn't rolled over despite price at significant heights
- Risk: Sharp pullback likely if RSI crosses above 70 and reverses
MACD: STRONGLY BULLISH
- MACD line (+2.75) trading significantly above signal line (+0.46)
- Histogram at +2.30 (positive and expanding) indicating accelerating upward momentum
- Signal Quality: This is a high-conviction bullish signal - no bearish crossover in sight
- Interpretation: Momentum is not just positive but strengthening, suggesting continuation potential
Stochastic Oscillators: OVERBOUGHT WARNING
- %K at 81.80, %D at 82.77 (both above 80 = overbought territory)
- Both lines moving together horizontally, not yet rolling over
- Caution: When both K and D lines are elevated and move together, reversal often follows within 1-5 trading days
- Historical pattern: Stochastic at these levels frequently triggers 2-5% pullbacks before continuing higher
Bollinger Bands: OVERBOUGHT SIGNAL
- Price at $110.00 trading above upper band ($108.86) - outside the band
- Upper band at $108.86, middle at $103.44, lower at $98.02
- Band width of $10.48 indicates moderate volatility expansion
- Interpretation: Price extended above bands suggests strong momentum but also mean reversion risk
- Mean reversion target if pullback occurs: $103.44 (middle band/SMA 20)
Williams %R: -1.18 - EXTREME OVERBOUGHT
- Reading of -1.18 (on -100 to 0 scale) is near the extreme upper bound
- Confirms the overbought condition signaled by other oscillators
- This level suggests a pullback is statistically more likely than continuation in next 2-3 days
Volume Analysis
Volume Rate of Change: +62.45% - STRONG POSITIVE SIGNAL
- Volume 62% above 20-day average (1.97M shares) indicating institutional accumulation
- Interpretation: Significant buying pressure, not just retail interest
- This level of volume expansion typically precedes major breakouts or confirms trend strength
- Bullish implication: Institutions adding positions on strength suggests confidence in further upside
On-Balance Volume (OBV): 61,256,291.90
- OBV in positive territory and rising alongside price
- Confirms uptrend is supported by volume (not a fake-out move)
- Quality check: Price above MA + OBV rising = high-quality uptrend
Volume SMA 20: 1,973,658.80
- Current volume running significantly above this average
- Sustained elevated volume indicates institutional interest is real and persistent
Volume Interpretation: The +62.45% volume surge combined with rising OBV and price at new levels represents high-quality uptrend confirmation. This is NOT a thin, retail-driven move. Institutional accumulation is supporting the technical advance.
News & Sentiment Analysis
Recent Headlines Summary (Last 6 Articles)
-
"AI Is Entering Its Next Phase. These 5 ETFs Could Benefit" (Motley Fool, Oct 6, 2026)
- Theme: Sector tailwind - CIBR likely featured as AI beneficiary
- Timing: Most recent; directly relevant to ETF positioning
- Impact: Attracts new capital flows into cybersecurity ETFs
-
"Agentic AI Safety Boom: 3 ETF Areas Set to Benefit" (Zacks, Sept 30, 2026)
- Theme: Safety-focused AI creating demand for cybersecurity infrastructure
- Implication: Secular growth driver for CIBR holdings
- Relevance: Strong alignment with current technical strength
-
"Time to Boost Cybersecurity ETF Exposure as AI Safety Concerns Rise" (Zacks, Sept 15, 2026)
- Theme: Regulatory/safety concerns
Generated
News
All CIBR news →
The Motley FoolT3·16d ago
Zacks Investment ResearchT3·22d ago
Zacks Investment ResearchT3·1mo ago
BenzingaT3·4mo ago
BenzingaT3·5mo ago
BenzingaT3·5mo ago
BenzingaT3·5mo ago
BenzingaT3·6mo ago
BenzingaT3·6mo ago
Showing 1–10 of 50
Page 1 of 5
CIBR Options Activity & IV Rank
CIBR IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 31.5%
7-DTE IV: —
Expected Move: $7.32
7-DTE Move: $7.32
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 365
Put Volume: 223
P/C Volume: 0.611
BULLISH
Call OI: 7,449
Put OI: 2,414
P/C OI: 0.324
Total OI: 9,863
ATM Options Pricing
ATM Call: $2.65
ATM Put: $4.67
Call %: 2.6%
Put %: 4.5%
Chain Summary
Chain Volume: 2,378
Chain OI: 15,395
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
HIGH γ vs HISTORY
Estimated net dealer gamma is at the 82nd percentile of this name's own daily history, near the high end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
82%
vs own history
GEX tilt
+0.59
OI-weighted, today
Vanna tilt
+0.66
δ-sensitivity to IV
Charm tilt
-0.73
δ-decay vs time
Vanna tilt +0.66: 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?
· 38 ATM contracts, 10k 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 30.3% / 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
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Volatility Smile
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IV Rank (7 DTE)
IV Rank (30 DTE)53.7MediumOct 22
Straddle Price (30 DTE)$7.32Oct 22
Beta Analysis
Risk Metrics
Beta: 1.1587
Alpha: 17.55%
Correlation: 0.4959
R-Squared: 24.6%
Stock Volatility: 29.8%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time
CIBR 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.
10 filers$62.41M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $16.12M | 25.83% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $10.07M | 16.14% | 2026-06-30 |
| 3 | Cubist Systematic Strategies, LLC | $9.85M | 15.78% | 2025-09-30 |
| 4 | Point72 Asset Management, L.P. | $9.25M | 14.81% | 2026-06-30 |
| 5 | PEAK6 LLC | $7.05M | 11.30% | 2026-06-30 |
| 6 | Jane Street Group, LLC Custodian | $5.45M | 8.74% | 2026-06-30 |
| 7 | Simplex Trading, LLC Custodian | $2.00M | 3.21% | 2026-06-30 |
| 8 | Belvedere Trading LLC | $1.14M | 1.83% | 2026-06-30 |
| 9 | IMC-Chicago, LLC Custodian | $1.01M | 1.61% | 2026-06-30 |
| 10 | Wolverine Trading, LLC Custodian | $464.27K | 0.74% | 2025-09-30 |
10 filers$28.61M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Cubist Systematic Strategies, LLC | $9.79M | 34.22% | 2025-09-30 |
| 2 | Point72 Asset Management, L.P. | $6.69M | 23.40% | 2026-06-30 |
| 3 | IMC-Chicago, LLC Custodian | $3.35M | 11.72% | 2026-06-30 |
| 4 | PEAK6 LLC | $2.34M | 8.17% | 2026-06-30 |
| 5 | Jane Street Group, LLC Custodian | $2.22M | 7.76% | 2026-06-30 |
| 6 | Susquehanna International Group, LLP Custodian | $2.05M | 7.16% | 2026-06-30 |
| 7 | Citadel Advisors LLC Custodian | $1.64M | 5.75% | 2026-06-30 |
| 8 | Simplex Trading, LLC Custodian | $383.30K | 1.34% | 2026-06-30 |
| 9 | GROUP ONE TRADING LLC Custodian | $79.42K | 0.28% | 2026-06-30 |
| 10 | Belvedere Trading LLC | $62.90K | 0.22% | 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
2.82M
SI % of Float
1.62%
Days to Cover
1.64
Short Vol Ratio
29.6%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-22
CIBR Constituent Performance
Click any bar to view the full quote for that stock.
CIBR Constituents (41 of 41)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| FTNT | Fortinet, Inc. | 7.96% | $172.98 | -0.61% | -4.91% | -3.18% |
| CRWD | CrowdStrike Holdings, Inc. (Class A) | 7.84% | $237.94 | -0.58% | -2.71% | -8.37% |
| CSCO | Cisco Systems, Inc. | 7.69% | $104.89 | -2.21% | -4.52% | -1.94% |
| AVGO | Broadcom Inc. | 7.19% | $323.24 | -4.31% | -6.12% | -7.74% |
| PANW | Palo Alto Networks, Inc. | 7.09% | $354.92 | +2.21% | -4.15% | -8.98% |
| OKTA | Okta, Inc. | 4.21% | $201.33 | -3.50% | -3.45% | -2.57% |
| ZS | Zscaler, Inc. | 3.97% | $237.76 | +2.78% | +7.86% | +10.77% |
| NET | Cloudflare, Inc. (Class A) | 3.81% | $303.61 | -1.18% | -4.02% | -15.39% |
| FFIV | F5, Inc. | 3.80% | $450.08 | -1.86% | -1.42% | +0.79% |
| RBRK | Rubrik, Inc. (Class A) | 2.76% | $120.75 | +0.31% | +1.80% | +6.11% |
| ACN | Accenture plc | 2.51% | $258.74 | +7.69% | +15.04% | +45.84% |
| DT | Dynatrace, Inc. | 2.32% | $63.37 | -2.18% | -0.56% | +7.99% |
| NTAP | NetApp, Inc. | 2.26% | $212.51 | -2.16% | -1.02% | +7.74% |
| DDOG | Datadog, Inc. (Class A) | 2.15% | $257.75 | -5.62% | -3.19% | +0.32% |
| INFY | Infosys Limited (ADR) | 2.09% | $13.22 | +3.69% | +8.99% | +25.90% |
| MSFT | Microsoft Corporation | 2.09% | $521.08 | -2.23% | -3.40% | +4.65% |
| IBM | International Business Machines Corporation | 2.06% | $252.11 | +0.26% | +7.68% | +11.03% |
| GOOGL | Alphabet Inc. (Class A) | 2.00% | $324.22 | -3.15% | -7.16% | -5.30% |
| CHKP | Check Point Software Technologies Ltd. | 1.96% | $151.98 | +5.96% | +10.05% | +11.51% |
| FROG | JFrog Ltd. | 1.84% | $93.89 | -2.50% | -0.69% | -0.33% |
| ANET | Arista Networks, Inc. | 1.84% | $171.07 | -7.19% | -7.82% | -16.84% |
| LDOS | Leidos Holdings, Inc. | 1.81% | $134.73 | +4.26% | +8.65% | +9.23% |
| GEN | Gen Digital Inc. | 1.74% | $24.89 | +3.19% | +0.28% | +7.89% |
| AKAM | Akamai Technologies, Inc. | 1.73% | $91.13 | +0.95% | -1.29% | -17.46% |
| ESTC | Elastic N.V. | 1.49% | $98.21 | -0.61% | +1.00% | +7.59% |
| BAH | Booz Allen Hamilton Holding Corporation | 1.28% | $78.57 | +4.70% | +5.46% | +6.43% |
| S | SentinelOne, Inc. (Class A) | 1.20% | $22.5 | -1.19% | -3.72% | -6.17% |
| BB | BlackBerry Ltd. | 0.93% | $8.59 | -8.71% | -1.26% | -1.60% |
| QLYS | Qualys, Inc. | 0.92% | $208.2 | +5.85% | +8.07% | +13.81% |
| CVLT | Commvault Systems, Inc. | 0.91% | $167.81 | +2.61% | +5.60% | +11.87% |
| SAIC | Science Applications International Corporation | 0.86% | $143.53 | +4.97% | +7.67% | +8.39% |
| VRNS | Varonis Systems, Inc. | 0.84% | $48.89 | +0.41% | +3.27% | +1.96% |
| NTSK | Netskope, Inc. (Class A) | 0.66% | $22.2 | +1.79% | +8.56% | +19.55% |
| TENB | Tenable Holdings, Inc. | 0.62% | $42 | +3.27% | +6.82% | +17.06% |
| FSLY | Fastly, Inc. (Class A) | 0.47% | $22.45 | -3.65% | -10.45% | -15.85% |
| NTCT | NetScout Systems, Inc. | 0.39% | $38.31 | -1.01% | -1.16% | -2.39% |
| ATEN | A10 Networks, Inc. | 0.27% | $24.56 | -1.96% | -3.27% | -5.50% |
| ZD | Ziff Davis, Inc. | 0.25% | $57.95 | +1.61% | -0.84% | +2.62% |
| RDWR | Radware Ltd. | 0.14% | $29.78 | -1.65% | +4.97% | -0.03% |
| RPD | Rapid7, Inc. | 0.13% | $14.73 | +9.03% | +12.61% | +14.63% |
| OSPN | OneSpan Inc. | 0.11% | $19.21 | +1.80% | +7.50% | +8.65% |