Seeking AlphaT3·34mo ago
CMBS iShares CMBS ETF
ETF 49.39 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. 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.
CMBS
$49.39
—
Key stats
$49.39
- 52-Week Range
- $47.09 – $49.89
- YTD
- +0.49%
- Straddle Price
- $2.25
- Open
- $47.45
- Day Range
- $47.35 – $47.54
- Volume
- 174,911
- Prev Close
- $47.57
About
iShares CMBS ETF (CMBS) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2012-02-14
- Has Options
- Yes
- Homepage
- https://www.ishares.com/us
Fund profile
holdings as of Oct 19, 2026issuer datathrough Jul 2026flows, SEC filings
- Expense ratio
- 0.25% issuer, Oct 21, 2026
- Assets
- $438M issuer-reported, Oct 19, 2026
- Trailing yield
- 3.72% paid monthly
- Average daily volume
- $3.8M 30 sessions
- Holdings
- 442 top 10 are 8.8%
- Listed
- Feb 14, 2012 NYSE Arca
- Net asset value
- $47.40 issuer, Oct 20, 2026 · closed +0.38% to NAV
- Median bid/ask spread
- 0.25% 30 days, issuer-reported
- 30-day SEC yield
- 4.31% issuer, Oct 19, 2026
- Return on NAV, 1 year
- −0.1% issuer, through Sep 30, 2026 · 3 years +5.2% a year · 5 years +0.5% · 10 years +1.8%
- Distributions, 12 months
- $1.77 a share issuer, through Oct 1, 2026: 100% income
- Tracking difference
- -0.26 pts vs index, after fees, FY 2025
Cost53
Liquidity53
Scale61
Diversification100
Moves with. Long Treasuries (16% of its variance, beta 0.15); Developed markets ex-US over US (4% of its variance, beta 0.07). These factors explain 23% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. The iShares CMBS ETF (the Fund ) seeks to track the investment results of an index composed of investment-grade commercial mortgage-backed securities. (from the fund's prospectus)
All 442 holdingsFlow historyOverlap toolAll Mortgage & Securitized ETFs
Fund flows
daily as of Oct 19, 2026issuer datathrough Jul 2026SEC filings- Oct 19, 2026
- +$2.4M latest day
- Latest 5 trading days
- +$2.4M
- Latest 21 trading days
- −$21M −4.8% of assets
- Year to date
- −$41M −$55M over 12 months
Each day
| Day | Net flow |
|---|---|
| Oct 19, 2026 | +$2.4M |
| Oct 16, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 5, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Sep 30, 2026 | −$17M |
| Sep 29, 2026 | −$2.4M |
| Sep 28, 2026 | $0 |
| Sep 25, 2026 | −$4.7M |
| Sep 24, 2026 | $0 |
| Sep 23, 2026 | $0 |
| Sep 22, 2026 | $0 |
| Sep 21, 2026 | $0 |
Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.
- Jul 2026
- $0 latest reported month
- Latest 3 months
- −$2.4M −0.5% of assets
- Latest 12 months
- +$27M +5.7% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | $0 |
| Jun 2026 | −$4.9M |
| May 2026 | +$2.4M |
| Apr 2026 | −$22M |
| Mar 2026 | +$2.5M |
| Feb 2026 | +$4.9M |
| Jan 2026 | +$2.4M |
| Dec 2025 | $0 |
| Nov 2025 | −$15M |
| Oct 2025 | +$12K |
| Sep 2025 | +$44M |
| Aug 2025 | +$12M |
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 | |
|---|---|---|---|---|---|
| MBBiShares MBS ETF | — | 0.04% | $35.2B | −5.6% | compare |
| VMBSVanguard Mortgage-Backed Securities ETF | — | 0.03% | $15.7B | −5.1% | compare |
| SPMBState Street SPDR Portfolio Mortgage Backed Bond ETF | — | 0.04% | $6.8B | −5.6% | compare |
| JMTGJPMorgan Mortgage-Backed Securities ETF | — | 0.24% | $6.7B | −5.4% | compare |
| SMBSSchwab Mortgage-Backed Securities ETF | — | 0.03% | $6.4B | −6.1% | compare |
The largest other funds in the Mortgage & Securitized category.
Under the hood
fiscal year to Oct 31, 2025SEC census- Authorized participants
- 4 active of 40 with agreements; top 3 did 91%
- Created · redeemed
- $133M · $108M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 50,000 shares
- Securities lending
- authorized, none lent
- Return vs index
- -0.26 pts after fees; -0.26 before; daily s.d. 3.38
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 2026-10-20
Holdings
442
AUM
$438.3M
Provider
iShares (BlackRock)
Inception
2012-02-14
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.25%
Dividend Yield
3.72%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-06 | $0.1512 | CD |
| 2026-09-01 | 2026-09-04 | $0.1475 | CD |
| 2026-08-03 | 2026-08-06 | $0.1475 | CD |
| 2026-07-01 | 2026-07-07 | $0.1481 | CD |
| 2026-06-01 | 2026-06-04 | $0.1452 | CD |
| 2026-05-01 | 2026-05-06 | $0.1513 | CD |
Asset Allocation
Top Holdings
top 50 of 442 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | FHMS_K163 A2 | 1.19% | MBS/ABS | US |
| — | FHMS_K108 A2 | 1.17% | MBS/ABS | US |
| — | FHMS_K098 A2 | 0.95% | MBS/ABS | US |
| — | FNMA_22-M10 A2 | 0.91% | MBS/ABS | US |
| — | FHMS_K173 A2 | 0.86% | MBS/ABS | US |
| — | BLK CSH FND TREASURY SL AGENCY | 0.84% | Cash/Money Market | US |
| — | BBCMS_24-5C29 A2 | 0.77% | MBS/ABS | US |
| — | FHMS_K157 A2 | 0.75% | MBS/ABS | US |
| — | FHMS_K-176 A2 | 0.74% | MBS/ABS | US |
| — | FHMS_K094 A2 | 0.74% | MBS/ABS | US |
| — | CSAIL_19-C15 A4 | 0.72% | MBS/ABS | US |
| — | BBCMS_25-C32 A5 | 0.71% | MBS/ABS | US |
| — | BMARK_25-V14 A3 | 0.68% | MBS/ABS | US |
| — | BMO_24-5C8 A2 | 0.68% | MBS/ABS | US |
| — | BBCMS_18-C2 A5 | 0.65% | MBS/ABS | US |
| — | FHMS_K-165 A2 | 0.65% | MBS/ABS | US |
| — | FHMS_K-171 A2 | 0.64% | MBS/ABS | US |
| — | GSMS_19-GC42 A3 | 0.64% | MBS/ABS | US |
| — | FHMS_K085 A2 | 0.63% | MBS/ABS | US |
| — | FHMS_K089 A2 | 0.59% | MBS/ABS | US |
| — | FREMF_K136 A2 | 0.57% | MBS/ABS | US |
| — | FNMA_20-M1 A2 | 0.54% | MBS/ABS | US |
| — | FHMS_K117 A2 | 0.53% | MBS/ABS | US |
| — | FHMS_K111 A2 | 0.50% | MBS/ABS | US |
| — | FHMS_K124 A2 | 0.50% | MBS/ABS | US |
| — | FNMA_21-M4 A2 | 0.49% | MBS/ABS | US |
| — | FNMA_19-M7 A2 | 0.47% | MBS/ABS | US |
| — | FNMA_19-M5 A2 | 0.46% | MBS/ABS | US |
| — | FHMS_K104 A2 | 0.46% | MBS/ABS | US |
| — | FNMA_20-M20 A2 | 0.46% | MBS/ABS | US |
| — | FNMA_20-M5 A2 | 0.45% | MBS/ABS | US |
| — | BBCMS_22-C18 A4 | 0.45% | MBS/ABS | US |
| — | FREMF_K-082 AM | 0.45% | MBS/ABS | US |
| — | FNMA_18-M1 A2 | 0.45% | MBS/ABS | US |
| — | FHMS_K170 A2 | 0.44% | MBS/ABS | US |
| — | FHMS-K091 A2 | 0.44% | MBS/ABS | US |
| — | FHMS_K143 A1 | 0.44% | MBS/ABS | US |
| — | FREMF_K-751 AM | 0.44% | MBS/ABS | US |
| — | FHMS_K120-A2 A2 | 0.44% | MBS/ABS | US |
| — | FHMS-K156 A2 | 0.43% | MBS/ABS | US |
| — | FHMS_K169 A2 | 0.43% | MBS/ABS | US |
| — | BANK_22-BNK43 A5 | 0.43% | MBS/ABS | US |
| — | FREMF_K-181 A2 | 0.43% | MBS/ABS | US |
| — | FHMS_K513 A2 | 0.43% | MBS/ABS | US |
| — | FHMS_K140 A2 | 0.43% | MBS/ABS | US |
| — | BBCMS_25-5C37 A3 | 0.42% | MBS/ABS | US |
| — | FHMS_K093 A2 | 0.42% | MBS/ABS | US |
| — | FHMS-K152 A2 | 0.42% | MBS/ABS | US |
| — | FHMS_K153 A2 | 0.42% | MBS/ABS | US |
| — | GSMS_20-GC47 A4 | 0.42% | MBS/ABS | US |
Non-Equity Breakdown
iShares CMBS ETF ·
NPORT-P period 2026-07-31
(filed 2026-09-25)
Net assets:
$473M
· 465 total positions
· equity 0.00%
· non-equity 99.72%
Non-equity holdings
— 465 positions,
99.72% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Mortgage-backed (US Govt-Sponsored Entity) | 53.21% | $251.6M | 183 |
| Mortgage-backed (Corporate) | 45.59% | $215.6M | 281 |
| Short-term investment | 0.91% | $4.3M | 1 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.22% | -0.89% | 2.90% | 0.67% | 0.70% | 0.33% | 0.65% |
| Feb | -1.52% | -1.57% | -2.43% | -0.43% | 1.24% | 1.44% | -0.55% |
| Mar | -1.21% | -3.69% | 0.56% | 0.68% | -0.23% | -1.50% | -0.90% |
| Apr | 0.82% | -1.59% | 1.34% | -1.69% | 0.73% | 0.41% | 0.00% |
| May | 0.43% | 0.72% | -0.39% | 1.70% | -0.10% | 0.25% | 0.43% |
| Jun | 0.17% | -0.29% | -1.08% | 0.96% | 1.33% | 0.35% | 0.24% |
| Jul | 0.72% | 1.43% | 0.26% | 2.47% | -0.23% | -0.24% | 0.73% |
| Aug | 0.04% | -2.73% | 0.37% | 0.44% | 0.93% | 0.37% | -0.10% |
| Sep | -0.92% | -3.09% | -0.92% | 1.85% | 0.43% | -1.54% | -0.70% |
| Oct | -0.39% | -2.00% | -0.58% | -2.15% | 0.19% | 0.72%* | -0.70% |
| Nov | 0.01% | 2.90% | 2.44% | 0.91% | 1.02% | -- | 1.46% |
| Dec | -0.69% | -1.21% | 2.34% | -1.28% | -0.15% | -- | -0.20% |
| Total | -2.33% | -11.55% | 4.77% | 4.09% | 6.00% | 0.55% | 0.25% |
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: $47.37
SMA 50: $47.79
SMA 200: $48.56
Current: $47.54
EMA 12: $47.48
EMA 26: $47.52
MACD: -0.0483 | Signal: 0.0598
BEARISH
ADX (14): 33.99
TREND
+DI: 11.63
−DI: 20.39
Momentum Oscillators
RSI (14): 50.54
NEUTRAL
Stoch %K: 88.72
Stoch %D: 91.85
Williams %R: -15.05
Volume & Volatility
BB Upper: $47.63
BB Lower: $47.11
NEUTRAL
OBV: -29,359
Vol SMA 20: 90,356
Vol ROC: 376.97%
ATR: $0.22
True Range: $0.22
HV 20: 2.6%
HV 30: 3.0%
HV 60: 3.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: CMBS
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Technical indicators suggest a range-bound market, while recent news headlines have been neutral.
Primary Risks: Low volatility may indicate limited upside potential, while high implied volatility could be a contrarian buying opportunity.
Investment Thesis: CMBS is trading within a narrow range, and its low volatility suggests it may not experience significant price movements. However, the options market is pricing in a high level of uncertainty, which could lead to unexpected moves if actual volatility increases.
Recent News Sentiment Impact: Neutral news headlines have had little impact on the stock's price movement.
Technical Analysis
Trend Direction: Range-bound (Short-term), Consolidation (Medium-term), Long-term trend unclear
Support/Resistance Levels: SMA 20 ($48.28), SMA 50 ($48.34), and Bollinger Bands' middle band ($48.28) serve as key support levels.
Momentum Signals:
- RSI interpretation: Neutral range (38.61)
- MACD signal: Bearish
- Bollinger Bands position: Squeeze
Volume Analysis: Volume has been declining, indicating a lack of interest in the stock.
News & Sentiment Analysis
Recent Headlines Summary: Neutral news headlines have dominated the past year, with no significant market-moving events.
Sentiment Assessment: Aggregate sentiment is NEUTRAL, reflecting the absence of any strong positive or negative news.
Catalyst Identification: No imminent catalysts are expected to impact the stock price.
Market Narrative: The technical indicators suggest a range-bound market, while the options market is pricing in high volatility. This divergence may indicate an unexpected move if actual volatility increases.
Risk & Volatility Assessment
Beta Interpretation: Low beta (0.03) indicates that CMBS moves less than the broader market.
Volatility Regime: Current volatilities are low, reflecting a stable market environment.
Options Market Signals:
- IV rank: 84.5% (High)
- Put/call ratios: Neutral sentiment
- Unusual activity: None
Downside Protection: Support levels are present at SMA 20 and SMA 50, providing some downside protection.
Market Context & Positioning
Sector Performance: CMBS is trading in line with the broader bond market sector.
Institutional Activity: Institutional interest has been declining, as reflected by the decreasing volume.
Correlation Analysis: Correlation with the broader market (SPY) is low at 0.11, indicating limited dependence on the market's performance.
Relative Valuation: CMBS is trading within a narrow range, suggesting a fair valuation relative to its historical levels.
Key Levels & Action Items
Critical Price Levels: SMA 20 and SMA 50 serve as key support levels.
Breakout/Breakdown Levels: No clear breakout or breakdown levels are present.
Time-Sensitive Catalysts: None expected in the near term.
Risk Management: Consider positioning with a tight stop-loss around $47.99, given the low volatility environment.
By considering both technical and fundamental factors, this report provides a comprehensive analysis of CMBS. The neutral sentiment and lack of significant market-moving events suggest that the stock may continue to trade within its narrow range. However, the high implied volatility could lead to unexpected moves if actual volatility increases.
Generated
News
All CMBS news →
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CMBS Options Activity & IV Rank
Volatility Metrics
Current IV: —
7-DTE IV: —
Expected Move: $2.25
7-DTE Move: $2.25
Days to Exp: — (2025-10-17)
Options Flow
Call Volume: 0
Put Volume: 8
P/C Volume: —
Call OI: 0
Put OI: 10
P/C OI: —
Total OI: 10
ATM Options Pricing
ATM Call: $1.23
ATM Put: $1.02
Call %: 2.5%
Put %: 2.1%
Chain Summary
Chain Volume: 8
Chain OI: 10
Last Updated: 10/17/2025
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 92nd 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
92%
vs own history
GEX tilt
-1.00
OI-weighted, today
Vanna tilt
+0.76
δ-sensitivity to IV
Charm tilt
-0.77
δ-decay vs time
Vanna tilt +0.76: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.77: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 5 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 15 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 15 · 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
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)
Straddle Price (30 DTE)$2.25Oct 17
Beta Analysis
Risk Metrics
Beta: 0.0370
Alpha: -4.35%
Correlation: 0.1226
R-Squared: 1.5%
Stock Volatility: 3.8%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
CMBS 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.
| # | Filer | Notional Value | % of Total | Period |
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| # | Filer | Notional Value | % of Total | Period |
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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
4.27K
SI % of Float
0.05%
Days to Cover
1.00
Short Vol Ratio
0.7%
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 |
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