The Motley FoolT3·5mo ago
COMT iShares U.S. ETF Trust iShares GSCI Commodity Dynamic Roll Strategy ETF
ETF 38.33 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.
COMT
$38.33
—
Key stats
$38.33
- 52-Week Range
- $24.24 – $38.82
- YTD
- +54.01%
- IV Rank (30D)
- 1.7
- Straddle Price
- $2.12
- P/C Vol Ratio
- 0.03
- Open
- $38.27
- Day Range
- $38.04 – $38.50
- Volume
- 161,792
- Prev Close
- $38.49
About
iShares U.S. ETF Trust iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2014-10-15
- Has Options
- Yes
- Homepage
- https://www.ishares.com/us
Fund profile
holdings as of Oct 19, 2026issuer datathrough Jul 2026flows, SEC filings
- Expense ratio
- 0.48% issuer, Oct 21, 2026
- Assets
- $1.4B issuer-reported, Oct 19, 2026
- Trailing yield
- 5.01% paid annual
- Average daily volume
- $11M 30 sessions
- Holdings
- 188 top 10 are 9.5%
- Listed
- Oct 15, 2014 Nasdaq
- Net asset value
- $38.36 issuer, Oct 20, 2026 · closed +0.11% to NAV
- Median bid/ask spread
- 0.16% 30 days, issuer-reported
- 30-day SEC yield
- 1.61% issuer, Sep 30, 2026
- Return on NAV, 1 year
- +48.4% issuer, through Sep 30, 2026 · 3 years +14.6% a year · 5 years +13.6% · 10 years +9.6%
- Distributions, 12 months
- $1.93 a share issuer, through Dec 16, 2025: 100% income
- Tracking difference
- -0.36 pts vs index, after fees, FY 2025
Cost74
Liquidity68
Scale80
Diversificationn/a
Moves with. Long Treasuries (10% of its variance, beta -0.66); US large-cap stocks (6% of its variance, beta -0.41); Value over growth (4% of its variance, beta 0.36). These factors explain 27% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. The iShares GSCI Commodity Dynamic Roll Strategy ETF (the Fund ) seeks to track the investment results of an index composed of a broad range of commodity exposures with enhanced roll selection, on a total return basis. (from the fund's prospectus)
All 188 holdingsFlow historyOverlap toolAll Broad Commodities ETFs
Fund flows
daily as of Oct 20, 2026issuer datathrough Jul 2026SEC filings- Oct 20, 2026
- $0 latest day
- Latest 5 trading days
- −$19M
- Latest 21 trading days
- −$41M −2.9% of assets
- Year to date
- +$395M +$432M over 12 months
Each day
| Day | Net flow |
|---|---|
| Oct 20, 2026 | $0 |
| Oct 19, 2026 | $0 |
| Oct 16, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 14, 2026 | −$19M |
| Oct 13, 2026 | $0 |
| Oct 12, 2026 | +$3.8M |
| Oct 9, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 6, 2026 | −$22M |
| Oct 5, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 28, 2026 | $0 |
| Sep 25, 2026 | −$3.7M |
| Sep 24, 2026 | $0 |
| Sep 23, 2026 | $0 |
| Sep 22, 2026 | $0 |
Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.
- Jul 2026
- −$1.9M latest reported month
- Latest 3 months
- +$154M +13.0% of assets
- Latest 12 months
- +$419M +35.3% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | −$1.9M |
| Jun 2026 | +$75M |
| May 2026 | +$81M |
| Apr 2026 | −$48M |
| Mar 2026 | +$226M |
| Feb 2026 | +$43M |
| Jan 2026 | +$4.6M |
| Dec 2025 | +$86M |
| Nov 2025 | −$32M |
| Oct 2025 | −$19M |
| Sep 2025 | −$21M |
| Aug 2025 | +$26M |
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 | |
|---|---|---|---|---|---|
| PDBCInvesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | — | 0.59% | $8.0B | +51.8% | compare |
| HGERHarbor Commodity All-Weather Strategy ETF | — | 0.68% | $3.7B | +37.8% | compare |
| BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF | — | 0.26% | $3.5B | +20.6% | compare |
| FTGCFirst Trust Global Tactical Commodity Strategy Fund | — | 0.98% | $3.4B | +19.7% | compare |
| DBCInvesco DB Commodity Index Tracking Fund | — | — | $2.0B | +51.8% | compare |
The largest other funds in the Broad Commodities category.
Under the hood
fiscal year to Oct 31, 2025SEC census- Authorized participants
- 5 active of 41 with agreements; top 3 did 87%
- Created · redeemed
- $109M · $365M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 100,000 shares
- Securities lending
- authorized, none lent
- Return vs index
- -0.36 pts after fees; -0.36 before; daily s.d. 15.16
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
192
AUM
$1.4B
Provider
iShares (BlackRock)
Inception
2014-10-15
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.48%
Dividend Yield
5.03%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-16 | 2025-12-19 | $1.9271 | CD |
| 2024-12-17 | 2024-12-20 | $1.2401 | CD |
| 2023-12-20 | 2023-12-27 | $1.3016 | CD |
| 2022-12-13 | 2022-12-19 | $8.3979 | CD |
| 2021-12-13 | 2021-12-17 | $5.4941 | CD |
Asset Allocation
Top Holdings
top 50 of 192 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | BLK CSH FND TREASURY SL AGENCY | 9.58% | Cash/Money Market | US |
| — | CASH COLLATERAL USD BZUFT | 5.62% | Cash/Money Market | US |
| — | TREASURY BILL | 2.46% | Cash/Money Market | US |
| — | TREASURY BILL | 2.01% | Cash/Money Market | US |
| — | CRH AMERICA FINANCE INC 144A | 1.52% | Cash/Money Market | US |
| — | TREASURY BILL | 1.34% | Cash/Money Market | US |
| — | CASH COLLATERAL USD GSCFT | 1.26% | Cash/Money Market | US |
| — | AMERICAN ELECTRIC POWER COMPANY IN 144A | 1.06% | Cash/Money Market | US |
| — | NTT FINANCE AMERICAS INC 144A | 1.04% | Cash/Money Market | US |
| — | EXTRA SPACE STORAGE LP 144A | 0.98% | Cash/Money Market | US |
| — | NEXTERA ENERGY CAPITAL HOLDINGS IN 144A | 0.97% | Cash/Money Market | US |
| — | GLENCOVE FUNDING LLC 144A | 0.96% | Cash/Money Market | US |
| — | TREASURY BILL | 0.96% | Cash/Money Market | US |
| — | ENBRIDGE INC 144A | 0.93% | Cash/Money Market | CA |
| — | GLENCORE FUNDING LLC 144A | 0.91% | Cash/Money Market | US |
| — | PROCTER & GAMBLE COMPANY (THE) 144A | 0.91% | Cash/Money Market | US |
| — | AMERICAN HONDA FINANCE CORPORATION | 0.88% | Cash/Money Market | US |
| — | LLOYDS BANK PLC 144A | 0.86% | Cash/Money Market | GB |
| — | CANADIAN IMPERIAL BANK OF COMMERCE | 0.86% | Cash/Money Market | US |
| — | ASB BANK LIMITED 144A | 0.86% | Cash/Money Market | NZ |
| — | MACQUARIE BANK LTD 144A | 0.85% | Cash/Money Market | AU |
| — | UNITED OVERSEAS BK LTD 144A | 0.84% | Cash/Money Market | SG |
| — | COMMERZBANK AG (NEW YORK BRANCH) | 0.84% | Cash/Money Market | US |
| — | MUFG BANK LTD (NEW YORK BRANCH) | 0.83% | Cash/Money Market | US |
| — | SKANDINAVISKA ENSKILDA BANKEN AB 144A | 0.83% | Cash/Money Market | SE |
| — | DNB BANK ASA 144A | 0.83% | Cash/Money Market | NO |
| — | BANK OF NEW ZEALAND 144A | 0.81% | Cash/Money Market | NZ |
| — | DTE ELECTRIC CO | 0.79% | Cash/Money Market | US |
| — | CREDIT INDUSTRIEL ET COMMERCIAL SA | 0.77% | Cash/Money Market | US |
| — | NATWEST MARKETS PLC 144A | 0.77% | Cash/Money Market | GB |
| — | VERTO CAPITAL I 144A | 0.77% | Cash/Money Market | US |
| — | GREAT BEAR FUNDING LLC 144A | 0.76% | Cash/Money Market | US |
| — | NORDEA BANK ABP 144A | 0.75% | Cash/Money Market | FI |
| — | BANCO SANTANDER SA 144A | 0.75% | Cash/Money Market | ES |
| — | AMERICAN HONDA FINANCE CORPORATION | 0.75% | Cash/Money Market | US |
| — | HSBC USA INC 144A | 0.75% | Cash/Money Market | US |
| — | LMA AMERICAS LLC 144A | 0.74% | Cash/Money Market | US |
| — | SPIRE INC 144A | 0.74% | Cash/Money Market | US |
| — | TORONTO-DOMINION BANK (NEW YORK BR | 0.74% | Cash/Money Market | US |
| — | CHARLES SCHWAB & CO INC 144A | 0.73% | Cash/Money Market | US |
| — | NATIONAL WESTMINSTER BANK PLC 144A | 0.71% | Cash/Money Market | GB |
| — | DZ BANK AG (NEW YORK BRANCH) | 0.71% | Cash/Money Market | US |
| — | TORONTO-DOMINION BANK (NEW YORK BR | 0.71% | Cash/Money Market | US |
| — | SUMITOMO CORP OF AMERICA | 0.71% | Cash/Money Market | US |
| — | BANCO SANTANDER SA (NEW YORK BRANC | 0.71% | Cash/Money Market | US |
| — | TREASURY BILL | 0.71% | Cash/Money Market | US |
| — | NUTRIEN LTD 144A | 0.71% | Cash/Money Market | CA |
| — | UNITED OVERSEAS BK LTD 144A | 0.70% | Cash/Money Market | SG |
| — | MACKINAC FUNDING CO LLC 144A | 0.70% | Cash/Money Market | US |
| — | DEUTSCHE BANK AG (NEW YORK BRANCH) | 0.70% | Cash/Money Market | US |
Non-Equity Breakdown
iShares GSCI Commodity Dynamic Roll Strategy ETF ·
NPORT-P period 2026-07-31
(filed 2026-09-25)
Net assets:
$1.19B
· 169 total positions
· equity 0.00%
· non-equity 94.42%
Non-equity holdings
— 169 positions,
94.42% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 92.99% | $1.10B | 145 |
| Derivative (commodity) | 1.43% | $17.0M | 24 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 3.38% | 7.74% | 2.73% | 3.78% | 2.39% | 10.19% | 5.04% |
| Feb | 8.60% | 8.27% | -1.63% | 0.59% | -1.94% | 6.64% | 3.42% |
| Mar | -0.13% | 4.22% | -1.89% | 4.61% | 3.97% | 16.27% | 4.51% |
| Apr | 5.80% | 3.64% | -3.55% | 0.63% | -8.64% | 8.43% | 1.05% |
| May | 2.00% | 3.64% | -5.37% | 0.82% | 1.81% | -5.64% | -0.46% |
| Jun | 2.47% | -6.55% | 1.92% | 2.90% | 2.13% | -11.43% | -1.43% |
| Jul | 0.96% | -2.98% | 9.35% | -3.66% | 2.97% | 8.26% | 2.48% |
| Aug | -0.35% | -0.69% | 0.07% | -0.95% | 1.12% | 8.55% | 1.29% |
| Sep | 4.80% | -5.25% | 1.46% | 1.77% | -0.52% | 2.59% | 0.81% |
| Oct | 3.54% | 3.39% | -2.56% | -0.15% | 0.58% | 2.71%* | 1.25% |
| Nov | -9.35% | -1.25% | -3.52% | 0.08% | -0.60% | -- | -2.93% |
| Dec | -8.53% | -25.42% | -6.84% | -2.11% | -7.73% | -- | -10.13% |
| Total | 12.23% | -15.17% | -10.32% | 8.30% | -5.25% | 53.31% | 7.18% |
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: $37.56
SMA 50: $36.47
SMA 200: $32.74
Current: $38.33
EMA 12: $38.02
EMA 26: $37.46
MACD: 0.5665 | Signal: 0.0309
BULLISH
ADX (14): 24.31
WEAK TREND
+DI: 26.64
−DI: 15.77
Momentum Oscillators
RSI (14): 61.99
NEUTRAL
Stoch %K: 85.58
Stoch %D: 89.53
Williams %R: -19.72
Volume & Volatility
BB Upper: $38.89
BB Lower: $36.22
NEUTRAL
OBV: 9,321,713
Vol SMA 20: 242,611
Vol ROC: -9.89%
ATR: $0.60
True Range: $0.46
HV 20: 15.5%
HV 30: 18.0%
HV 60: 17.9%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL with confidence level (6)
Key drivers: Commodity prices, interest rates, and inflation expectations
Primary risks: Inverse correlation with market, high volatility
Investment thesis: COMT is a commodity ETF that has historically performed well during times of inflation. The current environment suggests a potential "super squeeze" in commodities, which could benefit COMT.
Recent news sentiment impact: Positive headlines from institutional investors and neutral commentary from analysts have contributed to the recent price move.
Technical Analysis
Trend Direction: Short-term (1-4 weeks) - Uptrend; Medium-term (1-3 months) - Range-bound; Long-term (3-12 months) - Bullish
Support/Resistance Levels:
- SMA 20: $33.51
- Lower Bollinger Band: $31.69
- Previous highs: $35.50, $37.25
Momentum Signals: RSI: 57.31 (neutral) MACD: Bullish signal line crossover Bollinger Bands: Price touching upper band - overbought
Volume Analysis: Volume SMA 20 is declining, indicating decreased interest.
News & Sentiment Analysis
Recent Headlines Summary: Positive headlines from institutional investors and neutral commentary from analysts have contributed to the recent price move.
Sentiment Assessment: Neutral sentiment with a positive bias due to institutional investor activity.
Catalyst Identification: Upcoming FOMC meeting, inflation data release, and potential changes in interest rates.
Market Narrative: The market is pricing in a potential "super squeeze" in commodities, which could benefit COMT. However, the ETF's inverse correlation with the market and high volatility pose risks to investors.
Risk & Volatility Assessment
Beta Interpretation: -0.40 (vs SPY) - high risk due to inverse correlation with the market.
Volatility Regime: Stock volatility is relatively high, indicating increased uncertainty.
Options Market Signals: IV Rank: 12.4% (Low), Current IV: 38.7%, Expected Move: $3.65 (23 DTE)
Downside Protection: Support levels include SMA 20 and the lower Bollinger Band. Risk management considerations include stop-loss levels at $32.00 and position sizing based on volatility.
Market Context & Positioning
Sector Performance: COMT is outperforming its sector peers, indicating a strong relative strength.
Institutional Activity: Volume patterns suggest institutional interest in the ETF.
Correlation Analysis: COMT's correlation with the market is relatively low, indicating increased independence from broader market trends.
Relative Valuation: The ETF is trading within a range-bound environment, making it challenging to determine its relative value.
Key Levels & Action Items
Critical Price Levels: SMA 20 ($33.51), Lower Bollinger Band ($31.69), Previous highs ($35.50, $37.25)
Breakout/Breakdown Levels: Upper Bollinger Band ($35.33) - potential resistance, SMA 200 ($30.61) - potential support
Time-Sensitive Catalysts: Upcoming FOMC meeting, inflation data release, and potential changes in interest rates.
Risk Management: Stop-loss levels at $32.00, position sizing based on volatility, and monitoring of options market signals.
By analyzing the technical indicators, news headlines, and risk metrics, I conclude that COMT is trading in a range-bound environment with a bullish bias. The ETF's inverse correlation with the market and high volatility pose risks to investors, but the recent price move suggests potential benefits from a "super squeeze" in commodities.
Generated
News
All COMT news →
Zacks Investment ResearchT3·33mo ago
MarketWatchT3·40mo ago
Seeking AlphaT3·43mo ago
MarketWatchT3·46mo ago
Zacks Investment ResearchT3·47mo ago
Zacks Investment ResearchT3·49mo ago
Seeking AlphaT3·50mo ago
MarketWatchT3·53mo ago
Seeking AlphaT3·54mo ago
Showing 1–10 of 27
Page 1 of 3
COMT Options Activity & IV Rank
COMT IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 29.1%
7-DTE IV: —
Expected Move: $2.12
7-DTE Move: $2.12
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 80
Put Volume: 2
P/C Volume: 0.025
BULLISH
Call OI: 36
Put OI: 1
P/C OI: 0.028
Total OI: 37
ATM Options Pricing
ATM Call: $1.35
ATM Put: $0.78
Call %: 3.5%
Put %: 2.0%
Chain Summary
Chain Volume: 149
Chain OI: 111
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 52nd 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
52%
vs own history
GEX tilt
+0.58
OI-weighted, today
Vanna tilt
-0.71
δ-sensitivity to IV
Charm tilt
+0.14
δ-decay vs time
Vanna tilt -0.71: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
? What is this?
· 3 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 21 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · ATM 27.2% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)1.7LowOct 21
Straddle Price (30 DTE)$2.12Oct 21
Beta Analysis
Risk Metrics
Beta: -0.5227
Alpha: 48.41%
Correlation: -0.2744
R-Squared: 7.5%
Stock Volatility: 24.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
COMT 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 |
|---|
| # | 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
29.27K
SI % of Float
0.08%
Days to Cover
1.00
Short Vol Ratio
48.9%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|