Zacks Investment ResearchT3·7d ago
EFA iShares MSCI EAFE ETF
ETF 102.48 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.
EFA
$102.48
—
Key stats
$102.48
- 52-Week Range
- $91.21 – $108.89
- YTD
- +5.61%
- IV Rank (30D)
- 77.17
- Straddle Price
- $3.99
- P/C Vol Ratio
- 0.08
- Open
- $102.25
- Day Range
- $102.09 – $102.53
- Volume
- 3,498,582
- Prev Close
- $103.15
About
iShares MSCI EAFE ETF (EFA) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2001-08-14
- Has Options
- Yes
- Homepage
- https://www.ishares.com/us
Fund profile
holdings as of Oct 21, 2026issuer datathrough Jul 2026flows, SEC filings
- Expense ratio
- 0.32% issuer, Oct 23, 2026
- Assets
- $76.5B issuer-reported, Oct 21, 2026
- Trailing yield
- 3.26% paid semi-annual
- Average daily volume
- $1.5B 30 sessions
- Holdings
- 680 top 10 are 14.4%
- Listed
- Aug 14, 2001 NYSE Arca
- Last fee change
- -1 bp filed Nov 22, 2024
- Net asset value
- $103.08 issuer, Oct 22, 2026 · closed +0.07% to NAV
- Median bid/ask spread
- 0.01% 30 days, issuer-reported
- 30-day SEC yield
- 2.20% issuer, Sep 30, 2026
- Return on NAV, 1 year
- +14.7% issuer, through Sep 30, 2026 · 3 years +18.3% a year · 5 years +9.3% · 10 years +9.0%
- Distributions, 12 months
- $3.36 a share issuer, through Jun 15, 2026: 100% income
- Tracking difference
- -0.85 pts vs index, after fees, FY 2025
Cost73
Liquidity100
Scale100
Diversification100
Moves with. US large-cap stocks (61% of its variance, beta 0.99); Developed markets ex-US over US (38% of its variance, beta 0.99). These factors explain 100% of its daily moves over the last year.
Stated objective. The iShares MSCI EAFE ETF (the Fund ) seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada. (from the fund's prospectus)
All 680 holdingsFlow historySimilar fundsOverlap toolAll Developed ex-US ETFs
Fund flows
daily as of Oct 21, 2026issuer datathrough Jul 2026SEC filings- Oct 21, 2026
- $0 latest day
- Latest 5 trading days
- $0
- Latest 21 trading days
- +$312M +0.4% of assets
- Year to date
- +$794M +$2.0B over 12 months
Each day
| Day | Net flow |
|---|---|
| Oct 21, 2026 | $0 |
| Oct 20, 2026 | $0 |
| Oct 19, 2026 | $0 |
| 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 | +$312M |
| Oct 2, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 28, 2026 | $0 |
| Sep 25, 2026 | $0 |
| Sep 24, 2026 | $0 |
| Sep 23, 2026 | $0 |
Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.
- Jul 2026
- −$442M latest reported month
- Latest 3 months
- +$121M +0.2% of assets
- Latest 12 months
- +$1.7B +2.2% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | −$442M |
| Jun 2026 | +$563M |
| May 2026 | $0 |
| Apr 2026 | $0 |
| Mar 2026 | $0 |
| Feb 2026 | $0 |
| Jan 2026 | +$353M |
| Dec 2025 | +$1.3B |
| Nov 2025 | +$1 |
| Oct 2025 | $0 |
| Sep 2025 | $0 |
| Aug 2025 | $0 |
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 | |
|---|---|---|---|---|---|
| BBINJPMorgan BetaBuilders International Equity ETF | 93% | 0.07% | $6.5B | +8.9% | compare |
| GSIDGoldman Sachs MarketBeta International Equity ETF | 92% | 0.20% | $981M | +10.1% | compare |
| DBEFXtrackers MSCI EAFE Hedged Equity ETF | 91% | 0.35% | $9.2B | +14.2% | compare |
| EFAXState Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF | 91% | 0.20% | $493M | +6.1% | compare |
| ENHIiShares Enhanced International Active ETF | 85% | 0.27% | $21M | — | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 21, 2026issuer data- Insider buying
- 0% of weight had net insider buying, 90 days; 1% net selling
- Reporting earnings
- 5.2% of weight in 7 days; 7.2% in 14
Holdings reporting in the next 14 days · weighted implied move this week 0.36%
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
Oct 16, 2026 → Oct 19, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Increase | STANDARD LIFE PLC | 0.04% | 0.04% | +10.6% |
| Increase | LAND SECURITIES GROUP REIT PLC | 0.03% | 0.03% | +13.3% |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.8%. Full holdings and history
Under the hood
fiscal year to Jul 31, 2025SEC census- Authorized participants
- 7 active of 40 with agreements; top 3 did 85%
- Created · redeemed
- $2.3B · $91M over the fiscal year
- Redemptions in kind
- 99% creations 27% in kind
- Creation unit
- 600,000 shares
- Securities lending
- 0.25% of assets on loan on average; earned 0.1 bp
- Return vs index
- -0.85 pts after fees; -0.85 before; daily s.d. 16.19
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
680
AUM
$76.5B
Provider
iShares (BlackRock)
Inception
2001-08-14
Exchange
ARCX
Data As Of
2026-10-21
Expense Ratio
0.32%
Dividend Yield
3.26%
Distribution
Semi-Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-15 | 2026-06-18 | $1.6364 | CD |
| 2025-12-16 | 2025-12-19 | $1.7279 | CD |
| 2025-06-16 | 2025-06-20 | $1.5194 | CD |
| 2024-12-17 | 2024-12-20 | $1.0572 | CD |
| 2024-06-11 | 2024-06-17 | $1.3928 | CD |
| 2023-12-20 | 2023-12-27 | $0.9307 | CD |
Asset Allocation
Top Holdings
top 50 of 680 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| ASML | ASML HOLDING | 3.02% | Equity (Foreign) | NL |
| ROP | ROCHE PS PAR AG | 1.55% | Equity (Foreign) | CH |
| HSBA | HSBC HOLDINGS PLC | 1.49% | Equity (Foreign) | GB |
| SHEL | SHELL | 1.41% | Equity (Foreign) | GB |
| NOVN | NOVARTIS AG | 1.31% | Equity (Foreign) | CH |
| NESN | NESTLE SA | 1.21% | Equity (Foreign) | CH |
| AZN | ASTRAZENECA PLC | 1.19% | Equity (Foreign) | GB |
| SAP | SAP | 1.10% | Equity (Foreign) | DE |
| — | MITSUBISHI UFJ FINANCIAL GROUP | 1.08% | Equity (Foreign) | JP |
| SIE | SIEMENS N AG | 1.00% | Equity (Foreign) | DE |
| BHP | BHP GROUP LTD | 0.97% | Equity (Foreign) | AU |
| SAN | BANCO SANTANDER | 0.89% | Equity (Foreign) | ES |
| ALV | ALLIANZ | 0.87% | Equity (Foreign) | DE |
| — | TOYOTA MOTOR | 0.86% | Equity (Foreign) | JP |
| CBA | COMMONWEALTH BANK OF AUSTRALIA | 0.86% | Equity (Foreign) | AU |
| TTE | TOTALENERGIES | 0.82% | Equity (Foreign) | FR |
| — | HITACHI | 0.76% | Equity (Foreign) | JP |
| — | ADVANTEST | 0.74% | Equity (Foreign) | JP |
| — | RECRUIT HOLDINGS LTD | 0.73% | Equity (Foreign) | JP |
| SU | SCHNEIDER ELECTRIC | 0.71% | Equity (Foreign) | FR |
| IBE | IBERDROLA | 0.70% | Equity (Foreign) | ES |
| UBSG | UBS GROUP AG | 0.69% | Equity (Foreign) | CH |
| — | SUMITOMO MITSUI FINANCIAL GROUP | 0.69% | Equity (Foreign) | JP |
| RR. | ROLLS-ROYCE HOLDINGS PLC | 0.69% | Equity (Foreign) | GB |
| — | SONY GROUP | 0.69% | Equity (Foreign) | JP |
| BBVA | BANCO BILBAO VIZCAYA ARGENTARIA | 0.67% | Equity (Foreign) | ES |
| — | TOKYO ELECTRON | 0.66% | Equity (Foreign) | JP |
| ULVR | UNILEVER PLC | 0.65% | Equity (Foreign) | GB |
| ABBN | ABB LTD | 0.63% | Equity (Foreign) | CH |
| AIR | AIRBUS GROUP | 0.62% | Equity (Foreign) | FR |
| BP. | BP PLC | 0.60% | Equity (Foreign) | GB |
| — | NOVO NORDISK CLASS B | 0.59% | Equity (Foreign) | DK |
| SAF | SAFRAN SA | 0.56% | Equity (Foreign) | FR |
| AI | LAIR LIQUIDE SOCIETE ANONYME POUR | 0.56% | Equity (Foreign) | FR |
| D05 | DBS GROUP HOLDINGS LTD | 0.56% | Equity (Foreign) | SG |
| BATS | BRITISH AMERICAN TOBACCO | 0.54% | Equity (Foreign) | GB |
| ENR | SIEMENS ENERGY N AG | 0.54% | Equity (Foreign) | DE |
| — | MIZUHO FINANCIAL GROUP | 0.54% | Equity (Foreign) | JP |
| UCG | UNICREDIT | 0.53% | Equity (Foreign) | IT |
| CFR | COMPAGNIE FINANCIERE RICHEMONT SA | 0.53% | Equity (Foreign) | CH |
| ZURN | ZURICH INSURANCE GROUP AG | 0.52% | Equity (Foreign) | CH |
| OR | LOREAL SA | 0.51% | Equity (Foreign) | FR |
| — | SOFTBANK GROUP CORP | 0.50% | Equity (Foreign) | JP |
| MC | LVMH | 0.50% | Equity (Foreign) | FR |
| GSK | GLAXOSMITHKLINE | 0.47% | Equity (Foreign) | GB |
| — | KIOXIA HOLDINGS | 0.46% | Equity (Foreign) | JP |
| DTE | DEUTSCHE TELEKOM N AG | 0.45% | Equity (Foreign) | DE |
| INGA | ING GROEP | 0.45% | Equity (Foreign) | NL |
| BNP | BNP PARIBAS SA | 0.45% | Equity (Foreign) | FR |
| — | KEYENCE | 0.45% | Equity (Foreign) | JP |
Geographic Breakdown
Non-Equity Breakdown
iShares MSCI EAFE ETF ·
NPORT-P period 2026-07-31
(filed 2026-09-23)
Net assets:
$77.98B
· 691 total positions
· equity 98.46%
· non-equity 1.68%
Non-equity holdings
— 32 positions,
1.68% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Other | 1.27% | $991.7M | 27 |
| Short-term investment | 0.40% | $312.2M | 2 |
| Derivative (equity) | 0.00% | $3.3M | 3 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -1.30% | -4.26% | 8.05% | 0.67% | 5.16% | 3.81% | 2.02% |
| Feb | 1.04% | -4.34% | -3.93% | 1.98% | 4.18% | 3.93% | 0.48% |
| Mar | 0.62% | 2.76% | 2.58% | 2.38% | -0.91% | -5.97% | 0.24% |
| Apr | 1.63% | -7.61% | 2.12% | -2.83% | 3.54% | 3.76% | 0.10% |
| May | 2.36% | 2.25% | -3.86% | 5.29% | 5.13% | 2.64% | 2.30% |
| Jun | -2.76% | -9.79% | 1.09% | -3.78% | -0.41% | -0.54% | -2.70% |
| Jul | 0.53% | 4.92% | 2.82% | 2.41% | -1.93% | 2.38% | 1.85% |
| Aug | 0.94% | -6.25% | -2.72% | 6.07% | 4.80% | 1.35% | 0.70% |
| Sep | -4.13% | -7.98% | -3.59% | 2.40% | 3.08% | -2.44% | -2.11% |
| Oct | 2.93% | 3.83% | -1.46% | -4.57% | 0.37% | -0.31%* | 0.13% |
| Nov | -5.45% | 12.28% | 7.21% | -0.52% | 0.70% | -- | 2.84% |
| Dec | 2.98% | -3.14% | 2.97% | -4.52% | 1.38% | -- | -0.07% |
| Total | -1.03% | -18.03% | 10.86% | 4.32% | 27.75% | 8.44% | 5.39% |
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: $103.52
SMA 50: $105.56
SMA 200: $103.12
Current: $102.50
EMA 12: $103.38
EMA 26: $104.00
MACD: -0.6189 | Signal: 0.0628
BEARISH
ADX (14): 19.89
RANGE
+DI: 23.65
−DI: 35.02
Momentum Oscillators
RSI (14): 40.95
NEUTRAL
Stoch %K: 45.86
Stoch %D: 54.16
Williams %R: -81.30
Volume & Volatility
BB Upper: $104.83
BB Lower: $102.22
NEUTRAL
OBV: 100,356,003
Vol SMA 20: 14,926,560
Vol ROC: -64.09%
ATR: $1.06
True Range: $1.06
HV 20: 10.6%
HV 30: 11.9%
HV 60: 11.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
Here is the LLM Stock Analysis Report for EFA:
Executive Summary
Overall Assessment: NEUTRAL with confidence level (6/10)
Key Drivers and Primary Risks: The ETF has been trending upward, supported by positive news headlines and moderate volatility. Key risks include potential corrections due to overbought conditions and market sentiment shifts.
Investment Thesis: EFA is likely to continue its upward trajectory as long as the global equity market remains strong and investors continue to seek exposure to international markets. However, caution should be exercised in light of recent overbought readings.
Recent News Sentiment Impact: The positive news headlines on South Korea's market surge and MEXC's expansion have contributed to EFA's upward momentum. The neutral sentiment from the other news articles has not significantly impacted the ETF's price action.
Technical Analysis
Trend Direction: Short-term: Bullish Medium-term: Neutral Long-term: Bullish
Support/Resistance Levels: Key levels include:
- SMA 20: $107.03 (support)
- EMA 12: $107.64 (resistance)
- Bollinger Bands Upper: $110.29 (resistance)
Momentum Signals: RSI interpretation: Neutral (60.21) - not overbought or oversold MACD signal: Bullish (0.97 / Signal: -0.08 / Histogram: 1.04) Bollinger Bands position: Neutral (touching middle band)
Volume Analysis: Volume SMA 20: 9912058.74 (increasing) On-Balance Volume (OBV): 248057412.43 (positive) Volume Rate of Change: 5.17% (increasing)
News & Sentiment Analysis
Recent Headlines Summary: Positive news on South Korea's market surge and MEXC's expansion, with neutral sentiment from other articles.
Sentiment Assessment: Positive sentiment dominates due to the positive news headlines, but overall sentiment is still relatively neutral.
Catalyst Identification: Upcoming events: Earnings releases for underlying stocks, global macroeconomic data releases
Market Narrative: The recent positive news and moderate volatility have contributed to EFA's upward momentum. However, caution should be exercised in light of recent overbought readings.
Risk & Volatility Assessment
Beta Interpretation: Beta 0.95 (vs SPY) - moderate risk relative to the market
Volatility Regime: Moderate volatility (stock generally follows market)
Options Market Signals: IV rank: 60.9% (Medium), Current IV: 36.2%, Expected Move: $3.26
Downside Protection: Support levels: SMA 20 ($107.03) and Bollinger Bands Lower ($103.77)
Market Context & Positioning
Sector Performance: EFA has outperformed its sector peers, indicating a strong trend.
Institutional Activity: Increasing volume flows suggest institutional interest is increasing.
Correlation Analysis: R-squared interpretation: 0.77 - EFA moves relatively strongly with the market
Relative Valuation: Position within trading range - near the upper end of its recent range
Key Levels & Action Items
Critical Price Levels: Support levels:
- SMA 20 ($107.03)
- Bollinger Bands Lower ($103.77)
Breakout/Breakdown Levels:
- EMA 12 ($107.64) - resistance
- Bollinger Bands Upper ($110.29) - resistance
Time-Sensitive Catalysts: Earnings releases for underlying stocks, global macroeconomic data releases
Risk Management: Stop-loss levels: SMA 20 ($107.03) and Bollinger Bands Lower ($103.77); position sizing considerations: 1-2% of portfolio.
Note: The analysis provided is based on the specific data given and does not take into account any external factors that may impact the stock's performance.
Generated
News
All EFA news →
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Showing 1–10 of 50
Page 1 of 5
EFA Options Activity & IV Rank
EFA IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 17.0%
7-DTE IV: 16.1%
Expected Move: $3.99
7-DTE Move: $1.92
Days to Exp: 28 (2026-11-20)
Options Flow
Call Volume: 6,980
Put Volume: 547
P/C Volume: 0.078
BULLISH
Call OI: 78,564
Put OI: 85,406
P/C OI: 1.087
Total OI: 163,970
ATM Options Pricing
ATM Call: $2.13
ATM Put: $1.86
Call %: 2.1%
Put %: 1.8%
Chain Summary
Chain Volume: 162,379
Chain OI: 1,253,012
Last Updated: 10/23/2026
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
LOW γ vs HISTORY
Estimated net dealer gamma is at the 2nd percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
2%
vs own history
GEX tilt
-0.51
OI-weighted, today
Vanna tilt
+0.70
δ-sensitivity to IV
Charm tilt
-0.56
δ-decay vs time
Vanna tilt +0.70: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.56: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 272 ATM contracts, 667k 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
90%
+12.9
pts
EXTREME
ATM 18.4% / Wing 31.3%
30 DTE / 10d
25%
+4.8
pts
EXTREME
ATM 17.6% / Wing 22.4%
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)53.2MediumOct 23
IV Rank (30 DTE)77.2HighOct 23
Straddle Price (30 DTE)$3.99Oct 23
Beta Analysis
Risk Metrics
Beta: 0.9717
Alpha: -4.10%
Correlation: 0.7718
R-Squared: 59.6%
Stock Volatility: 16.0%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
EFA 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.
40 filers$5.67B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.89B | 33.42% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $1.04B | 18.43% | 2026-06-30 |
| 3 | Barclays PLC Custodian | $296.97M | 5.24% | 2026-06-30 |
| 4 | Royal Bank of Canada Custodian | $272.04M | 4.80% | 2026-06-30 |
| 5 | Citadel Advisors LLC Custodian | $232.27M | 4.10% | 2026-06-30 |
| 6 | UBS Group AG Custodian | $229.82M | 4.05% | 2026-06-30 |
| 7 | Goldman Sachs Group Inc Custodian | $225.33M | 3.97% | 2026-06-30 |
| 8 | Wells Fargo & Company Custodian | $223.29M | 3.94% | 2026-06-30 |
| 9 | Citigroup Inc. Custodian | $197.69M | 3.49% | 2026-06-30 |
| 10 | Calamos Advisors LLC | $168.03M | 2.96% | 2026-06-30 |
| 11 | Millennium Management LLC Custodian | $158.71M | 2.80% | 2026-06-30 |
| 12 | Parallax Volatility Advisers, L.P. | $158.30M | 2.79% | 2026-06-30 |
| 13 | BNP Paribas Financial Markets Custodian | $101.25M | 1.79% | 2026-06-30 |
| 14 | OLD MISSION CAPITAL LLC | $100.14M | 1.77% | 2026-06-30 |
| 15 | Wolverine Trading, LLC Custodian | $77.67M | 1.37% | 2025-09-30 |
| 16 | BlackRock, Inc. Custodian | $72.30M | 1.28% | 2026-06-30 |
| 17 | Squarepoint Ops LLC | $68.03M | 1.20% | 2026-06-30 |
| 18 | Limestone Investment Advisors LP | $28.57M | 0.50% | 2026-06-30 |
| 19 | Walleye Trading LLC | $28.26M | 0.50% | 2026-06-30 |
| 20 | Jain Global LLC | $20.78M | 0.37% | 2026-06-30 |
| 21 | Volterra Technologies LP | $15.35M | 0.27% | 2026-06-30 |
| 22 | Bank of New York Mellon Corp Custodian | $13.70M | 0.24% | 2026-06-30 |
| 23 | Point72 Asset Management, L.P. | $10.50M | 0.19% | 2026-06-30 |
| 24 | SIG BROKERAGE, LP | $9.45M | 0.17% | 2026-06-30 |
| 25 | Cubist Systematic Strategies, LLC | $8.29M | 0.15% | 2025-09-30 |
45 filers$7.52B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $2.06B | 27.46% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $892.71M | 11.88% | 2026-06-30 |
| 3 | Citigroup Inc. Custodian | $505.44M | 6.73% | 2026-06-30 |
| 4 | Royal Bank of Canada Custodian | $501.21M | 6.67% | 2026-06-30 |
| 5 | Goldman Sachs Group Inc Custodian | $460.06M | 6.12% | 2026-06-30 |
| 6 | Wells Fargo & Company Custodian | $362.18M | 4.82% | 2026-06-30 |
| 7 | Citadel Advisors LLC Custodian | $355.92M | 4.74% | 2026-06-30 |
| 8 | Parallax Volatility Advisers, L.P. | $309.09M | 4.11% | 2026-06-30 |
| 9 | Barclays PLC Custodian | $257.58M | 3.43% | 2026-06-30 |
| 10 | Allianz Asset Management GmbH | $247.41M | 3.29% | 2026-06-30 |
| 11 | Passaic Partners LLC | $211.66M | 2.82% | 2026-06-30 |
| 12 | UBS Group AG Custodian | $172.62M | 2.30% | 2026-06-30 |
| 13 | Millennium Management LLC Custodian | $172.57M | 2.30% | 2026-06-30 |
| 14 | Squarepoint Ops LLC | $164.07M | 2.18% | 2026-06-30 |
| 15 | Jain Global LLC | $150.21M | 2.00% | 2026-06-30 |
| 16 | TORONTO DOMINION BANK | $118.88M | 1.58% | 2026-06-30 |
| 17 | Bank of Montreal Custodian | $111.05M | 1.48% | 2026-06-30 |
| 18 | BNP Paribas Financial Markets Custodian | $80.24M | 1.07% | 2026-06-30 |
| 19 | Calamos Advisors LLC | $70.63M | 0.94% | 2026-06-30 |
| 20 | Walleye Trading LLC | $59.50M | 0.79% | 2026-06-30 |
| 21 | Wolverine Trading, LLC Custodian | $52.56M | 0.70% | 2025-09-30 |
| 22 | Checchi Capital Advisers, LLC | $24.70M | 0.33% | 2026-06-30 |
| 23 | Schonfeld Strategic Advisors LLC | $20.78M | 0.28% | 2026-06-30 |
| 24 | Capula Management Ltd | $20.29M | 0.27% | 2026-06-30 |
| 25 | CAPSTONE INVESTMENT ADVISORS, LLC | $15.10M | 0.20% | 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
47.65M
SI % of Float
6.42%
Days to Cover
2.98
Short Vol Ratio
54.9%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-22
Constituent Performance
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Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|