FLRN State Street SPDR Bloomberg Investment Grade Floating Rate ETF

ETF 30.80 Delayed

ETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

FLRN $30.80 —
Key stats
$30.80
52-Week Range
$30.63 – $30.87
YTD
+0.20%
IV Rank (30D)
45.1
Straddle Price
$1.48
P/C Vol Ratio
0.16
Open
$30.79
Day Range
$30.79 – $30.81
Volume
874,650
Prev Close
$30.79
About

State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) ETF

No description available.

Exchange
ARCX
Inception
2011-11-30
Has Options
Yes
Homepage
https://www.ssga.com/us/en/individual/etfs
Fund profile
holdings as of Oct 19, 2026issuer datathrough Jun 2026flows, SEC filings
Taxable Bond Floating Rate#3 of 9 by assets State Street SPDR Index-tracking
Expense ratio
0.15%
issuer, Oct 21, 2026
Assets
$3.2B
issuer-reported, Oct 19, 2026
Trailing yield
4.27%
paid monthly
Average daily volume
$50M
30 sessions
Holdings
551
top 10 are 8.1%
Listed
Nov 30, 2011
NYSE Arca
Net asset value
$30.78
issuer, Oct 19, 2026 · closed +0.09% to NAV
Median bid/ask spread
0.03%
30 days, issuer-reported
30-day SEC yield
4.13%
issuer
Closure risk, 12 months
0.1%
low · model
Tracking difference
+0.94 pts
vs index, after fees, FY 2026
FrenzyCap ETF score
86
how it is built
Cost70
Liquidity90
Scale93
Diversification100

Moves with. Long Treasuries (10% of its variance, beta 0.08); High yield over Treasuries (8% of its variance, beta 0.19). These factors explain 20% of its daily moves over the last year, so most of what drives this fund is something else.

Stated objective. The State Street SPDR Bloomberg Investment Grade Floating Rate ETF (the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the market for U.S. dollar-denominated, investment grade floating rate notes with maturities greater than or equal to one month and less than five years. (from the fund's prospectus)

All 551 holdingsFlow historyOverlap toolAll Floating Rate ETFs

Fund flows
daily as of Oct 16, 2026issuer datathrough Jun 2026SEC filings
Oct 16, 2026
+$9.2M
latest day
Latest 5 trading days
+$49M
Latest 21 trading days
+$58M
+1.9% of assets
Year to date
+$443M
+$477M over 12 months
Each day
Net creations of FLRN by day, Sep 18, 2026 to Oct 16, 2026
DayNet flow
Oct 16, 2026+$9.2M
Oct 15, 2026+$40M
Oct 14, 2026$0
Oct 13, 2026$0
Oct 12, 2026$0
Oct 9, 2026+$46M
Oct 8, 2026−$9.2M
Oct 7, 2026$0
Oct 6, 2026$0
Oct 5, 2026$0
Oct 2, 2026$0
Oct 1, 2026$0
Sep 30, 2026$0
Sep 29, 2026−$9.2M
Sep 28, 2026$0
Sep 25, 2026−$22M
Sep 24, 2026−$77M
Sep 23, 2026+$28M
Sep 22, 2026$0
Sep 21, 2026+$12M
Sep 18, 2026+$40M

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

Jun 2026
+$46M
latest reported month
Latest 3 months
+$175M
+5.9% of assets
Latest 12 months
+$212M
+7.2% of assets
Jul 2025: +$18MAug 2025: +$12MAugSep 2025: −$95M−$95MOct 2025: −$15MOctNov 2025: −$18MDec 2025: +$58MDecJan 2026: +$65MFeb 2026: +$59KFebMar 2026: +$12MApr 2026: +$21MAprMay 2026: +$108M+$108MJun 2026: +$46MJun
View as a table
Net flows of FLRN by month, Jul 2025 to Jun 2026
MonthNet flow
Jun 2026+$46M
May 2026+$108M
Apr 2026+$21M
Mar 2026+$12M
Feb 2026+$59K
Jan 2026+$65M
Dec 2025+$58M
Nov 2025−$18M
Oct 2025−$15M
Sep 2025−$95M
Aug 2025+$12M
Jul 2025+$18M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago

Similar funds
FundOverlapFeeAssets1Y
FLOTiShares Floating Rate Bond ETF—0.15%$11.5B+0.1%compare
FLTRVanEck IG Floating Rate ETF—0.14%$3.6B+0.2%compare
VRPInvesco Variable Rate Preferred ETF—0.50%$3.0B−4.7%compare
VRIGInvesco Variable Rate Investment Grade ETF—0.30%$1.9B−0.7%compare
TFLRT. Rowe Price Floating Rate ETF—0.61%$613M−2.2%compare

The largest other funds in the Floating Rate category.

Under the hood
fiscal year to Jun 30, 2026SEC census
Authorized participants
5 active
of 41 with agreements; top 3 did 87%
Created · redeemed
$1.2B · $917M
over the fiscal year
Redemptions in kind
100%
creations 99% in kind
Creation unit
100,000
shares
Securities lending
3.16%
of assets on loan on average; earned 0.7 bp
Return vs index
+0.94 pts
after fees; +1.09 before; daily s.d. 0.28

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
551
AUM
$3.2B
Provider
SPDR (State Street)
Inception
2011-11-30
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.15%
Dividend Yield
4.26%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-01 2026-10-06 $0.1063 CD
2026-09-01 2026-09-04 $0.1092 CD
2026-08-03 2026-08-06 $0.1081 CD
2026-07-01 2026-07-07 $0.1053 CD
2026-06-01 2026-06-04 $0.1075 CD
2026-05-01 2026-05-06 $0.1055 CD
Asset Allocation
Top Holdings
top 50 of 551 holdings
Symbol Name Weight % Asset Class Country
— EUROPEAN BK RECON + DEV SR UNSECURED 02/28 VAR 1.15% Corporate Bond Supranational
— SSI US GOV MONEY MARKET CLASS 0.99% Cash/Money Market —
— INTL BK RECON + DEVELOP SR UNSECURED 08/27 VAR 0.92% Corporate Bond Supranational
— EUROPEAN BK RECON + DEV SR UNSECURED 02/29 VAR 0.88% Corporate Bond Supranational
— KOMMUNALBANKEN AS SR UNSECURED 144A 04/29 VAR 0.79% Corporate Bond NO
— EUROPEAN BK RECON + DEV SR UNSECURED 07/30 VAR 0.79% Corporate Bond Supranational
— INTL BK RECON + DEVELOP SR UNSECURED 01/27 VAR 0.78% Corporate Bond Supranational
— KOMMUNALBANKEN AS SR UNSECURED 144A 03/28 VAR 0.73% Corporate Bond NO
— INTL BK RECON + DEVELOP SR UNSECURED 06/27 VAR 0.72% Corporate Bond Supranational
— INTER AMERICAN DEVEL BK SR UNSECURED 03/28 VAR 0.69% Corporate Bond Supranational
— INTER AMERICAN DEVEL BK SR UNSECURED 10/28 VAR 0.66% Corporate Bond Supranational
— INTL FINANCE CORP SR UNSECURED 08/28 VAR 0.65% Corporate Bond Supranational
— INTL BK RECON + DEVELOP SR UNSECURED 11/28 VAR 0.64% Corporate Bond Supranational
— INTER AMERICAN DEVEL BK SR UNSECURED 10/27 VAR 0.63% Corporate Bond Supranational
— INTER AMERICAN DEVEL BK SR UNSECURED 02/31 VAR 0.62% Corporate Bond Supranational
— INTER AMERICAN DEVEL BK UNSECURED 08/29 VAR 0.58% Corporate Bond Supranational
— INTER AMERICAN DEVEL BK SR UNSECURED 03/30 VAR 0.58% Corporate Bond Supranational
— INTER AMERICAN DEVEL BK SR UNSECURED 02/29 VAR 0.57% Corporate Bond Supranational
— INTER AMERICAN DEVEL BK SR UNSECURED 04/27 VAR 0.55% Corporate Bond Supranational
— ASIAN DEVELOPMENT BANK SR UNSECURED 06/28 VAR 0.55% Corporate Bond Supranational
— INTL BK RECON + DEVELOP SR UNSECURED 01/29 VAR 0.54% Corporate Bond Supranational
— INTL BK RECON + DEVELOP SR UNSECURED 02/31 VAR 0.53% Corporate Bond Supranational
— INTL BK RECON + DEVELOP SR UNSECURED 10/30 VAR 0.53% Corporate Bond Supranational
— INTL BK RECON + DEVELOP SR UNSECURED 02/27 VAR 0.53% Corporate Bond Supranational
— AMAZON.COM INC SR UNSECURED 03/28 VAR 0.52% Corporate Bond US
— BNG BANK NV SR UNSECURED 144A 03/31 VAR 0.52% Corporate Bond NL
— INTL BK RECON + DEVELOP SR UNSECURED 05/28 VAR 0.51% Corporate Bond Supranational
— INTL FINANCE CORP SR UNSECURED 08/29 VAR 0.50% Corporate Bond Supranational
— EUROPEAN INVESTMENT BANK SR UNSECURED 09/31 VAR 0.46% Corporate Bond Supranational
— ASIAN DEVELOPMENT BANK SR UNSECURED 04/27 VAR 0.44% Corporate Bond Supranational
— ASIAN DEVELOPMENT BANK SR UNSECURED 01/31 VAR 0.43% Corporate Bond Supranational
— COMMONWEALTH BANK AUST SR UNSECURED 144A 03/30 VAR 0.40% Corporate Bond AU
— HSBC HOLDINGS PLC SR UNSECURED 05/31 VAR 0.40% Corporate Bond GB
— AUST + NZ BANKING GROUP SR UNSECURED 144A 07/27 VAR 0.39% Corporate Bond AU
— INTL FINANCE CORP UNSECURED 07/27 VAR 0.38% Corporate Bond Supranational
— UBS AG STAMFORD CT SR UNSECURED 08/29 VAR 0.37% Corporate Bond CH
— AUST + NZ BANKING GROUP SR UNSECURED 144A 06/28 VAR 0.37% Corporate Bond AU
— SUMITOMO MITSUI TR BK LT SR UNSECURED 144A 09/31 VAR 0.36% Corporate Bond JP
— INTL FINANCE CORP SR UNSECURED 10/30 VAR 0.35% Corporate Bond Supranational
— SUMITOMO MITSUI BANKING COMPANY GUAR 09/31 VAR 0.34% Corporate Bond JP
— INTL BK RECON + DEVELOP SR UNSECURED 11/27 VAR 0.34% Corporate Bond Supranational
— UNITED OVERSEAS BANK LTD SR UNSECURED 144A 04/28 VAR 0.33% Corporate Bond SG
— AT+T INC SR UNSECURED 08/28 VAR 0.33% Corporate Bond US
— WESTPAC BANKING CORP SR UNSECURED 144A 06/31 VAR 0.33% Corporate Bond AU
— CITIBANK NA SR UNSECURED 05/27 VAR 0.33% Corporate Bond US
— GOLDMAN SACHS GROUP INC SR UNSECURED 10/27 VAR 0.33% Corporate Bond US
— DBS GROUP HOLDINGS LTD SR UNSECURED 144A 03/28 VAR 0.32% Corporate Bond SG
— COMMONWEALTH BANK AUST SR UNSECURED 144A 03/28 VAR 0.32% Corporate Bond AU
— SWEDISH EXPORT CREDIT SR UNSECURED 05/27 VAR 0.32% Corporate Bond SE
— MACQUARIE BANK LTD SR UNSECURED 144A 06/28 VAR 0.31% Corporate Bond AU
Non-Equity Breakdown
State Street(R) SPDR(R) Bloomberg Investment Grade Floating Rate ETF · NPORT-P period 2026-06-30 (filed 2026-08-28)
Net assets: $2.97B · 541 total positions · equity 0.00% · non-equity 101.59%
Non-equity holdings — 541 positions, 101.59% of NAV
Category Weight Value Positions
Corporate 73.46% $2.18B 468
Non-US Sovereign 25.33% $751.2M 69
Short-term investment 2.57% $76.1M 3
Debt 0.23% $6.8M 1
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan0.16%0.00%0.72%0.49%0.42%0.36%0.36%
Feb0.00%-0.07%0.62%0.55%0.49%0.26%0.31%
Mar-0.03%-0.29%-0.49%0.52%0.23%0.16%0.02%
Apr-0.03%-0.10%0.66%0.49%0.13%0.62%0.29%
May0.16%-0.20%0.66%0.59%0.56%0.36%0.35%
Jun0.07%-0.92%0.59%0.39%0.49%0.29%0.15%
Jul0.00%0.68%0.62%0.46%0.42%0.29%0.41%
Aug0.00%0.56%0.52%0.49%0.33%0.39%0.38%
Sep0.07%-0.26%0.46%0.55%0.46%0.29%0.26%
Oct-0.03%0.30%0.36%0.49%0.39%0.26%*0.29%
Nov-0.10%0.50%0.46%0.36%0.39%--0.32%
Dec0.03%0.36%0.00%0.10%0.00%--0.10%
Total0.30%0.55%5.30%5.62%4.39%3.33%3.25%
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: $30.78
SMA 50: $30.79
SMA 200: $30.78
Current: $30.80
EMA 12: $30.78
EMA 26: $30.78
MACD: 0.0003 | Signal: 0.0040
BEARISH
ADX (14): 16.39
RANGE
+DI: 22.30
−DI: 15.44

Momentum Oscillators

RSI (14): 55.43
NEUTRAL
Stoch %K: 77.78
Stoch %D: 67.90
Williams %R: -11.11

Volume & Volatility

BB Upper: $30.85
BB Lower: $30.71
NEUTRAL
OBV: 130,626,836
Vol SMA 20: 1,303,907
Vol ROC: 87.87%
ATR: $0.02
True Range: $0.02
HV 20: 1.5%
HV 30: 1.3%
HV 60: 1.4%

Data Summary

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

FLRN Stock Analysis Report

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

Executive Summary

Overall Assessment: NEUTRAL | Confidence: 7/10

FLRN is a passively managed floating-rate bond ETF experiencing a period of stability rather than directional momentum. The fund recently hit a new 52-week high ($30.79), reflecting positive investor sentiment toward floating-rate instruments in the current rate environment. However, technical indicators show a fund at equilibrium with minimal momentum signals and extremely tight price consolidation.

Key Drivers:

  • Rising interest rate environment favoring floating-rate bond valuations (trailing yield 4.27%)
  • Positive fund flows: +$212M (+7.2% of assets) over 12 months, with recent acceleration (+$46M in latest month)
  • Low expense ratio (0.15%) attracting cost-conscious fixed-income investors

Primary Risks:

  • Minimal technical directional conviction; price locked at moving average confluence
  • Extremely low volatility (HV20 1.5%) may constrict upside and provide false security
  • Massive IV Premium (1110.7% above realized volatility) suggests options market pricing disconnection or data anomaly
  • Rate reversal or yield curve flattening could pressure floating-rate demand

Investment Thesis: FLRN represents a steady-state position for floating-rate bond exposure with modest inflows supporting current levels. The fund's tight technical consolidation and near-zero beta to equities make it suitable for capital preservation rather than growth, but lacks catalysts for significant appreciation in the near term.

Technical Analysis

Trend Direction

| Timeframe | Assessment | Conviction | |-----------|-----------|-----------| | Short-term (1-4 weeks) | NEUTRAL/RANGE-BOUND | Medium | | Medium-term (1-3 months) | NEUTRAL with slight upside bias | Medium | | Long-term (3-12 months) | NEUTRAL - stable consolidation | High |

Analysis:

  • Price at Multi-MA Confluence: Current price ($30.79) trades exactly at SMA 20 ($30.79), SMA 50 ($30.78), and SMA 200 ($30.78). This perfect alignment indicates the fund is neither trending above nor below its major moving averages—a classic range-bound signal.
  • ADX Reading (17.18): Indicates a weak trend regime with low directional strength. The +DI (23.52) slightly edges -DI (21.49), suggesting marginally more upside pressure, but both are low in absolute terms.
  • Recent 52-Week High: The fund's recent reach to a new 52-week high provides some technical confirmation of longer-term uptrend completion, but without follow-through momentum.

Support/Resistance Levels

| Level | Type | Distance | Relevance | |-------|------|----------|-----------| | $30.72 | Lower Bollinger Band | -0.23% | Immediate support; tight squeeze | | $30.78-$30.79 | MA Cluster (20/50/200) | Current | Pivot zone (strong holding) | | $30.86 | Upper Bollinger Band | +0.23% | Immediate resistance | | $30.79±$1.40 (7-DTE) | Options Expected Move | ±4.5% | Market-implied 1-week range | | $30.79±$3.23 (37-DTE) | Options Expected Move | ±10.5% | Market-implied 5-week range |

Interpretation: The Bollinger Bands width of 0.46 indicates extreme compression—a squeeze pattern where volatility is historically constrained. Price oscillating within this narrow band suggests low probability of breakout without external catalyst.

Momentum Signals

RSI (14): 51.28 — NEUTRAL

  • Price is neither overbought (>70) nor oversold (<30)
  • Perfectly centered, indicating equilibrium between buyers and sellers
  • No directional momentum confirmation

MACD: -0.01 / Signal: -0.00 / Histogram: -0.01 — BEARISH (Weak)

  • Histogram is negative but minimal (-0.01), indicating extremely weak bearish crossover
  • This is essentially at zero, suggesting no meaningful momentum in either direction
  • The bearish reading is marginal and unreliable given the precision of values

Stochastic Oscillator: %K 45.83, %D 43.06 — NEUTRAL

  • Both readings in the neutral zone (30-70), closer to midrange
  • No overbought/oversold extremes
  • Slight upward bias (%K above %D) but lacks conviction

Williams %R: -45.83 — NEUTRAL

  • Reading between -50 and 0 indicates neutral momentum
  • No extreme overbought (-0 to -20) or oversold (-80 to -100) signal

Bollinger Bands Position: SQUEEZE

  • Price at exact middle band ($30.79)
  • Width of 0.46 is extremely narrow, indicating historical low volatility
  • Band squeeze often precedes breakout, but direction unconfirmed

Volume Analysis

| Metric | Value | Signal | |--------|-------|--------| | 20-Day Avg Volume | 1,485,431 | Baseline | | Volume Rate of Change | -53.95% | BEARISH | | On-Balance Volume | 129,926,667.23 | Positive accumulation |

Interpretation:

  • Volume Declining: The -53.95% volume rate of change signals significantly below-average trading activity, suggesting reduced institutional interest or passive index tracking behavior
  • OBV Positive: Despite lower current volume, cumulative OBV remains healthy, indicating institutional money has accumulated positions
  • Liquidity Assessment: While volume is light, the $3.1B AUM and passive structure suggest adequate redemption/creation liquidity

Institutional Interest Signal: The positive net flows (+$212M over 12 months) contrasted with declining volume suggests passive dollar-weighted inflows rather than active trading conviction. Investors are adding shares methodically rather than engaging in momentum-driven trading.

News & Sentiment Analysis

Recent Headlines Summary

All six news headlines span from January 2022 through September 2023, with consistent neutral sentiment across all items:

  1. "Floating Rate Bond ETF (FLRN) Hits New 52-Week High" (9/30/2023 and 3/1/2023) — Factual milestone reporting, no valuation judgment
  2. "Floating Rate ETFs Hitting New Highs" (2/22/2023) — Sector-wide observation
  3. "Floating Rate ETFs to Manage Higher Rates" (9/21/2022) — Educational positioning amid rate environment
  4. "Floating Rate ETFs to Bet on Rate Hike" (3/23/2022) — Forward-looking tactical commentary
  5. "ETF Strategies to Follow Amid Rising Yields" (1/24/2022) — Generic strategy discussion

Sentiment Assessment: NEUTRAL TO SLIGHTLY POSITIVE (Implicit)

Analysis:

  • No Negative Headlines: Absence of redemptions, tracking errors, fund closures, or regulatory concerns
  • Positive Implicit Narrative: Multiple "New 52-Week High" mentions suggest fund is performing as designed
  • Rate Environment Tailwind: Headlines frame floating-rate ETFs as logical positioning for rising/higher rate environment (pre-2024 Fed pivot)
  • No Recent Crisis Events: News lacks urgency or dramatic developments

Catalyst Identification: NONE IMMEDIATE

  • No earnings data available (ETFs don't report earnings; portfolio holdings report separately)
  • No product launches or strategic changes mentioned
  • No regulatory or compliance issues flagged
  • Macro Catalyst: Federal Reserve policy decisions remain the primary driver (not announced in headline data)

Market Narrative Alignment

| Signal Type | Reading | Alignment | |------------|---------|----------| | Technical | Consolidation, range-bound | Consistent with headline calm | | News Sentiment | Neutral/factual | Matches lack of momentum | | Fund Flows | Positive (+$212M YTD) | Supports slight upside bias in technicals | | Volatility | Extremely low (HV20 1.5%) | Reflects stable bond market |

Conflict Assessment:

  • Minimal Conflict: News and technical signals are aligned—both suggest a fund at equilibrium with modest positive
Generated
News
All FLRN news →

FLRN Options Activity & IV Rank

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

Volatility Metrics

Current IV: 16.9%
7-DTE IV: —
Expected Move: $1.48
7-DTE Move: $1.48
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 425
Put Volume: 69
P/C Volume: 0.162
BULLISH
Call OI: 425
Put OI: 69
P/C OI: 0.162
Total OI: 494

ATM Options Pricing

ATM Call: $0.72
ATM Put: $0.75
Call %: 2.4%
Put %: 2.4%

Chain Summary

Chain Volume: 2,291
Chain OI: 5,214
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
HIGH γ vs HISTORY

Estimated net dealer gamma is at the 90th 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
90%
vs own history
GEX tilt
-1.00
OI-weighted, today
Vanna tilt
+0.13
δ-sensitivity to IV
Charm tilt
+0.92
δ-decay vs time
Charm tilt +0.92: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.

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.

· 5 ATM contracts, 1k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 21 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 15.8% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)45.1MediumOct 21
Straddle Price (30 DTE)$1.48Oct 21
Beta Analysis

Risk Metrics

Beta: 0.0135
Alpha: -0.26%
Correlation: 0.1194
R-Squared: 1.4%
Stock Volatility: 1.4%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

FLRN Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

369 filers62,271,575 shares$1.91B value
# Filer Shares Value % of Total % of Float Period
1 Wealthfront Advisers LLC 5,067,526 $156.33M 8.19% — 2026-06-30
2 Ameriprise Financial, Inc. Custodian 4,105,014 $127.10M 6.66% — 2026-06-30
3 LPL Financial LLC Custodian 3,934,329 $121.37M 6.36% — 2026-06-30
4 Envestnet Asset Management, Inc. 2,699,472 $83.28M 4.36% — 2026-06-30
5 Bank of America Corp Custodian 2,456,048 $75.77M 3.97% — 2026-06-30
6 Morgan Stanley Custodian 1,974,296 $60.91M 3.19% — 2026-06-30
7 New York Life Investment Management LLC 1,967,252 $60.69M 3.18% — 2026-06-30
8 Wells Fargo & Company Custodian 1,868,939 $57.66M 3.02% — 2026-06-30
9 Curbstone Financial Management Corp 1,304,506 $40.24M 2.11% — 2026-06-30
10 Facet Wealth, Inc. 1,166,828 $36.00M 1.89% — 2026-06-30
11 Beacon Capital Management, Inc. 1,115,547 $34.40M 1.80% — 2026-09-30
12 Farther Finance Advisors, LLC Custodian 1,009,744 $31.14M 1.63% — 2026-09-30
13 Cetera Investment Advisers Custodian 1,007,464 $31.08M 1.63% — 2026-06-30
14 Stratos Investment Management, LLC 991,167 $30.58M 1.60% — 2026-06-30
15 KEYBANK NATIONAL ASSOCIATION/OH 969,434 $29.91M 1.57% — 2026-06-30
16 State Street Corp 941,322 $29.04M 1.52% — 2026-06-30
17 MFA WEALTH ADVISORS, LLC 940,604 $29.01M 1.52% — 2026-09-30
18 Cornerstone Management, Inc. 877,554 $27.06M 1.42% — 2026-09-30
19 Raymond James Financial, Inc. Custodian 847,170 $26.14M 1.37% — 2026-06-30
20 Advisory Alpha, LLC 806,621 $24.88M 1.30% — 2026-06-30
21 WESCAP Management Group, Inc. 790,575 $24.39M 1.28% — 2026-06-30
22 Ameliora Wealth Management Ltd. 742,057 $22.89M 1.20% — 2026-06-30
23 Penobscot Investment Management Company, Inc. 629,278 $19.41M 1.02% — 2026-06-30
24 Citadel Advisors LLC Custodian 549,371 $16.95M 0.89% — 2026-06-30
25 ALLSTATE CORP 549,206 $16.94M 0.89% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
387.71K
SI % of Float
0.38%
Days to Cover
1.00
Short Vol Ratio
66.0%
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