BenzingaT3·4mo ago
GNR State Street SPDR S&P Global Natural Resources ETF
ETF 76.38 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.
GNR
$76.38
—
Key stats
$76.38
- 52-Week Range
- $57.24 – $80.58
- YTD
- +20.76%
- IV Rank (30D)
- 99.27
- Straddle Price
- $4.60
- P/C Vol Ratio
- 0.00
- Open
- $76.64
- Day Range
- $76.11 – $76.64
- Volume
- 104,987
- Prev Close
- $76.47
About
State Street SPDR S&P Global Natural Resources ETF (GNR) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2010-09-13
- 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
- Expense ratio
- 0.40% issuer, Oct 21, 2026
- Assets
- $5.4B issuer-reported, Oct 19, 2026
- Trailing yield
- 2.38% paid semi-annual
- Average daily volume
- $39M 30 sessions
- Holdings
- 116 top 10 are 36.2%
- Listed
- Sep 13, 2010 NYSE Arca
- Net asset value
- $76.64 issuer, Oct 19, 2026 · closed -0.22% to NAV
- Median bid/ask spread
- 0.10% 30 days, issuer-reported
- 30-day SEC yield
- 2.18% issuer
- Tracking difference
- +0.18 pts vs index, after fees, FY 2025
Cost76
Liquidity86
Scale100
Diversification75
Moves with. Gold (32% of its variance, beta 0.29); US large-cap stocks (16% of its variance, beta 0.54); Emerging markets over US (6% of its variance, beta 0.15); Developed markets ex-US over US (5% of its variance, beta 0.23). These factors explain 61% of its daily moves over the last year.
Stated objective. The State Street SPDR S&P Global Natural Resources ETF (the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks publicly-traded companies in natural resources and/or commodities businesses. (from the fund's prospectus)
All 116 holdingsFlow historySimilar fundsOverlap toolAll Natural Resources & Agriculture ETFs
Fund flows
daily as of Oct 16, 2026issuer datathrough Jun 2026SEC filings- Oct 16, 2026
- +$156M latest day
- Latest 5 trading days
- +$156M
- Latest 21 trading days
- +$164M +3.0% of assets
- Year to date
- +$666M +$943M over 12 months
Each day
| Day | Net flow |
|---|---|
| Oct 16, 2026 | +$156M |
| Oct 15, 2026 | $0 |
| Oct 14, 2026 | −$380K |
| 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 | $0 |
| Sep 29, 2026 | $0 |
| Sep 28, 2026 | $0 |
| Sep 25, 2026 | $0 |
| Sep 24, 2026 | $0 |
| Sep 23, 2026 | $0 |
| Sep 22, 2026 | $0 |
| Sep 21, 2026 | $0 |
| Sep 18, 2026 | +$7.7M |
Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.
- Jun 2026
- +$33M latest reported month
- Latest 3 months
- +$9.4M +0.2% of assets
- Latest 12 months
- +$928M +20.7% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$33M |
| May 2026 | +$58M |
| Apr 2026 | −$82M |
| Mar 2026 | +$135M |
| Feb 2026 | +$85M |
| Jan 2026 | +$131M |
| Dec 2025 | +$87M |
| Nov 2025 | −$305M |
| Oct 2025 | +$498M |
| Sep 2025 | $0 |
| Aug 2025 | −$98M |
| Jul 2025 | +$386M |
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 | |
|---|---|---|---|---|---|
| GUNRNorthern Trust Morningstar Global Upstream Natural Resources ETF | 59% | 0.46% | $7.1B | +24.7% | compare |
| NRESXtrackers RREEF Global Natural Resources ETF | 52% | 0.45% | $37M | +25.9% | compare |
| NANRState Street SPDR S&P North American Natural Resources ETF | 51% | 0.35% | $841M | +38.0% | compare |
| TURFT. Rowe Price Natural Resource ETF | 50% | 0.44% | $157M | +24.8% | compare |
| HAPVanEck Natural Resources ETF | 50% | 0.41% | $328M | +30.0% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 19, 2026issuer data- Holdings vs fair value
- +11.0% 37% under, 19% over · 70% covered
- Above 200-day average
- 69% 50% above 50-day · by weight
- Short interest
- 2.6% of float, weighted · 4.5 days to cover
- Insider buying
- 2% of weight had net insider buying, 90 days; 19% net selling
- 13F holders
- +3.7% change in shares held by institutions, latest quarter
- Reporting earnings
- 14.8% of weight in 7 days; 50.8% in 14
Holdings reporting in the next 14 days · weighted implied move this week 1.09%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Decrease | Shell PLC | 5.30% | 4.15% | −17.3% |
| Decrease | XOMExxon Mobil Corp | 5.51% | 4.48% | −12.2% |
| Decrease | TotalEnergies SE | 3.68% | 2.97% | −16.1% |
| Decrease | BP PLC | 2.44% | 1.83% | −15.9% |
| Decrease | CVXChevron Corp | 3.02% | 2.44% | −12.5% |
| Decrease | CNQCanadian Natural Resources Ltd | 1.97% | 1.55% | −16.2% |
| Decrease | SUSuncor Energy Inc | 1.54% | 1.20% | −16.9% |
| Exit | SEESealed Air Corp | 0.29% | — | — |
| Decrease | COPConocoPhillips | 1.26% | 1.00% | −12.3% |
| Decrease | Eni SpA | 1.15% | 0.92% | −16.1% |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.6%. Full holdings and history
Under the hood
fiscal year to Sep 30, 2025SEC census- Authorized participants
- 5 active of 41 with agreements; top 3 did 83%
- Created · redeemed
- $620M · $581M over the fiscal year
- Redemptions in kind
- 100% creations 95% in kind
- Creation unit
- 25,000 shares
- Securities lending
- 8.20% of assets on loan on average; earned 2.9 bp
- Return vs index
- +0.18 pts after fees; +0.60 before; daily s.d. 0.45
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
115
AUM
$5.4B
Provider
SPDR (State Street)
Inception
2010-09-13
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.40%
Dividend Yield
2.39%
Distribution
Semi-Annually
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-01 | 2026-06-03 | $0.8612 | CD |
| 2025-12-18 | 2025-12-22 | $0.9611 | CD |
| 2025-06-02 | 2025-06-04 | $0.7560 | CD |
| 2024-12-18 | 2024-12-24 | $1.3683 | CD |
| 2024-06-03 | 2024-06-07 | $0.9873 | CD |
| 2023-12-15 | 2023-12-22 | $0.9821 | CD |
Asset Allocation
Top Holdings
top 50 of 115 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| SHEL | SHELL PLC | 5.35% | Equity (Foreign) | GB |
| XOM | EXXONMOBIL HOLDINGS CORP | 5.07% | Equity (US) | US |
| BHP | BHP GROUP LTD | 4.53% | Equity (Foreign) | AU |
| NTR | NUTRIEN LTD | 4.26% | Equity (Foreign) | CA |
| TTE | TOTALENERGIES SE | 3.44% | Equity (Foreign) | FR |
| UPM | UPM KYMMENE OYJ | 3.08% | Equity (Foreign) | FI |
| CVX | CHEVRON CORP | 2.91% | Equity (US) | US |
| NEM | NEWMONT CORP | 2.84% | Equity (US) | US |
| BP. | BP PLC | 2.33% | Equity (Foreign) | GB |
| FCX | FREEPORT MCMORAN INC | 2.25% | Equity (US) | US |
| VYLR | VYLOR INC | 2.25% | Equity (US) | US |
| AEM | AGNICO EAGLE MINES LTD | 2.16% | Equity (Foreign) | CA |
| CNQ | CANADIAN NATURAL RESOURCES | 2.07% | Equity (Foreign) | CA |
| ADM | ARCHER DANIELS MIDLAND CO | 1.78% | Equity (US) | US |
| SU | SUNCOR ENERGY INC | 1.70% | Equity (Foreign) | CA |
| GLEN | GLENCORE PLC | 1.59% | Equity (Foreign) | GB |
| — | SVENSKA CELLULOSA AB SCA B | 1.57% | Equity (Foreign) | SE |
| ABX | BARRICK MINING CORP | 1.55% | Equity (Foreign) | CA |
| YAR | YARA INTERNATIONAL ASA | 1.46% | Equity (Foreign) | NO |
| F34 | WILMAR INTERNATIONAL LTD | 1.46% | Equity (Foreign) | SG |
| STERV | STORA ENSO OYJ R SHS | 1.44% | Equity (Foreign) | FI |
| AAL | ANGLO AMERICAN PLC | 1.40% | Equity (Foreign) | GB |
| WPM | WHEATON PRECIOUS METALS CORP | 1.36% | Equity (Foreign) | CA |
| NUE | NUCOR CORP | 1.36% | Equity (US) | US |
| COP | CONOCOPHILLIPS | 1.23% | Equity (US) | US |
| SIGN | SIG GROUP AG | 1.21% | Equity (Foreign) | CH |
| SUZ | SUZANO SA SPON ADR | 1.19% | Equity (Foreign) | BR |
| ENI | ENI SPA | 1.07% | Equity (Foreign) | IT |
| FNV | FRANCO NEVADA CORP | 1.06% | Equity (Foreign) | CA |
| VALE | VALE SA SP ADR | 1.04% | Equity (Foreign) | BR |
| SW | SMURFIT WESTROCK PLC | 1.00% | Equity (Foreign) | IE |
| — | OJI HOLDINGS CORP | 0.99% | Equity (Foreign) | — |
| PKG | PACKAGING CORP OF AMERICA | 0.98% | Equity (US) | US |
| AMCR | AMCOR PLC | 0.95% | Equity (Foreign) | CH |
| MPC | MARATHON PETROLEUM CORP | 0.95% | Equity (US) | US |
| MNDI | MONDI PLC | 0.93% | Equity (Foreign) | GB |
| RIO | RIO TINTO LTD | 0.92% | Equity (Foreign) | — |
| VLO | VALERO ENERGY CORP | 0.88% | Equity (US) | US |
| AU | ANGLOGOLD ASHANTI PLC | 0.88% | Equity (Foreign) | GB |
| PBR | PETROLEO BRASILEIRO SPON ADR | 0.88% | Equity (Foreign) | BR |
| CF | CF INDUSTRIES HOLDINGS INC | 0.83% | Equity (US) | US |
| WDS | WOODSIDE ENERGY GROUP LTD | 0.82% | Equity (Foreign) | AU |
| CVE | CENOVUS ENERGY INC | 0.82% | Equity (Foreign) | CA |
| IP | INTERNATIONAL PAPER CO | 0.82% | Equity (US) | US |
| PSX | PHILLIPS 66 | 0.80% | Equity (US) | US |
| WFG | WEST FRASER TIMBER CO LTD | 0.78% | Equity (Foreign) | CA |
| STLD | STEEL DYNAMICS INC | 0.76% | Equity (US) | US |
| ICL | ICL GROUP LTD | 0.75% | Equity (Foreign) | IL |
| GFI | GOLD FIELDS LTD SPONS ADR | 0.74% | Equity (Foreign) | ZA |
| EQNR | EQUINOR ASA | 0.70% | Equity (Foreign) | NO |
Geographic Breakdown
Non-Equity Breakdown
State Street(R) SPDR(R) S&P(R) Global Natural Resources ETF ·
NPORT-P period 2026-06-30
(filed 2026-08-28)
Net assets:
$4.48B
· 102 total positions
· equity 99.12%
· non-equity 4.15%
Non-equity holdings
— 10 positions,
4.15% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 3.98% | $178.1M | 4 |
| Other | 0.19% | $8.7M | 1 |
| Derivative (equity) | -0.02% | $-737458 | 5 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -1.18% | 3.67% | 9.32% | -5.74% | 4.13% | 7.75% | 2.99% |
| Feb | 7.46% | 1.65% | -6.29% | -0.74% | 0.79% | 10.81% | 2.28% |
| Mar | 0.20% | 7.80% | -2.78% | 7.02% | 3.50% | -1.59% | 2.36% |
| Apr | 2.57% | -6.57% | -2.21% | -0.98% | -4.10% | 0.42% | -1.81% |
| May | 3.54% | 5.06% | -9.00% | 4.19% | 3.85% | -0.82% | 1.14% |
| Jun | -4.66% | -15.52% | 4.48% | -3.47% | 1.97% | -8.13% | -4.22% |
| Jul | -0.99% | 4.49% | 6.20% | 1.52% | -0.71% | 8.30% | 3.14% |
| Aug | -1.35% | 0.97% | -2.08% | 2.37% | 7.08% | 8.36% | 2.56% |
| Sep | -0.95% | -6.43% | -1.68% | 4.89% | 2.10% | -5.31% | -1.23% |
| Oct | 4.02% | 6.43% | -2.47% | -4.93% | -0.76% | 3.55%* | 0.97% |
| Nov | -5.18% | 8.98% | 4.08% | -0.78% | 4.30% | -- | 2.28% |
| Dec | 5.23% | -5.39% | 0.30% | -9.06% | 1.30% | -- | -1.52% |
| Total | 8.18% | 2.05% | -3.61% | -6.75% | 25.56% | 23.71% | 8.19% |
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: $75.45
SMA 50: $76.79
SMA 200: $73.04
Current: $76.38
EMA 12: $76.11
EMA 26: $76.06
MACD: 0.0500 | Signal: 0.1939
BEARISH
ADX (14): 17.44
RANGE
+DI: 26.09
−DI: 22.90
Momentum Oscillators
RSI (14): 52.36
NEUTRAL
Stoch %K: 78.28
Stoch %D: 83.86
Williams %R: -25.07
Volume & Volatility
BB Upper: $77.38
BB Lower: $73.52
NEUTRAL
OBV: 7,357,711
Vol SMA 20: 399,220
Vol ROC: -25.50%
ATR: $0.89
True Range: $0.53
HV 20: 11.9%
HV 30: 15.5%
HV 60: 15.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
GNR (State Street SPDR S&P Global Natural Resources ETF) - Comprehensive Analysis
Executive Summary
Overall Assessment: NEUTRAL | Confidence Level: 6/10
GNR is a passively managed natural resources ETF showing mixed technical signals with a slight bullish bias offset by bearish momentum indicators. The fund is reasonably positioned (assets $5.2B, expense ratio 0.40% vs 0.50% category median) but faces headwinds from diverging technical signals and modest fund flows. The portfolio holds 115 positions concentrated in energy majors (Shell 5.3%, ExxonMobil 5.1%, BHP 4.6%), with recent manager activity showing selective trimming of major energy holdings. Current price action suggests consolidation near recent resistance with elevated options volatility priced in, creating a risk/reward scenario best suited to neutral positioning or tactical trades.
Primary Drivers:
- Energy commodity exposure (oil/gas prices, geopolitical risk)
- Sector rotation dynamics (energy rebound vs macro concerns)
- Portfolio composition shifts (manager trimming of legacy positions)
Primary Risks:
- Bearish MACD crossover and negative histogram (-0.31)
- Stochastic overbought readings (89.49/%K, 88.03/%D) suggesting pullback risk
- Low options volume/open interest (3.0 calls vs 0 puts) indicating thin liquidity in derivatives
- Fund concentration in cyclical energy majors vulnerable to demand shocks
Investment Thesis: GNR trades at the intersection of bullish price structure (above all major moving averages, RSI neutral) and bearish momentum (MACD breakdown, stochastic overbought). The fund's recent portfolio repositioning (trimming Shell, ExxonMobil, TotalEnergies; adding Devon Energy) suggests manager caution on legacy majors. Recent headlines show positive green-energy news (TotalEnergies wind farm, nuclear deal) conflicting with older negative price-action catalyst (April 24 negative Benzinga article), indicating mixed market sentiment.
Recent News Sentiment Impact: Positive headlines (TotalEnergies wind push 5/28, gas/nuclear pivot 3/24, 3/17) are contradicted by older negative article (4/24 "What's Going On" article coinciding with historical weakness). The disconnect suggests headline noise masking underlying technical deterioration. Green energy pivots by top holdings may support longer-term thesis but haven't translated to immediate fund momentum.
Technical Analysis
Trend Direction
Short-term (1-4 weeks): BEARISH
- Price at $77.08 is 1.6 points above SMA 20 ($75.49), but Stochastic overbought (89.49) with MACD histogram deeply negative (-0.31) signals imminent pullback risk.
- ADX at 19.99 confirms range-bound regime (not trending), limiting trending trades.
- Williams %R at -4.70 reflects extreme overbought conditions.
Medium-term (1-3 months): NEUTRAL-BULLISH
- Price above SMA 50 ($76.69) and SMA 200 ($72.84), confirming uptrend structure intact.
- EMA 12 ($75.91) and EMA 26 ($75.97) are nearly converged, suggesting momentum deceleration into consolidation.
- Fund flows modest but positive (+$33M latest month, +$928M annually = +20.7% of assets), indicating gradual accumulation.
Long-term (3-12 months): BULLISH
- Price structure well above 200-day SMA ($72.84) by $4.24 (+5.8%), establishing longer-term uptrend.
- 70% of holdings trading above 200-day averages (look-through data) signals broad portfolio recovery in natural resources.
- Positive alpha (0.19) and low correlation to SPY (0.40) suggest fund is capturing sector-specific gains independent of market drawdowns.
Support/Resistance Levels
Resistance (Upside):
- $77.53 — Upper Bollinger Band; price currently $0.45 below; this is immediate resistance
- $78.00-$78.50 — Round number and likely 52-week resistance zone (estimated from price structure)
- $79.00+ — Extended breakout level if momentum re-ignites
Support (Downside):
- $76.69 — SMA 50 (critical medium-term support)
- $75.49 — SMA 20 and Bollinger Band midline (near-term pivot)
- $73.45 — Lower Bollinger Band; initial capitulation target
- $72.84 — SMA 200 (long-term support floor; only break above would signal trend reversal)
Neutral Zone: $76.00-$77.50 (current price action = consolidation within this band)
Momentum Signals
RSI (14): 57.25 — NEUTRAL
- Mid-range reading (30-70 neutral zone) indicates balanced buyers/sellers
- Not yet overbought (>70) or oversold (<30), providing room to move either direction
- Elevated stochastic suggests RSI may climb toward overbought soon if bullish momentum resumes
MACD: -0.06 (Line) / Signal: 0.25 (Signal) / Histogram: -0.31 — BEARISH CROSSOVER
- Critical bearish signal: MACD line (-0.06) trades below signal line (0.25) with negative histogram (-0.31)
- This indicates recent momentum failure and potential rollover in uptrend
- Bearish crossover typically precedes 1-4 week pullbacks in range-bound regimes
- Signal line at 0.25 acts as near-term resistance; break back above would neutralize this concern
Stochastic %K: 89.49 / %D: 88.03 — OVERBOUGHT (Extreme)
- Both %K and %D in extreme overbought territory (>80 considered overbought; >90 extreme)
- Signals exhaustion of near-term buying pressure
- Typical mean-reversion play: expect pullback to 50-line (~$75.50-$76.00) within 5-10 days
- Williams %R at -4.70 confirms extreme overbought reading
Bollinger Bands: NEUTRAL (Width 5.41)
- Band width of 5.41 is moderate (not squeezed, not expanded)
- Price at $77.08 near upper band ($77.53) but not touching
- Suggests neither extreme compression (breakout setup) nor extreme expansion (volatility spike)
- Neutral positioning allows move in either direction
Momentum Synthesis:
- Conflict: Price structure (above all MAs) is bullish, but momentum oscillators (Stochastic, MACD, Williams %R) are bearish
- Interpretation: Momentum has run ahead of price consolidation; pullback to moving averages is likely before sustained move higher
- Time frame: Expect relief/pullback within 1-2 weeks, with SMA 20 ($75.49) as primary target
Volume Analysis
Volume SMA 20: 404,319.55 shares
- Average daily volume tracking relatively modest levels (typical for large-cap ETF)
- Volume Rate of Change: +8.63% — slightly elevated volume above 20-day average
- Modest uptick suggests mild institutional interest but not capitulation or capitulation squeeze
On-Balance Volume (OBV): 7,659,407.40
- Cumulative OBV in positive territory (accumulated buying pressure > selling pressure)
- Rising OBV on price consolidation is constructive (accumulation pattern), not distribution
- Suggests institutions quietly building positions during sideways price action
Institutional Activity Signals:
- Latest monthly flows (+$33M) represent inflows despite technical overbought signals
- 12-month flows (+$928M, +20.7% of assets) indicate steady institutional accumulation into natural resources
- Manager's trimming of Shell (-), ExxonMobil (-), TotalEnergies (-), BP (-), Chevron (-) paired with addition to Devon Energy signals rebalancing toward higher-yielding/growth assets rather than sector abandonment
- Interpretation: Institutional buyers are staying committed; technical overbought is "good problem" (steady accumulation), not warning sign of distribution
News & Sentiment Analysis
Recent Headlines Summary
Positive Sentiment (4 of 6 headlines):
Generated
News
All GNR news →
BenzingaT3·6mo ago
BenzingaT3·6mo ago
BenzingaT3·6mo ago
BenzingaT3·7mo ago
BenzingaT3·7mo ago
BenzingaT3·7mo ago
BenzingaT3·7mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·31mo ago
Showing 1–10 of 31
Page 1 of 4
GNR Options Activity & IV Rank
GNR IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 31.5%
7-DTE IV: —
Expected Move: $4.60
7-DTE Move: $4.60
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 3
Put Volume: 0
P/C Volume: —
BULLISH
Call OI: 3
Put OI: 0
P/C OI: —
Total OI: 3
ATM Options Pricing
ATM Call: $2.40
ATM Put: $2.20
Call %: 3.1%
Put %: 2.9%
Chain Summary
Chain Volume: 103
Chain OI: 294
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
HIGH γ vs HISTORY
Estimated net dealer gamma is at the 96th 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
96%
vs own history
GEX tilt
+1.00
OI-weighted, today
Vanna tilt
+0.07
δ-sensitivity to IV
Charm tilt
-1.00
δ-decay vs time
Charm tilt -1.00: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? 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 25.1% / 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)99.3HighOct 21
Straddle Price (30 DTE)$4.60Oct 21
Beta Analysis
Risk Metrics
Beta: 0.5616
Alpha: 20.68%
Correlation: 0.4052
R-Squared: 16.4%
Stock Volatility: 17.6%
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
GNR 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.
1 filers$1.93M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $1.93M | 100.00% | 2026-06-30 |
| # | 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
190.90K
SI % of Float
0.28%
Days to Cover
1.00
Short Vol Ratio
58.3%
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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