Zacks Investment ResearchT3·1mo ago
GUNR Northern Trust Morningstar Global Upstream Natural Resources ETF
ETF 53.53 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.
GUNR
$53.53
—
Key stats
$53.53
After hours
$53.53
+0.00%
- 52-Week Range
- $42.52 – $58.07
- YTD
- +14.92%
- IV Rank (30D)
- 74.81
- Straddle Price
- $3.10
- Open
- $53.92
- Day Range
- $53.10 – $53.92
- Volume
- 244,187
- Prev Close
- $54.17
About
Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2011-09-16
- Has Options
- Yes
Fund profile
holdings as of Jul 31, 2026SEC filingthrough Jul 2026flows, SEC filings
Thematic
Natural Resources & Agriculture#1 of 25 by assets
Northern Trust FlexShares
Global
Index-tracking
- Expense ratio
- 0.46% prospectus, filed Feb 25, 2026
- Assets
- $7.1B shares × price, Oct 21, 2026
- Trailing yield
- 2.28% paid quarterly
- Average daily volume
- $20M 30 sessions
- Holdings
- 194 top 10 are 36.6%
- Listed
- Sep 16, 2011 NYSE Arca
- Tracking difference
- -0.19 pts vs index, after fees, FY 2025
Cost69
Liquidity77
Scale100
Diversification76
Moves with. Gold (32% of its variance, beta 0.28); US large-cap stocks (11% of its variance, beta 0.41); Emerging markets over US (6% of its variance, beta 0.15); Developed markets ex-US over US (4% of its variance, beta 0.19). These factors explain 56% of its daily moves over the last year.
Stated objective. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar Global Upstream Natural Resources Index SM (the Underlying Index). (from the fund's prospectus)
All 194 holdingsFlow historySimilar fundsOverlap toolAll Natural Resources & Agriculture ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- +$103M latest reported month
- Latest 3 months
- +$103M +1.4% of assets
- Latest 12 months
- +$1.0B +13.8% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$103M |
| Jun 2026 | $0 |
| May 2026 | $0 |
| Apr 2026 | −$49M |
| Mar 2026 | +$171M |
| Feb 2026 | +$142M |
| Jan 2026 | +$331M |
| Dec 2025 | +$14K |
| Nov 2025 | +$154M |
| Oct 2025 | +$31M |
| Sep 2025 | +$178M |
| Aug 2025 | −$59M |
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 | |
|---|---|---|---|---|---|
| GNRState Street SPDR S&P Global Natural Resources ETF | 59% | 0.40% | $5.4B | +28.7% | compare |
| TURFT. Rowe Price Natural Resource ETF | 58% | 0.44% | $157M | +23.9% | compare |
| HAPVanEck Natural Resources ETF | 43% | 0.41% | $328M | +29.1% | compare |
| NRESXtrackers RREEF Global Natural Resources ETF | 41% | 0.45% | $37M | +26.5% | compare |
| CSNRCohen & Steers Natural Resources Active ETF | 41% | 0.50% | $91M | +25.3% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Jul 31, 2026SEC filing- Holdings vs fair value
- +20.3% 53% under, 10% over · 50% covered
- Above 200-day average
- 57% 41% above 50-day · by weight
- Short interest
- 2.9% of float, weighted · 4.2 days to cover
- Insider buying
- 2% of weight had net insider buying, 90 days; 14% net selling
- 13F holders
- +4.4% change in shares held by institutions, latest quarter
- Reporting earnings
- 10.3% of weight in 7 days; 40.5% in 14
Holdings reporting in the next 14 days · weighted implied move this week 0.67%
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
Apr 30, 2026 → Jul 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Increase | Muyuan Foods Group Co. Ltd. | 0.36% | 1.38% | +327.9% |
| Increase | Qinghai Salt Lake Industry Co. Ltd. | 0.31% | 0.90% | +300.4% |
| Increase | Zijin Mining Group Co. Ltd. | 0.16% | 0.67% | +314.2% |
| Decrease | Bunge Global SA | 1.65% | 1.26% | −10.1% |
| Exit | Stora Enso OYJ | 0.39% | — | — |
| New position | SCCOSouthern Copper Corp. | — | 0.34% | — |
| Exit | AGIAlamos Gold, Inc. | 0.34% | — | — |
| Exit | Boliden AB | 0.33% | — | — |
| Exit | Hindalco Industries Ltd. | 0.30% | — | — |
| New position | CDECoeur Mining, Inc. | — | 0.30% | — |
9 new, 8 exited, 34 increased and 5 decreased between the fund's two latest holdings reports; turnover 8.3%. Full holdings and history
Under the hood
fiscal year to Oct 31, 2025SEC census- Authorized participants
- 4 active of 24 with agreements; top 3 did 95%
- Created · redeemed
- $370M · $1.1B over the fiscal year
- Redemptions in kind
- 85% creations 86% in kind
- Creation unit
- 50,000 shares
- Securities lending
- 7.60% of assets on loan on average; earned 1.5 bp
- Return vs index
- -0.19 pts after fees; +0.33 before; daily s.d. 0.96
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 2026-07-31
Holdings
194
AUM
$7.4B
Provider
Nport
Inception
2011-09-16
Exchange
ARCX
Data As Of
2026-07-31
Expense Ratio
0.46%
Dividend Yield
2.28%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-18 | 2026-09-24 | $0.3663 | CD |
| 2026-06-18 | 2026-06-25 | $0.3490 | CD |
| 2026-03-20 | 2026-03-26 | $0.1975 | CD |
| 2025-12-19 | 2025-12-26 | $0.3204 | CD |
| 2025-09-19 | 2025-09-25 | $0.3497 | CD |
| 2025-06-20 | 2025-06-26 | $0.3530 | CD |
Asset Allocation
Top Holdings
top 50 of 194 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| XOM | ExxonMobil Holdings Corp. | 5.08% | Equity (common) | US |
| CTVA | Corteva, Inc. | 4.93% | Equity (common) | US |
| — | BHP Group Ltd. | 4.61% | Equity (common) | AU |
| NTR | Nutrien Ltd. | 4.32% | Equity (common) | CA |
| — | Shell plc | 3.77% | Equity (common) | US |
| CVX | Chevron Corp. | 3.72% | Equity (common) | US |
| ADM | Archer-Daniels-Midland Co. | 3.23% | Equity (common) | US |
| — | TotalEnergies SE | 2.78% | Equity (common) | FR |
| — | Rio Tinto plc | 2.26% | Equity (common) | AU |
| NEM | Newmont Corp. | 1.85% | Equity (common) | US |
| CF | CF Industries Holdings, Inc. | 1.77% | Equity (common) | US |
| AEM | Agnico Eagle Mines Ltd. | 1.71% | Equity (common) | CA |
| — | BP plc | 1.68% | Equity (common) | US |
| TSN | Tyson Foods, Inc. | 1.57% | Equity (common) | US |
| FCX | Freeport-McMoRan, Inc. | 1.55% | Equity (common) | US |
| COP | ConocoPhillips | 1.49% | Equity (common) | US |
| CNQ | Canadian Natural Resources Ltd. | 1.46% | Equity (common) | CA |
| — | Glencore plc | 1.39% | Equity (common) | AU |
| — | Muyuan Foods Group Co. Ltd. | 1.38% | Equity (common) | CN |
| B | Barrick Mining Corp. | 1.37% | Equity (common) | CA |
| — | Mowi ASA | 1.35% | Equity (common) | NO |
| — | Bunge Global SA | 1.26% | Equity (common) | US |
| AWK | American Water Works Co., Inc. | 1.22% | Equity (common) | US |
| — | Vale SA | 1.21% | Equity (common) | BR |
| — | Industries Qatar QSC | 1.20% | Equity (common) | QA |
| SU | Suncor Energy, Inc. | 1.20% | Equity (common) | CA |
| WPM | Wheaton Precious Metals Corp. | 1.19% | Equity (common) | BR |
| — | Yara International ASA | 1.09% | Equity (common) | BR |
| — | Anglo American plc | 1.08% | Equity (common) | ZA |
| — | SABIC Agri-Nutrients Co. | 1.05% | Equity (common) | SA |
| — | UPM-Kymmene OYJ | 0.93% | Equity (common) | FI |
| FNV | Franco-Nevada Corp. | 0.91% | Equity (common) | CA |
| — | United Utilities Group plc | 0.90% | Equity (common) | GB |
| — | Qinghai Salt Lake Industry Co. Ltd. | 0.90% | Equity (common) | CN |
| WY | Weyerhaeuser Co. | 0.86% | Equity (common) | US |
| — | Cia de Saneamento Basico do Estado de Sao Paulo SABESP | 0.86% | Equity (common) | BR |
| — | Grupo Mexico SAB de CV | 0.82% | Equity (common) | MX |
| EOG | EOG Resources, Inc. | 0.80% | Equity (common) | US |
| CCJ | Cameco Corp. | 0.80% | Equity (common) | CA |
| — | Eni SpA | 0.76% | Equity (common) | IT |
| — | Severn Trent plc | 0.69% | Equity (common) | GB |
| — | Woodside Energy Group Ltd. | 0.68% | Equity (common) | AU |
| — | CITIGROUP GLOBAL MARKETS INC | 0.68% | Repurchase agreement | US |
| MOS | Mosaic Co. (The) | 0.68% | Equity (common) | US |
| — | Zijin Mining Group Co. Ltd. | 0.67% | Equity (common) | CN |
| KGC | Kinross Gold Corp. | 0.67% | Equity (common) | CA |
| — | Gold Fields Ltd. | 0.66% | Equity (common) | ZA |
| — | Saudi Arabian Oil Co. | 0.64% | Equity (common) | SA |
| — | Petroleo Brasileiro SA - Petrobras | 0.62% | Equity (common) | BR |
| TECK | Teck Resources Ltd. | 0.61% | Equity (common) | CA |
Geographic Breakdown
Non-Equity Breakdown
FlexShares Morningstar Global Upstream Natural Resources Index Fund ·
NPORT-P period 2026-07-31
(filed 2026-09-25)
Net assets:
$7.24B
· 194 total positions
· equity 99.47%
· non-equity 2.51%
Non-equity holdings
— 65 positions,
2.51% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Repurchase agreement | 1.82% | $131.5M | 7 |
| Corporate | 0.40% | $29.0M | 15 |
| Short-term investment | 0.29% | $21.2M | 33 |
| Derivative (equity) | 0.00% | $306938 | 7 |
| Derivative (FX) | -0.00% | $-81494 | 3 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -0.42% | 4.00% | 7.51% | -6.29% | 3.52% | 8.72% | 2.84% |
| Feb | 6.06% | 4.09% | -7.02% | -1.48% | 0.26% | 9.98% | 1.98% |
| Mar | -0.08% | 5.76% | -2.78% | 5.33% | 4.24% | -1.31% | 1.86% |
| Apr | 2.84% | -6.13% | -1.20% | 0.39% | -2.93% | -0.18% | -1.20% |
| May | 2.82% | 5.14% | -9.19% | 3.35% | 3.44% | -1.12% | 0.74% |
| Jun | -4.75% | -15.38% | 2.35% | -4.61% | 1.21% | -9.11% | -5.05% |
| Jul | -1.64% | 4.17% | 5.30% | 1.74% | -0.22% | 6.79% | 2.69% |
| Aug | -1.04% | 1.94% | -2.57% | 1.83% | 7.10% | 8.42% | 2.61% |
| Sep | -1.56% | -7.64% | -2.48% | 4.38% | 1.93% | -6.69% | -2.01% |
| Oct | 4.36% | 5.80% | -2.58% | -4.69% | -0.46% | 1.65%* | 0.68% |
| Nov | -4.28% | 7.76% | 3.33% | -0.53% | 3.70% | -- | 2.00% |
| Dec | 6.93% | -3.55% | 0.74% | -7.81% | 1.80% | -- | -0.38% |
| Total | 8.78% | 3.12% | -9.46% | -9.04% | 25.85% | 16.26% | 5.92% |
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: $53.71
SMA 50: $54.95
SMA 200: $53.36
Current: $53.53
EMA 12: $54.03
EMA 26: $54.18
MACD: -0.1454 | Signal: 0.0701
BEARISH
ADX (14): 16.21
RANGE
+DI: 22.28
−DI: 32.46
Momentum Oscillators
RSI (14): 43.31
NEUTRAL
Stoch %K: 62.28
Stoch %D: 73.86
Williams %R: -60.98
Volume & Volatility
BB Upper: $54.85
BB Lower: $52.56
NEUTRAL
OBV: 20,697,017
Vol SMA 20: 405,142
Vol ROC: -24.01%
ATR: $0.64
True Range: $1.07
HV 20: 12.0%
HV 30: 14.8%
HV 60: 15.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL with confidence level 6/10 Key Drivers: Recent news sentiment impact, technical signals Primary Risks: Volatility regime change, potential breakdown from resistance levels Investment Thesis: GUNR's recent price action is driven by neutral news sentiment and mixed technical signals. As a low-volatility stock with a beta of 0.48, it may be an attractive option for risk-averse investors seeking stable returns. Recent News Sentiment Impact: The recent news headlines have been neutral, which has had a minimal impact on the stock price.
Technical Analysis
Trend Direction: Short-term - NEUTRAL, Medium-term - UPTREND, Long-term - UPTREND Support/Resistance Levels: Resistance at $58.41 (upper Bollinger Band), support at $53.97 (lower Bollinger Band) Momentum Signals: + RSI interpretation: 60.75 (neutral) - no clear buy or sell signal + MACD signal: Bullish momentum (1.09) - suggests continued uptrend + Bollinger Bands position: Neutral, with price above middle band - no strong trend yet
News & Sentiment Analysis
Recent Headlines Summary: All recent news headlines are neutral, with no significant market-moving information. Sentiment Assessment: Neutral sentiment dominates, indicating a lack of significant catalysts driving the stock's movement. Catalyst Identification: No immediate or near-term catalysts identified; medium-term potential for earnings-related moves.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to market (beta 0.48) - a stable stock Volatility Regime: Current volatility is low, with historical volatility ranging from 14.2% to 15.3% Options Market Signals: IV rank is low (5.8%), indicating historically low volatility; put/call ratio is neutral.
Market Context & Positioning
Sector Performance: Materials sector has been trending upward, with GUNR moving in line with the broader market. Institutional Activity: Volume patterns suggest institutional interest, but no strong buy or sell signals. Correlation Analysis: Correlation with SPY is 0.37 - a relatively low correlation indicates potential for standalone moves.
Key Levels & Action Items
Critical Price Levels: Support at $53.97 and resistance at $58.41 Breakout/Breakdown Levels: Break above $58.41 or below $53.97 could trigger significant price movements. Time-Sensitive Catalysts: No immediate or near-term catalysts identified; medium-term potential for earnings-related moves. Risk Management: Set stop-loss levels around $54.50 and consider position sizing to manage risk.
This comprehensive analysis report provides an in-depth examination of GUNR's technical, news, and sentiment factors. While the stock is not showing significant momentum or catalysts, it may be a suitable option for risk-averse investors seeking stable returns. However, traders should monitor the stock's price action closely, as volatility regime changes or potential breakdowns from resistance levels could impact its performance.
Generated
News
All GUNR news →
Zacks Investment ResearchT3·28mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·29mo ago
Zacks Investment ResearchT3·30mo ago
Showing 1–10 of 50
Page 1 of 5
GUNR Options Activity & IV Rank
GUNR IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 27.4%
7-DTE IV: —
Expected Move: $3.10
7-DTE Move: $3.10
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 0
Put Volume: 2
P/C Volume: —
Call OI: 0
Put OI: 2
P/C OI: —
Total OI: 2
ATM Options Pricing
ATM Call: $0.80
ATM Put: $2.30
Call %: 1.5%
Put %: 4.3%
Chain Summary
Chain Volume: 72
Chain OI: 167
Last Updated: 10/22/2026
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 99th 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
99%
vs own history
GEX tilt
+0.85
OI-weighted, today
Vanna tilt
+0.92
δ-sensitivity to IV
Charm tilt
-0.83
δ-decay vs time
Vanna tilt +0.92: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.83: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 4 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
No data
30 DTE / 10d
—
—
pts
EXTREME
ATM 34.4% / 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)74.8MediumOct 22
Straddle Price (30 DTE)$3.10Oct 22
Beta Analysis
Risk Metrics
Beta: 0.4593
Alpha: 15.83%
Correlation: 0.3489
R-Squared: 12.2%
Stock Volatility: 16.8%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
GUNR Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
1.18M
SI % of Float
0.90%
Days to Cover
2.80
Short Vol Ratio
53.6%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|