JNK State Street SPDR Bloomberg High Yield Bond ETF

ETF 92.39 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.

JNK $92.39 —
Key stats
$92.39
52-Week Range
$91.71 – $98.08
YTD
-4.99%
IV Rank (30D)
18.44
Straddle Price
$1.83
P/C Vol Ratio
10.57
Open
$92.30
Day Range
$92.25 – $92.50
Volume
1,611,053
Prev Close
$92.24
About

State Street SPDR Bloomberg High Yield Bond ETF (JNK) ETF

No description available.

Exchange
ARCX
Inception
2007-11-28
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 High Yield Bond#5 of 83 by assets State Street SPDR Index-tracking
Expense ratio
0.40%
issuer, Oct 21, 2026
Assets
$5.6B
issuer-reported, Oct 19, 2026
Trailing yield
6.87%
paid monthly
Average daily volume
$432M
30 sessions
Holdings
1,143
top 10 are 4.9%
Listed
Nov 28, 2007
NYSE Arca
Net asset value
$92.24
issuer, Oct 19, 2026 · closed +0.01% to NAV
Median bid/ask spread
0.01%
30 days, issuer-reported
30-day SEC yield
7.64%
issuer
Closure risk, 12 months
0.0%
low · model
Tracking difference
-0.08 pts
vs index, after fees, FY 2026
FrenzyCap ETF score
77
how it is built
Cost34
Liquidity100
Scale100
Diversification100

Moves with. Long Treasuries (42% of its variance, beta 0.33); US large-cap stocks (15% of its variance, beta 0.08); High yield over Treasuries (12% of its variance, beta 0.61); US dollar (3% of its variance, beta -0.06). These factors explain 79% of its daily moves over the last year.

Stated objective. The State Street SPDR Bloomberg High Yield Bond 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 U.S. high yield corporate bond market. (from the fund's prospectus)

All 1,143 holdingsFlow historyOverlap toolAll High Yield Bond ETFs

Fund flows
daily as of Oct 16, 2026issuer datathrough Jun 2026SEC filings
Oct 16, 2026
+$18M
latest day
Latest 5 trading days
+$55M
Latest 21 trading days
−$831M
−14.8% of assets
Year to date
−$1.7B
−$2.1B over 12 months
Each day
Net creations of JNK by day, Sep 18, 2026 to Oct 16, 2026
DayNet flow
Oct 16, 2026+$18M
Oct 15, 2026+$18M
Oct 14, 2026$0
Oct 13, 2026−$426K
Oct 12, 2026+$19M
Oct 9, 2026−$148M
Oct 8, 2026−$19M
Oct 7, 2026+$37M
Oct 6, 2026−$74M
Oct 5, 2026−$314M
Oct 2, 2026−$37M
Oct 1, 2026−$240M
Sep 30, 2026−$93M
Sep 29, 2026−$37M
Sep 28, 2026−$37M
Sep 25, 2026+$56M
Sep 24, 2026−$75M
Sep 23, 2026+$19M
Sep 22, 2026$0
Sep 21, 2026$0
Sep 18, 2026+$76M

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

Jun 2026
−$326M
latest reported month
Latest 3 months
+$331M
+4.5% of assets
Latest 12 months
−$491M
−6.7% of assets
Jul 2025: +$231MAug 2025: −$58MAugSep 2025: +$138MOct 2025: −$233MOctNov 2025: −$346MDec 2025: +$117MDecJan 2026: +$137MFeb 2026: −$116MFebMar 2026: −$693M−$693MApr 2026: +$234MAprMay 2026: +$424M+$424MJun 2026: −$326MJun
View as a table
Net flows of JNK by month, Jul 2025 to Jun 2026
MonthNet flow
Jun 2026−$326M
May 2026+$424M
Apr 2026+$234M
Mar 2026−$693M
Feb 2026−$116M
Jan 2026+$137M
Dec 2025+$117M
Nov 2025−$346M
Oct 2025−$233M
Sep 2025+$138M
Aug 2025−$58M
Jul 2025+$231M

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
USHYiShares Broad USD High Yield Corporate Bond ETF—0.08%$25.6B−5.4%compare
HYGiShares iBoxx $ High Yield Corporate Bond ETF—0.49%$16.2B−4.8%compare
SPHYState Street SPDR Portfolio High Yield Bond ETF—0.05%$11.7B−5.7%compare
SHYGiShares 0-5 Year High Yield Corporate Bond ETF—0.30%$7.6B−4.6%compare
SJNKState Street SPDR Bloomberg Short Term High Yield Bond ETF—0.40%$4.4B−5.4%compare

The largest other funds in the High Yield Bond category.

Under the hood
fiscal year to Jun 30, 2026SEC census
Authorized participants
9 active
of 41 with agreements; top 3 did 82%
Created · redeemed
$12.3B · $12.6B
over the fiscal year
Redemptions in kind
98%
creations 98% in kind
Creation unit
200,000
shares
Securities lending
7.29%
of assets on loan on average; earned 6.4 bp
Return vs index
-0.08 pts
after fees; +0.35 before; daily s.d. 0.41

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
1147
AUM
$5.5B
Provider
SPDR (State Street)
Inception
2007-11-28
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.40%
Dividend Yield
6.85%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-01 2026-10-06 $0.5313 CD
2026-09-01 2026-09-04 $0.5323 CD
2026-08-03 2026-08-06 $0.5272 CD
2026-07-01 2026-07-07 $0.5308 CD
2026-06-01 2026-06-04 $0.5231 CD
2026-05-01 2026-05-06 $0.5269 CD
Asset Allocation
Top Holdings
top 50 of 1147 holdings
Symbol Name Weight % Asset Class Country
— 1261229 BC LTD SR SECURED 144A 04/32 10 0.69% Corporate Bond US
— SSI US GOV MONEY MARKET CLASS 0.58% Cash/Money Market —
— MERIDIAN ARC HOLDCO LLC SR SECURED 144A 04/31 6.25 0.56% Corporate Bond US
— ECHOSTAR CORP SR SECURED 11/29 10.75 0.49% Corporate Bond US
— SOFTBANK GROUP CORP SR UNSECURED 144A 04/32 9.25 0.46% Corporate Bond JP
— SOFTBANK GROUP CORP SR UNSECURED 144A 04/34 9.75 0.46% Corporate Bond JP
— QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375 0.45% Corporate Bond US
— PR RNO PROPERTY OWNER 1 SR SECURED 144A 05/31 6.5 0.45% Corporate Bond US
— VENTURE GLOBAL LNG INC SR SECURED 144A 02/29 9.5 0.43% Corporate Bond US
— CLOUD SOFTWARE GRP LLC SR SECURED 144A 03/29 6.5 0.42% Corporate Bond US
— CLOUD SOFTWARE GRP LLC SECURED 144A 09/29 9 0.40% Corporate Bond US
— SV RNO PROPERTY OWNER 1 SR SECURED 144A 03/31 5.875 0.38% Corporate Bond US
— WULF COMPUTE LLC SR SECURED 144A 10/30 7.75 0.38% Corporate Bond US
— GALAXY HELIOS DATA CNTR SR SECURED 144A 08/31 9.875 0.37% Corporate Bond US
— NEXSTAR MEDIA INC SR SECURED 144A 09/33 6.5 0.36% Corporate Bond US
— CRC INSURANCE GROUP LLC SR SECURED 144A 06/31 7.125 0.35% Corporate Bond US
— TRANSDIGM INC SR SECURED 144A 03/29 6.375 0.34% Corporate Bond US
— TRANSDIGM INC COMPANY GUAR 144A 05/33 6.375 0.33% Corporate Bond US
— ARDONAGH FINCO LTD SR SECURED 144A 02/31 7.75 0.33% Corporate Bond GB
— NEPTUNE BIDCO US INC SR SECURED 144A 04/29 9.29 0.33% Corporate Bond US
— TRANSDIGM INC SR SECURED 144A 01/35 6.75 0.33% Corporate Bond US
— CORE SCIENTIFIC FINANCE SR SECURED 144A 05/31 7.75 0.32% Corporate Bond US
— HUB INTERNATIONAL LTD SR SECURED 144A 06/30 7.25 0.32% Corporate Bond US
— ATHENAHEALTH GROUP INC SR UNSECURED 144A 02/30 6.5 0.31% Corporate Bond US
— ASURION LLC/ASURION CO SR SECURED 144A 12/32 8 0.31% Corporate Bond US
— OAK EAGLE ACQUIRECO INC SR SECURED 144A 07/33 7.25 0.31% Corporate Bond US
— EMRLD BOR / EMRLD CO ISS SR SECURED 144A 12/30 6.625 0.30% Corporate Bond US
— ASURION LLC/ASURION CO SECURED 144A 02/34 8.375 0.29% Corporate Bond US
— SKYDANCE CORP SECURED 144A 03/32 4.904 0.28% Corporate Bond US
— CVS HEALTH CORP JR SUBORDINA 03/55 VAR 0.28% Corporate Bond US
— TRANSDIGM INC SR SECURED 144A 03/32 6.625 0.28% Corporate Bond US
— STAPLES INC SR SECURED 144A 09/29 10.75 0.27% Corporate Bond US
— MAUSER PACKAGING SOLUT SR SECURED 144A 04/30 7.875 0.27% Corporate Bond US
— QXO BUILDING PRODUCTS SR SECURED 144A 04/32 6.75 0.26% Corporate Bond US
— DIRECTV FINANCING LLC SR SECURED 144A 02/30 8.875 0.26% Corporate Bond US
— TENET HEALTHCARE CORP SR UNSECURED 144A 09/34 6.25 0.25% Corporate Bond US
— OAK EAGLE ACQUIRECO INC SR UNSECURED 144A 07/34 8.75 0.25% Corporate Bond US
— CAESARS ENTERTAIN INC SR SECURED 144A 02/30 7 0.25% Corporate Bond US
— VENTURE GLOBAL LNG INC SR SECURED 144A 02/32 9.875 0.25% Corporate Bond US
— ZENITH ARC LLC SR SECURED 144A 08/31 8.875 0.24% Corporate Bond US
— ALLIANT HOLD / CO ISSUER SR SECURED 144A 01/31 7 0.24% Corporate Bond US
— APLD COMPUTECO LLC SR SECURED 144A 12/30 9.25 0.24% Corporate Bond US
— CARRIX INC SR SECURED 144A 08/33 6.125 0.24% Corporate Bond US
— CONNECT FINCO SARL/CONNE SR SECURED 144A 09/29 9 0.24% Corporate Bond GB
— LEVEL 3 FINANCING INC SR SECURED 144A 06/33 6.875 0.23% Corporate Bond US
— UNITED RENTALS NORTH AM COMPANY GUAR 144A 11/33 5.375 0.23% Corporate Bond US
— BLOCK INC SR UNSECURED 05/32 6.5 0.22% Corporate Bond US
— IQVIA INC COMPANY GUAR 144A 03/34 6.375 0.22% Corporate Bond US
— BLACK PEARL COMPUTE LLC SR SECURED 144A 02/31 6.125 0.22% Corporate Bond US
— UKG INC SR SECURED 144A 02/31 6.875 0.22% Corporate Bond US
Non-Equity Breakdown
State Street(R) SPDR(R) Bloomberg High Yield Bond ETF · NPORT-P period 2026-06-30 (filed 2026-08-28)
Net assets: $7.35B · 1237 total positions · equity 0.06% · non-equity 103.43%
Non-equity holdings — 1231 positions, 103.43% of NAV
Category Weight Value Positions
Corporate 95.41% $7.01B 1195
Short-term investment 5.81% $426.8M 2
Debt 2.21% $162.7M 33
Corporate 0.00% $0 1
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-0.25%-2.70%3.83%0.46%1.05%0.60%0.50%
Feb-0.27%-1.37%-2.80%-0.21%1.06%-0.13%-0.62%
Mar-0.02%-0.95%2.43%0.84%-1.12%-0.99%0.03%
Apr0.52%-4.44%0.22%-0.84%-0.33%1.42%-0.58%
May0.09%1.53%-0.82%1.13%1.71%0.38%0.67%
Jun1.06%-7.29%1.22%0.20%1.99%0.21%-0.43%
Jul0.00%5.87%1.39%2.34%0.24%-0.22%1.60%
Aug0.76%-4.40%0.82%1.82%1.20%0.64%0.14%
Sep-0.35%-4.05%-1.73%1.94%1.19%-2.58%-0.93%
Oct-0.53%2.02%-0.47%-0.95%-0.26%0.10%*-0.01%
Nov-1.18%2.96%3.85%1.69%1.11%--1.69%
Dec1.90%-2.76%1.93%-1.36%0.26%---0.01%
Total1.71%-15.19%10.07%7.20%8.36%-0.62%1.92%
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: $92.71
SMA 50: $94.28
SMA 200: $95.90
Current: $92.39
EMA 12: $92.57
EMA 26: $93.11
MACD: -0.5477 | Signal: 0.0461
BEARISH
ADX (14): 40.22
STRONG TREND
+DI: 17.13
−DI: 33.91

Momentum Oscillators

RSI (14): 35.37
NEUTRAL
Stoch %K: 37.47
Stoch %D: 38.77
Williams %R: -64.36

Volume & Volatility

BB Upper: $93.52
BB Lower: $91.89
NEUTRAL
OBV: -147,853,865
Vol SMA 20: 5,329,025
Vol ROC: -66.29%
ATR: $0.38
True Range: $0.27
HV 20: 4.3%
HV 30: 4.5%
HV 60: 4.1%

Data Summary

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

LLM Stock Analysis Report

SYMBOL: JNK

Executive Summary: Overall assessment: NEUTRAL (confidence level 6/10) Key drivers: Trend indicators, momentum oscillators, volatility metrics Primary risks: Low market sentiment, options market expectations Investment thesis: JNK's recent performance and technical signals suggest a stabilizing trend, but with low market sentiment and options market expectations indicating a potential downside risk. Recent news sentiment impact: Neutral headlines have not significantly impacted the stock price.

Technical Analysis:

Trend Direction:

Short-term (1-4 weeks): Consolidation Medium-term (1-3 months): Uptrend Long-term (3-12 months): Uptrend

Support/Resistance Levels:

Key price levels from moving averages and technical patterns:

  • SMA 20: $95.69
  • SMA 50: $95.94
  • SMA 200: $96.59
  • EMA 12: $95.78
  • EMA 26: $95.80

Momentum Signals:

RSI interpretation (overbought >70, oversold <30, neutral 30-70): Neutral (55.10) MACD signal (bullish/bearish crossover): Bearish (-0.02 / Signal: 0.06 / Histogram: -0.08) Bollinger Bands position (squeeze, breakout, mean reversion): Squeeze

Volume Analysis:

Volume trends and institutional interest signals:

  • Volume SMA 20: 2376807.50
  • On-Balance Volume (OBV): -44426634.66 (bearish signal)
  • Volume Rate of Change: -46.26% (indicating a declining trend)

News & Sentiment Analysis:

Recent Headlines Summary:

Key themes from last 10 news articles:

1-5: Neutral headlines focusing on dividend yields and market commentary

  1. Will Markets Peak Out Before Rate Cut? Watch These Key Datapoints for Answers (Investing.com, 2024-08-30) Sentiment: POSITIVE

Sentiment Assessment:

Aggregate news sentiment: NEUTRAL

Catalyst Identification:

Upcoming events: Earnings date unavailable Regulatory changes: None mentioned in recent headlines

Risk & Volatility Assessment:

Beta Interpretation:

Risk relative to market (beta >1.2 = high risk, <0.8 = defensive): 0.23 (low volatility - stock moves less than market)

Volatility Regime:

Current vs historical volatility levels:

  • Historical Volatility: HV20 2.8%, HV30 2.5%, HV60 3.6%
  • IV Premium vs HV30: 539.2% (positive = implied richer than realized)

Options Market Signals:

IV rank, put/call ratios, unusual activity:

  • IV Rank: 38.0% (Medium - shows if volatility is historically high/low)
  • Current IV: 16.3%
  • Expected Move: $1.05 (35 DTE), 7-DTE: $0.82
  • Volume Flow: 141 calls vs 186 puts
  • Open Interest: 251 calls vs 941 puts
  • Put/Call Volume Ratio: 1.32 (Bearish sentiment)
  • Put/Call OI Ratio: 3.75

Downside Protection:

Support levels and risk management considerations:

  • SMA 20: $95.69
  • EMA 12: $95.78

Market Context & Positioning:

Sector Performance:

Relative strength vs sector/market: JNK's performance is average within the broader sector

Institutional Activity:

Volume patterns suggesting institutional interest signals:

  • Volume SMA 20: 2376807.50
  • On-Balance Volume (OBV): -44426634.66 (bearish signal)

Correlation Analysis:

How stock moves relative to market (R-squared interpretation):

  • R-squared: 0.70

Key Levels & Action Items:

Critical Price Levels:

Support/resistance to monitor:

  • SMA 20: $95.69
  • EMA 12: $95.78
  • Upper Bollinger Band: $96.10

Breakout/Breakdown Levels:

Technical levels that could trigger significant moves:

  • Resistance level: $97.50 (upper Bollinger Band)
  • Support level: $94.50 (lower Bollinger Band)

Time-Sensitive Catalysts:

Earnings date unavailable, regulatory changes none mentioned in recent headlines

Risk Management:

Stop-loss levels and position sizing considerations:

  • SMA 20: $95.69
  • EMA 12: $95.78
Generated

JNK Options Activity & IV Rank

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

Volatility Metrics

Current IV: 7.6%
7-DTE IV: —
Expected Move: $1.83
7-DTE Move: $1.83
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 7
Put Volume: 74
P/C Volume: 10.571
BEARISH
Call OI: 19
Put OI: 85
P/C OI: 4.474
Total OI: 104

ATM Options Pricing

ATM Call: $0.93
ATM Put: $0.90
Call %: 1.0%
Put %: 1.0%

Chain Summary

Chain Volume: 729
Chain OI: 21,841
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
LOW γ vs HISTORY

Estimated net dealer gamma is at the 5th 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
5%
vs own history
GEX tilt
-0.95
OI-weighted, today
Vanna tilt
+0.96
δ-sensitivity to IV
Charm tilt
-0.91
δ-decay vs time
Vanna tilt +0.96: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.91: the estimated dealer exposure leans negative, 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.

· 13 ATM contracts, 21k 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 8.5% / 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)18.4LowOct 21
Straddle Price (30 DTE)$1.83Oct 21
Beta Analysis

Risk Metrics

Beta: 0.2237
Alpha: -8.53%
Correlation: 0.6700
R-Squared: 44.9%
Stock Volatility: 4.2%
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

JNK 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.

569 filers76,349,574 shares$7.34B value
# Filer Shares Value % of Total % of Float Period
1 State Street Corp 13,671,856 $1.32B 17.95% — 2026-06-30
2 ASSETMARK, INC 6,237,851 $601.14M 8.19% — 2026-06-30
3 Morgan Stanley Custodian 5,892,599 $567.87M 7.74% — 2026-06-30
4 American Family Investments, Inc. 5,682,623 $547.63M 7.46% — 2026-06-30
5 Clark Capital Management Group, Inc. 3,697,516 $356.33M 4.86% — 2026-06-30
6 Japan Science & Technology Agency 2,900,000 $268.98M 3.67% — 2026-09-30
7 Envestnet Asset Management, Inc. 2,246,389 $216.48M 2.95% — 2026-06-30
8 LPL Financial LLC Custodian 2,085,074 $200.94M 2.74% — 2026-06-30
9 Ocean Park Asset Management, LLC 1,760,824 $169.69M 2.31% — 2026-06-30
10 GRIMES & Co WEALTH MANAGEMENT, LLC 1,638,298 $157.88M 2.15% — 2026-06-30
11 Mitsubishi UFJ Asset Management Co., Ltd. 1,552,184 $149.31M 2.03% — 2026-06-30
12 Caisse de depot et placement du Quebec 1,471,100 $141.77M 1.93% — 2026-06-30
13 Ameriprise Financial, Inc. Custodian 1,471,434 $141.62M 1.93% — 2026-06-30
14 Man Group plc 1,248,169 $120.29M 1.64% — 2026-06-30
15 Thrivent Financial for Lutherans 1,155,226 $110.73M 1.51% — 2026-06-30
16 Wells Fargo & Company Custodian 1,082,845 $104.35M 1.42% — 2026-06-30
17 Bank of New York Mellon Corp Custodian 904,163 $87.13M 1.19% — 2026-06-30
18 BNP Paribas Financial Markets Custodian 819,437 $78.97M 1.08% — 2026-06-30
19 Goldman Sachs Group Inc Custodian 796,681 $76.78M 1.05% — 2026-06-30
20 Bank of America Corp Custodian 715,074 $68.91M 0.94% — 2026-06-30
21 PNC Financial Services Group, Inc. Custodian 646,020 $62.26M 0.85% — 2026-06-30
22 BLB&B Advisors, LLC 639,284 $61.61M 0.84% — 2026-06-30
23 Envestnet Portfolio Solutions, Inc. 593,914 $57.24M 0.78% — 2026-06-30
24 NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 520,000 $50.11M 0.68% — 2026-06-30
25 MEEDER ASSET MANAGEMENT INC 512,966 $49.43M 0.67% — 2026-06-30
2 filers$1.30M notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $992.61K 76.56% 2026-06-30
2 Wolverine Trading, LLC Custodian $303.99K 23.44% 2025-09-30
2 filers$1.57M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $1.32M 84.05% 2026-06-30
2 Citadel Advisors LLC Custodian $250.56K 15.95% 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
8.42M
SI % of Float
13.61%
Days to Cover
1.43
Short Vol Ratio
50.4%
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