PGIM S&P 500 Buffer 12 ETF - March(MRCP · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
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.
PGIM S&P 500 Buffer 12 ETF - March (MRCP) ETF
- Exchange
- BATS
- Inception
- 2024-02-29
- Has Options
- No
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | X-CHANGE FINANCIAL ACCESS LLC | 83.48% | Derivative (equity) | US |
| — | X-CHANGE FINANCIAL ACCESS LLC | 12.35% | Derivative (equity) | US |
| — | OLD MISSION MARKETS LLC | 4.94% | Derivative (equity) | US |
| — | OLD MISSION MARKETS LLC | 2.47% | Derivative (equity) | US |
| — | (PIPA070) PGIM Core Government Money Market Fund | 0.36% | Short-term investment | US |
| — | X-CHANGE FINANCIAL ACCESS LLC | 0.08% | Derivative (equity) | US |
| — | X-CHANGE FINANCIAL ACCESS LLC | 0.01% | Derivative (equity) | US |
| — | OLD MISSION MARKETS LLC | 0.00% | Derivative (equity) | US |
| — | OLD MISSION MARKETS LLC | -0.00% | Derivative (equity) | US |
| — | OLD MISSION MARKETS LLC | -0.00% | Derivative (equity) | US |
| — | X-CHANGE FINANCIAL ACCESS LLC | -0.00% | Derivative (equity) | US |
| — | X-CHANGE FINANCIAL ACCESS LLC | -0.03% | Derivative (equity) | US |
| — | OLD MISSION MARKETS LLC | -0.09% | Derivative (equity) | US |
| — | X-CHANGE FINANCIAL ACCESS LLC | -0.43% | Derivative (equity) | US |
| — | X-CHANGE FINANCIAL ACCESS LLC | -3.10% | Derivative (equity) | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Derivative (equity) | 99.68% | $13.8M | 14 |
| Short-term investment | 0.36% | $50148 | 1 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +1.28% | 2 |
| Feb | +0.54% | 2 |
| Mar | -0.82% | 3 |
| Apr | +1.13% | 3 |
| May | +3.10% | 3 |
| Jun | +1.47% | 3 |
| Jul | +0.83% | 3 |
| Aug | +0.95% | 3 |
| Sep | +1.67% | 3 |
| Oct | +1.00% | 2 |
| Nov | +1.72% | 2 |
| Dec | +0.32% | 2 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- 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.
- 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.
- 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
Momentum Oscillators
Volume & Volatility
Data Summary
Here is a comprehensive stock analysis report for MRCP based on the provided data:
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Consolidation near SMA 20, Bullish MACD, and Low Volatility Primary Risks: Weakness below $34.76 (SMA 50) or further consolidation
Investment Thesis: MRCP is trading in a range between its short-term and medium-term moving averages. The stock's low volatility and bullish MACD suggest a potential breakout above the current range, but the lack of recent news and earnings data increases uncertainty.
Recent News Sentiment Impact: No recent news available, which reduces the influence on our analysis.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Consolidation near SMA 20 ($35.10)
- Medium-term (1-3 months): Range trading between SMA 50 ($34.76) and SMA 200 ($33.21)
- Long-term (3-12 months): Uptrend above SMA 200
Support/Resistance Levels:
- SMA 20: $35.10
- SMA 50: $34.76
- SMA 200: $33.21
- Upper Bollinger Band: $35.26
- Middle Bollinger Band: $35.10
- Lower Bollinger Band: $34.94
Momentum Signals:
- RSI interpretation: Neutral (58.33), not overbought or oversold
- MACD signal: Bullish, with a positive histogram (0.14)
- Bollinger Bands position: Squeeze, indicating consolidation
Volume Analysis:
- Volume SMA 20: 3190.65 (no clear trend)
- On-Balance Volume (OBV): 14500.57 (neutral)
- Volume Rate of Change: -47.71% (indicating low volume)
News & Sentiment Analysis
Recent Headlines Summary: No recent news available
Sentiment Assessment: Neutral, due to the lack of recent news
Catalyst Identification: Earnings data is unavailable, which reduces the potential for significant price moves
Market Narrative: The current consolidation phase may continue without a clear catalyst.
Risk & Volatility Assessment
Risk Metrics:
- Beta: 0.49 (vs SPY), indicating low risk relative to the market
- Alpha: 0.05, suggesting a positive relationship with the market
- Correlation: 0.87, indicating a strong positive correlation
Volatility Regime: Low volatility, with a stock Volatility of 0.07 and IV Premium vs HV30 N/A (positive)
Options Market Signals:
- IV rank: Not applicable due to lack of options data
- Put/call ratios: Not available
- Unusual activity: None reported
Downside Protection: SMA 50 ($34.76) and SMA 200 ($33.21) serve as support levels.
Market Context & Positioning
Sector Performance: MRCP is trading relatively strong within its sector.
Institutional Activity: No recent volume or institutional interest signals available.
Correlation Analysis: The stock's correlation with the market (0.87) suggests a high degree of alignment.
Relative Valuation: MRCP is trading within its historical range, suggesting fair value.
Key Levels & Action Items
Critical Price Levels:
- SMA 20 ($35.10)
- SMA 50 ($34.76)
Breakout/Breakdown Levels:
- Above SMA 20 ($35.10) for a potential breakout above the current range
- Below SMA 50 ($34.76) for a potential breakdown
Time-Sensitive Catalysts: No imminent catalysts available.
Risk Management: Consider stop-loss levels at SMA 50 ($34.76) or SMA 200 ($33.21), and position sizing considerations based on the stock's low volatility.
Each spread is ranked by a composite score built in three stages. Full documentation →
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.
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.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- 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.
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.
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.
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.
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.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- 0.49
- Correlation (SPY)
- 87.4%
- R²
- 0.76
- Ann. Volatility
- 7.3%
- SPY Volatility
- 13.0%
Low volatility - stock moves less than market
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|