NBOS Neuberger Option Strategy ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
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Neuberger Option Strategy ETF (NBOS) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2016-09-16
- Has Options
- No
- Expense ratio
- 0.57% prospectus, filed Mar 2, 2026
- Assets
- $449M SEC filing, May 31, 2026
- Trailing yield
- 7.99% paid monthly
- Average daily volume
- $2.9M 30 sessions
- Holdings
- 28 top 10 are 92.5%
- Listed
- Sep 16, 2016 NYSE Arca
- Last fee change
- +1 bp filed Dec 12, 2025
Moves with. US large-cap stocks (76% of its variance, beta 0.58). These factors explain 73% of its daily moves over the last year.
Stated objective. The Fund seeks long-term growth of capital and income generation. (from the fund's prospectus)
All 28 holdingsFlow historyOverlap toolAll Covered Call ETFs
- May 2026
- −$7.7M latest reported month
- Latest 3 months
- −$2.2M −0.5% of assets
- Latest 12 months
- −$42M −9.3% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | −$7.7M |
| Apr 2026 | +$1.4M |
| Mar 2026 | +$4.1M |
| Feb 2026 | +$3.4M |
| Jan 2026 | −$23M |
| Dec 2025 | +$689K |
| Nov 2025 | −$1.3M |
| Oct 2025 | +$9.6M |
| Sep 2025 | −$1.3M |
| Aug 2025 | −$5.2M |
| Jul 2025 | −$1.3M |
| Jun 2025 | −$21M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 29 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| JEPIJPMorgan Equity Premium Income ETF | — | 0.35% | $46.0B | +0.3% | compare |
| JEPQJ.P. Morgan Nasdaq Equity Premium Income ETF | — | 0.35% | $44.3B | +3.3% | compare |
| QQQINEOS Nasdaq 100 High Income ETF | — | 0.68% | $13.1B | −1.9% | compare |
| SPYINEOS S&P 500 High Income ETF | — | 0.68% | $10.4B | +1.4% | compare |
| QYLDGlobal X Funds Global X NASDAQ-100 Covered Call ETF | — | 0.60% | $8.4B | +6.5% | compare |
The largest other funds in the Covered Call category.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | SPYState Street SPDR S&P 500 ETF Trust | 0.11% | — | — |
0 new, 1 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 18.6%. Full holdings and history
- Authorized participants
- 4 active of 13 with agreements; top 3 did 99%
- Created · redeemed
- $99M · $108M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 25,000 shares
- Securities lending
- authorized, none lent
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-25 | 2026-09-30 | $0.1866 | CD |
| 2026-08-26 | 2026-08-31 | $0.1856 | CD |
| 2026-07-28 | 2026-07-31 | $0.1860 | CD |
| 2026-06-25 | 2026-06-30 | $0.1957 | CD |
| 2026-05-26 | 2026-05-29 | $0.1944 | CD |
| 2026-04-27 | 2026-04-30 | $0.1831 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | United States Treasury | 13.85% | Debt | US |
| — | United States Treasury | 13.48% | Debt | US |
| — | United States Treasury | 12.34% | Debt | US |
| — | United States Treasury | 11.81% | Debt | US |
| — | United States Treasury | 11.61% | Debt | US |
| — | United States Treasury | 11.49% | Debt | US |
| — | United States Treasury | 9.36% | Debt | US |
| — | United States Treasury | 8.58% | Debt | US |
| — | State Street Global Advisors | 6.54% | Short-term investment | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.01% | Derivative (equity) | US |
| — | N/A | -0.01% | Derivative (equity) | US |
| — | N/A | -0.01% | Derivative (equity) | US |
| — | N/A | -0.02% | Derivative (equity) | US |
| — | N/A | -0.02% | Derivative (equity) | US |
| — | N/A | -0.03% | Derivative (equity) | US |
| — | N/A | -0.04% | Derivative (equity) | US |
| — | N/A | -0.05% | Derivative (equity) | US |
| — | N/A | -0.07% | Derivative (equity) | US |
| — | N/A | -0.15% | Derivative (equity) | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| US Treasury | 92.51% | $415.3M | 8 |
| Short-term investment | 6.54% | $29.3M | 1 |
| Derivative (equity) | -0.43% | $-1928958 | 19 |
| Month | '24 | '25 | '26 | Avg |
|---|---|---|---|---|
| Jan | -0.40% | 1.35% | 0.48% | 0.48% |
| Feb | 2.28% | 0.20% | -0.38% | 0.70% |
| Mar | 0.34% | -2.63% | -3.17% | -1.82% |
| Apr | -1.78% | -2.73% | 2.89% | -0.54% |
| May | 2.75% | 1.44% | 1.61% | 1.93% |
| Jun | 1.58% | 1.80% | -0.32% | 1.02% |
| Jul | -0.04% | 0.67% | 0.65% | 0.43% |
| Aug | 1.29% | 1.65% | 0.28% | 1.07% |
| Sep | 2.40% | 1.74% | 0.59% | 1.58% |
| Oct | 0.15% | 1.19% | 0.77%* | 0.70% |
| Nov | 3.19% | -0.28% | -- | 1.46% |
| Dec | -1.73% | 0.70% | -- | -0.52% |
| Total | 10.34% | 5.08% | 3.34% | 6.25% |
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
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (6/10)
Key Drivers:
- Consolidation phase with a potential breakout above $28.67 upper Bollinger Band
- Low volatility, indicating reduced risk for traders
Primary Risks:
- Failure to break out above resistance levels
- Potential downtrend if price fails to hold above SMA 50
Investment Thesis: NBOS is trading within a range-bound environment, awaiting a catalyst to trigger a breakout. The stock's low volatility and bullish MACD signal suggest a potential upside move.
Recent News Sentiment Impact: No recent news available, which could be contributing to the neutral sentiment.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Range-bound; Medium-term (1-3 months): Uptrend; Long-term (3-12 months): Uptrend
Support/Resistance Levels:
- Support: SMA 50 ($28.32), Lower Bollinger Band ($28.36)
- Resistance: Upper Bollinger Band ($28.67)
Momentum Signals:
- RSI interpretation: Neutral (53.31)
- MACD signal: Bullish
- Bollinger Bands position: Squeeze
Volume Analysis: Volume trends indicate a consolidation phase, with decreasing volume over the past few trading days.
News & Sentiment Analysis
Recent Headlines Summary: No recent news available.
Sentiment Assessment: Neutral (no recent news)
Catalyst Identification: None
Market Narrative: The absence of recent news could be contributing to the neutral sentiment and consolidation phase.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to market (beta 0.55)
Volatility Regime: Low volatility, with a historical volatility range of 5.6%-7.3%
Options Market Signals: No options data available
Downside Protection: Support levels at SMA 50 ($28.32) and Lower Bollinger Band ($28.36)
Market Context & Positioning
Sector Performance: NBOS is outperforming the sector, with a relative strength index of 0.84.
Institutional Activity: No recent institutional activity detected.
Correlation Analysis: The stock has a strong correlation with the market (R-squared 0.84).
Relative Valuation: The stock is trading within its historical range, indicating fair value.
Key Levels & Action Items
Critical Price Levels:
- Support: SMA 50 ($28.32), Lower Bollinger Band ($28.36)
- Resistance: Upper Bollinger Band ($28.67)
Breakout/Breakdown Levels: Break above $28.67 to confirm the uptrend or break below $28.36 to signal a downtrend.
Time-Sensitive Catalysts: No immediate catalysts detected, but the stock's consolidation phase may be awaiting a news event or earnings release.
Risk Management: Consider a stop-loss level at SMA 50 ($28.32) and position sizing considerations based on risk tolerance.
NBOS Options Activity & IV Rank
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.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
NBOS 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 |
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Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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