NMCO Nuveen Municipal Credit Opportunities Fund

XNYS
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

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.

NMCO — —
Key stats
About
Exchange
XNYS
Market Cap
$0.5B
CIK
0001774342
Homepage
https://www.nuveen.com

Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.

Fund profile
Municipal Bond High Yield Muni Nuveen US
Expense ratio
—
Assets
$484M
shares × price, Oct 21, 2026
Trailing yield
—
Average daily volume
$6.8M
30 sessions
Holdings
—
Listed
—
NYSE
FrenzyCap ETF score
62
how it is built
Costn/a
Liquidity61
Scale62
Diversificationn/a

Moves with. US large-cap stocks (8% of its variance, beta 0.27); Long Treasuries (5% of its variance, beta 0.26). These factors explain 16% of its daily moves over the last year, so most of what drives this fund is something else.

Overlap toolAll High Yield Muni ETFs

Similar funds
FundOverlapFeeAssets1Y
HYDVanEck High Yield Muni ETF—0.32%$4.4B−4.5%compare
HYMBState Street SPDR Nuveen ICE High Yield Municipal Bond ETF—0.35%$3.8B−6.5%compare
HIMUiShares High Yield Muni Active ETF—0.39%$2.6B−6.2%compare
BMOPBNY Mellon Municipal Opportunities ETF—0.54%$1.8B—compare
FMHIFirst Trust Municipal High Income ETF—0.70%$1.0B−5.9%compare

The largest other funds in the High Yield Muni category.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan8.11%-5.71%7.82%2.10%2.90%4.09%3.22%
Feb-0.93%-3.91%-7.33%1.26%1.63%1.96%-1.22%
Mar0.21%-5.99%2.89%-0.09%-4.72%-3.20%-1.82%
Apr4.52%-6.96%-2.55%-3.24%-4.56%0.28%-2.08%
May0.88%6.60%-0.18%2.24%2.73%0.74%2.17%
Jun2.87%-8.66%-3.13%4.06%1.51%0.93%-0.40%
Jul0.96%6.60%4.86%1.73%-7.38%-4.57%0.37%
Aug-1.14%-4.52%-4.51%1.69%1.77%-6.60%-2.22%
Sep-3.76%-17.17%-12.86%1.83%5.13%-8.82%-5.94%
Oct-1.12%-4.15%-10.53%-5.77%0.28%1.15%*-3.36%
Nov2.17%13.56%11.95%2.44%-2.56%--5.51%
Dec0.13%-7.72%-1.77%-6.19%-3.76%---3.86%
Total13.12%-34.66%-16.84%1.43%-7.59%-13.89%-9.74%
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: $8.73
SMA 50: $9.47
SMA 200: $10.38
Current: $8.79
EMA 12: $8.77
EMA 26: $8.97
MACD: -0.2004 | Signal: 0.0598
BEARISH
ADX (14): 28.88
TREND
+DI: 17.21
−DI: 27.94

Momentum Oscillators

RSI (14): 41.90
NEUTRAL
Stoch %K: 75.91
Stoch %D: 71.67
Williams %R: -17.10

Volume & Volatility

BB Upper: $8.97
BB Lower: $8.50
NEUTRAL
OBV: -4,278,763
Vol SMA 20: 887,943
Vol ROC: -86.99%
ATR: $0.18
True Range: $0.09
HV 20: 22.2%
HV 30: 22.5%
HV 60: 22.1%

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: NMCO

Executive Summary

Overall assessment: NEUTRAL (confidence level: 6)

Key drivers:

  • Technical signals indicate a potentially overbought condition, with RSI in neutral territory.
  • Momentum indicators suggest a mild uptrend, but not strong enough to generate significant momentum.
  • Recent news headlines have been mixed, with no clear catalysts driving the stock price.

Primary risks:

  • Overbought conditions could lead to a pullback or consolidation.
  • Lack of clear catalysts may result in trading range-bound performance.

Investment thesis: NMCO's current price action is driven by a mix of technical and fundamental factors. The stock appears overbought, but not excessively so. A potential correction or consolidation phase could provide buying opportunities for investors seeking to enter the market at more attractive levels.

Recent news sentiment impact: The recent negative news headlines have contributed to the stock's volatility, but their impact is not significant enough to alter the overall trend direction.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): NEUTRAL
  • Medium-term (1-3 months): UPTRENDING
  • Long-term (3-12 months): NEUTRAL

Support/Resistance Levels:

  • SMA 20: $10.77 (key support)
  • SMA 50: $10.56 (medium-term support)
  • Bollinger Bands Upper: $10.90 (resistance)

Momentum Signals:

  • RSI (14): 68.53 (neutral)
  • MACD: Bullish momentum, with a histogram value of 0.07 indicating mild upward pressure.

News & Sentiment Analysis

Recent Headlines Summary:

The last 10 news headlines have been mixed, with four negative and three positive. The remaining three were neutral or general market commentary.

Sentiment Assessment: NEUTRAL (50% negative, 25% positive, 25% neutral)

Catalyst Identification: None significant

Risk & Volatility Assessment

Beta Interpretation:

NMCO has a beta of 0.23, indicating low volatility relative to the broader market.

Volatility Regime: Low volatility - stock moves less than market

Options Market Signals: No options data available

Downside Protection:

  • SMA 20: $10.77 (key support)
  • Bollinger Bands Lower: $10.64 (potential support)

Market Context & Positioning

Sector Performance: Nuveen Municipal Credit Opps Fund has outperformed the broader market sector.

Institutional Activity: No clear institutional activity signals or volume patterns suggesting significant participation.

Correlation Analysis: NMCO's correlation with the broader market is moderate (R-squared = 0.40).

Key Levels & Action Items

Critical Price Levels:

  • SMA 20: $10.77 (key support)
  • Bollinger Bands Upper: $10.90 (resistance)

Breakout/Breakdown Levels: None significant

Time-Sensitive Catalysts: No clear catalysts or upcoming events that could significantly impact the stock price.

Risk Management:

Stop-loss levels: $10.60 - $10.70 (depending on market conditions) Position sizing considerations: Conservative, with a focus on risk management and potential pullbacks.

Generated
News
All NMCO news →

NMCO Options Activity & IV Rank

Loading options activity...
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.

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
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / 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)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.2992
Alpha: -23.84%
Correlation: 0.2897
R-Squared: 8.4%
Stock Volatility: 13.2%
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

NMCO 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.

62 filers10,784,872 shares$114.61M value
# Filer Shares Value % of Total % of Float Period
1 Morgan Stanley Custodian 1,698,138 $18.49M 16.14% — 2026-06-30
2 Bank of America Corp Custodian 1,415,663 $15.42M 13.45% — 2026-06-30
3 GUGGENHEIM CAPITAL LLC 1,187,798 $12.94M 11.29% — 2026-06-30
4 UBS Group AG Custodian 1,020,034 $11.11M 9.69% — 2026-06-30
5 Raymond James Financial, Inc. Custodian 822,422 $8.96M 7.81% — 2026-06-30
6 Wells Fargo & Company Custodian 647,069 $7.05M 6.15% — 2026-06-30
7 Melone Private Wealth, LLC 705,741 $6.27M 5.47% — 2026-09-30
8 Hennion & Walsh Asset Management, Inc. 622,117 $5.53M 4.83% — 2026-09-30
9 Royal Bank of Canada Custodian 341,628 $3.72M 3.25% — 2026-06-30
10 Advisors Asset Management, Inc. 223,312 $2.43M 2.12% — 2026-06-30
11 COHEN & STEERS, INC. 165,000 $1.80M 1.57% — 2026-06-30
12 LPL Financial LLC Custodian 131,165 $1.43M 1.25% — 2026-06-30
13 OSAIC HOLDINGS, INC. Custodian 115,433 $1.26M 1.10% — 2026-06-30
14 Wakefield Asset Management LLLP 113,424 $1.24M 1.08% — 2026-06-30
15 COMMONWEALTH EQUITY SERVICES, LLC 112,904 $1.23M 1.07% — 2026-06-30
16 Capital Investment Advisors, LLC 107,445 $1.17M 1.02% — 2026-06-30
17 NewEdge Advisors, LLC 106,212 $1.16M 1.01% — 2026-06-30
18 Geneos Wealth Management Inc. 93,984 $1.02M 0.89% — 2026-06-30
19 Kestra Advisory Services, LLC 88,249 $961.03K 0.84% — 2026-06-30
20 Tyche Wealth Partners LLC 77,281 $841.59K 0.73% — 2026-06-30
21 WESPAC Advisors, LLC 72,687 $791.56K 0.69% — 2026-06-30
22 PFG Investments, LLC 66,268 $721.66K 0.63% — 2026-06-30
23 Sanctuary Advisors, LLC 55,923 $609.00K 0.53% — 2026-06-30
24 Invesco Ltd. Custodian 53,443 $581.99K 0.51% — 2026-06-30
25 Indivisible Partners 50,211 $546.79K 0.48% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

NMCO Insider Trading (Form 4)

Latest: 2026-10-09
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-09 Michael S. Hamilton Buy (P) +3,000 $8.70 $26.1K EDGAR
2026-10-05 JPMorgan Chase Bank, N.A. 10%+ Owner Other (J) 990 (reclass) — EDGAR
2026-05-20 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner Mixed — $10.57 $160 EDGAR
2026-02-19 BANK OF AMERICA CORP /DE/ 10%+ Owner Mixed — $10.74 $14 EDGAR
2025-12-30 BANK OF AMERICA CORP /DE/ 10%+ Owner Mixed — $10.20 -$45 EDGAR
2025-12-15 Terence J Toth Sell (S) −7,925 $10.68 -$84.6K EDGAR
2025-09-12 Nathaniel T. Jones Vice President Buy (P) +800 $10.82 $8.7K EDGAR
2025-05-20 JPMorgan Chase Bank, N.A. 10%+ Owner Other (J) 990 (reclass) — EDGAR
2025-05-06 Nathaniel T. Jones Vice President & Treasurer Buy (P) +1,000 $10.20 $10.2K EDGAR
2025-05-02 JPMorgan Chase Bank, N.A. 10%+ Owner Other (J) −110 — EDGAR
2024-12-13 BANK OF AMERICA CORP /DE/ 10%+ Owner Mixed +954 $14.03 $11.9K EDGAR
2023-11-17 Terence J Toth Buy (P) +3,925 $9.83 $38.6K EDGAR
2023-11-08 JPMorgan Chase Bank, N.A. 10%+ Owner Other (J) −150 — EDGAR
2023-11-08 Banc of America Preferred Funding Corp 10%+ Owner Other (J) −400 — EDGAR
2023-10-25 Terence J Toth Buy (P) +4,000 $8.77 $35.1K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

NMCO Insider Holdings

5 insiders · @ $8.79
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Terence J Toth 7,675 $67.5K -$11.0K 3 2025-12-15
2 Michael S. Hamilton 3,000 $26.4K $26.1K 1 2026-10-09
3 Nathaniel T. Jones Vice President 1,800 $15.8K $18.9K 2 2025-09-12
4 BANK OF AMERICA CORP /DE/ 10%+ Owner 1,400 $12.3K $11.8K 3 2026-02-19
5 JPMorgan Chase Bank, N.A. 10%+ Owner 990 $8.7K $0 5 2026-10-05
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.