The Motley FoolT3·20mo ago
PFFD Global X U.S. Preferred ETF
ETF 17.17 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.
PFFD
$17.17
—
Key stats
$17.17
- 52-Week Range
- $17.14 – $19.65
- YTD
- -10.29%
- IV Rank (30D)
- 58.14
- Straddle Price
- $1.12
- P/C Vol Ratio
- 6.00
- Open
- $17.23
- Day Range
- $17.14 – $17.30
- Volume
- 879,218
- Prev Close
- $17.19
About
Global X U.S. Preferred ETF (PFFD) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2017-09-11
- Has Options
- Yes
Fund profile
holdings as of Oct 20, 2026issuer datathrough May 2026flows, SEC filings
- Expense ratio
- 0.23% prospectus, filed Mar 27, 2026
- Assets
- $2.0B shares × price, Oct 20, 2026
- Trailing yield
- 6.98% paid monthly
- Average daily volume
- $26M 30 sessions
- Holdings
- 239 top 10 are 24.4%
- Listed
- Sep 11, 2017 NYSE Arca
- Tracking difference
- -0.25 pts vs index, after fees, FY 2025
Cost57
Liquidity81
Scale85
Diversification98
Moves with. US large-cap stocks (37% of its variance, beta 0.32); Long Treasuries (15% of its variance, beta 0.27); Small caps over large (7% of its variance, beta 0.13). These factors explain 65% of its daily moves over the last year.
Stated objective. "The Global X U.S. Preferred ETF (""Fund"") seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA Diversified Core U.S. Preferred Securities Index (""Underlying Index"")." (from the fund's prospectus)
All 239 holdingsFlow historySimilar fundsOverlap toolAll Preferred Stock ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$86M latest reported month
- Latest 3 months
- −$48M −2.2% of assets
- Latest 12 months
- −$146M −6.7% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$86M |
| Apr 2026 | −$155M |
| Mar 2026 | +$22M |
| Feb 2026 | −$50M |
| Jan 2026 | +$10M |
| Dec 2025 | +$8.6M |
| Nov 2025 | +$104M |
| Oct 2025 | −$97M |
| Sep 2025 | −$33M |
| Aug 2025 | −$36M |
| Jul 2025 | −$4.4M |
| Jun 2025 | −$72K |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 81 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| PFFiShares Trust iShares Preferred and Income Securities ETF | 74% | 0.45% | $11.9B | −8.1% | compare |
| PGXInvesco Preferred ETF | 65% | 0.50% | $3.6B | −14.0% | compare |
| SPFFGlobal X SuperIncome Preferred ETF | 45% | 0.48% | $134M | −3.4% | compare |
| PGFInvesco Financial Preferred ETF | 42% | 0.55% | $593M | −13.8% | compare |
| IYFiShares U.S. Financials ETF | 34% | 0.37% | $3.8B | +6.8% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 20, 2026issuer data- Holdings vs fair value
- +11.4% 45% under, 17% over · 95% covered
- Price / earnings
- 15.2 4% loss-making · 94% covered
- Price / book · sales
- 1.7 · 1.6 revenue growth +7.5%
- Above 200-day average
- 23% 20% above 50-day · by weight
- Short interest
- 3.8% of float, weighted · 3.4 days to cover
- Insider buying
- 5% of weight had net insider buying, 90 days; 36% net selling
- 13F holders
- +2.9% change in shares held by institutions, latest quarter
- Reporting earnings
- 25.5% of weight in 7 days; 43.6% in 14
Holdings reporting in the next 14 days · weighted implied move this week 1.42%
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
Oct 16, 2026 → Oct 19, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Increase | GSGS 4.76873 PERP | 0.13% | 0.44% | +237.7% |
| Increase | TFCTFC 5 1/4 PERP | 0.09% | 0.33% | +250.7% |
| Increase | BPYBPY 6 1/4 07/26/2081 | 0.11% | 0.31% | +177.8% |
| Increase | FITBFITB 6 7/8 PERP | 0.13% | 0.31% | +62.5% |
| Increase | BACBAC 4 3/4 PERP | 0.06% | 0.20% | +286.4% |
| Increase | DTEDTE 5 1/4 12/01/2077 | 0.14% | 0.22% | +27.7% |
| Increase | PSAPSA 6 PERP | 0.08% | 0.15% | +30.9% |
| Increase | BHFBHF 6 3/4 PERP | 0.09% | 0.16% | +18.0% |
| Increase | RNRRNR 4.2 PERP | 0.14% | 0.21% | +102.2% |
| Increase | CMSCMS 5 7/8 10/15/2078 | 0.11% | 0.17% | +26.4% |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.1%. Full holdings and history
Under the hood
fiscal year to Nov 30, 2025SEC census- Authorized participants
- 9 active of 22 with agreements; top 3 did 72%
- Created · redeemed
- $318M · $350M over the fiscal year
- Redemptions in kind
- 100% creations 100% in kind
- Creation unit
- 10,000 shares
- Securities lending
- 0.19% of assets on loan on average; earned 0.5 bp
- Return vs index
- -0.25 pts after fees; -0.02 before; daily s.d. 0.49
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 2026-10-21
Holdings
239
AUM
$1.9B
Provider
Global X
Inception
2017-09-11
Exchange
ARCX
Data As Of
2026-10-21
Expense Ratio
0.23%
Dividend Yield
6.99%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-06 | $0.1000 | CD |
| 2026-09-01 | 2026-09-04 | $0.1000 | CD |
| 2026-08-03 | 2026-08-06 | $0.1000 | CD |
| 2026-07-01 | 2026-07-07 | $0.1000 | CD |
| 2026-06-01 | 2026-06-04 | $0.1000 | CD |
| 2026-05-01 | 2026-05-06 | $0.1000 | CD |
Asset Allocation
Top Holdings
top 50 of 239 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| BA | BA 6 10/15/27 | 4.61% | Equity (US) | US |
| SMCI | SMCI 7 06/01/29 | 3.56% | Equity (US) | US |
| ORCL | ORCL 6 1/2 01/15/29 | 3.04% | Equity (US) | US |
| WFC | WFC 7 1/2 PERP | 2.31% | Equity (US) | US |
| GOOGL | GOOGL 6 1/4 05/15/29 | 2.25% | Equity (US) | US |
| GOOGL | GOOGL 6 1/4 05/15/29 | 2.24% | Equity (US) | US |
| C | C 10.4746 10/30/40 | 1.87% | Equity (US) | US |
| KKR | KKR 6 1/4 03/01/28 | 1.61% | Equity (US) | US |
| NEE | NEE 7 3/8 02/15/29 | 1.56% | Equity (US) | US |
| MCHP | MCHP 7 1/2 03/15/28 | 1.48% | Equity (US) | US |
| SO | SO 7 1/8 12/15/28 | 1.46% | Equity (US) | US |
| BAC | BAC 7 1/4 PERP | 1.35% | Equity (US) | US |
| JPM | JPM 6 PERP | 1.07% | Equity (US) | US |
| NEE | NEE 7.234 11/01/27 | 1.06% | Equity (US) | US |
| JPM | JPM 5 3/4 PERP | 0.93% | Equity (US) | US |
| BRKR | BRKR 6 3/8 09/01/28 | 0.90% | Equity (US) | US |
| ARES | ARES 6 3/4 10/01/27 | 0.89% | Equity (US) | US |
| T | T 4 3/4 PERP | 0.84% | Equity (US) | US |
| PCG | PCG 6 12/01/27 | 0.82% | Equity (US) | US |
| PPL | PPL 7 02/15/29 | 0.81% | Equity (US) | US |
| JPM | JPM 4.2 PERP | 0.80% | Equity (US) | US |
| MSTR | MSTR 8 PERP | 0.79% | Equity (US) | US |
| JPM | JPM 4 5/8 PERP | 0.79% | Equity (US) | US |
| GS | GS 4.68873 PERP | 0.78% | Equity (US) | US |
| COF | COF 5 PERP | 0.78% | Equity (US) | US |
| WFC | WFC 4 3/4 PERP | 0.75% | Equity (US) | US |
| T | T 5.35 11/01/66 | 0.73% | Equity (US) | US |
| DUK | DUK 5 3/4 PERP | 0.69% | Equity (US) | US |
| ALL | ALL 5.1 PERP | 0.66% | Equity (US) | US |
| JPM | JPM 4.55 PERP | 0.63% | Equity (US) | US |
| COF | COF 4.8 PERP | 0.62% | Equity (US) | US |
| T | T 5 PERP | 0.61% | Equity (US) | US |
| ATH | ATH 6.35 PERP | 0.60% | Equity (US) | — |
| NEE | NEE 6 1/2 06/01/2085 | 0.60% | Equity (US) | US |
| XEL | XEL 6 1/4 10/15/2085 | 0.58% | Equity (US) | US |
| MS | MS 6 5/8 PERP | 0.58% | Equity (US) | US |
| NOVT | NOVT 6 1/2 11/01/28 | 0.58% | Equity (US) | — |
| MTB | MTB 7 1/2 PERP | 0.58% | Equity (US) | US |
| C | C 6 1/4 PERP | 0.57% | Equity (US) | US |
| MS | MS 6 1/2 PERP | 0.56% | Equity (US) | US |
| MS | MS 6 3/8 PERP | 0.56% | Equity (US) | US |
| USB | USB 4.9041 PERP | 0.56% | Equity (US) | US |
| RGA | RGA 7 1/8 10/15/52 | 0.54% | Equity (US) | US |
| SO | SO 4.95 01/30/2080 | 0.54% | Equity (US) | US |
| MS | MS 5.0041 PERP | 0.53% | Equity (US) | US |
| MS | MS 7 1/8 PERP | 0.52% | Equity (US) | US |
| MET | MET 4 3/4 PERP | 0.52% | Equity (US) | US |
| MS | MS 5.85 PERP | 0.52% | Equity (US) | US |
| MET | MET 5 5/8 PERP | 0.50% | Equity (US) | US |
| MS | MS 6 7/8 PERP | 0.50% | Equity (US) | US |
Geographic Breakdown
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -0.43% | -3.67% | 10.87% | 3.50% | 0.10% | 1.46% | 1.97% |
| Feb | -2.43% | -3.94% | -3.91% | -0.15% | 1.53% | -0.21% | -1.52% |
| Mar | 1.67% | -0.25% | -4.61% | 0.10% | -3.35% | -4.12% | -1.76% |
| Apr | 0.70% | -6.90% | -0.15% | -4.50% | -1.11% | 3.81% | -1.36% |
| May | -0.04% | 4.56% | -2.08% | 1.59% | 0.32% | 0.11% | 0.74% |
| Jun | 1.43% | -4.67% | -0.26% | -0.71% | 1.29% | -1.32% | -0.71% |
| Jul | 0.00% | 4.48% | -0.05% | 0.82% | 1.75% | -0.51% | 1.08% |
| Aug | -0.42% | -5.11% | -1.29% | 2.06% | 1.68% | -1.56% | -0.77% |
| Sep | -1.42% | -3.48% | -2.03% | 2.87% | 0.78% | -2.82% | -1.02% |
| Oct | 0.85% | -5.12% | -4.53% | -1.96% | -1.84% | -2.28%* | -2.48% |
| Nov | -3.00% | 5.79% | 6.16% | 0.79% | -0.68% | -- | 1.81% |
| Dec | 1.90% | -6.65% | 0.36% | -4.36% | 0.69% | -- | -1.61% |
| Total | -1.32% | -23.20% | -2.57% | -0.31% | 1.03% | -7.41% | -5.63% |
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: $17.47
SMA 50: $17.95
SMA 200: $18.67
Current: $17.17
EMA 12: $17.34
EMA 26: $17.56
MACD: -0.2194 | Signal: -0.0100
BEARISH
ADX (14): 45.23
STRONG TREND
+DI: 7.83
−DI: 30.85
Momentum Oscillators
RSI (14): 30.81
NEUTRAL
Stoch %K: 3.08
Stoch %D: 7.29
Williams %R: -95.90
Volume & Volatility
BB Upper: $17.87
BB Lower: $17.08
NEUTRAL
OBV: -48,171,387
Vol SMA 20: 1,791,092
Vol ROC: -21.62%
ATR: $0.17
True Range: $0.16
HV 20: 9.6%
HV 30: 9.3%
HV 60: 8.6%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
PFFD Stock Analysis Report
Executive Summary
Overall Assessment: BEARISH | Confidence Level: 7/10
PFFD presents a bearish technical setup with significant downside pressure despite its defensive characteristics as a preferred stock. The stock is caught in a sharp downtrend with deeply oversold momentum indicators, negative MACD divergence, and strong selling pressure (-DI of 42.43 vs +DI of 15.35). However, the extreme oversold RSI (27.01) and 548% IV premium suggest potential mean reversion opportunity for contrarian traders. The primary risk is continued deterioration in the preferred stock complex; the primary opportunity is capitulation-driven bounce.
Investment Thesis: PFFD is experiencing acute selling pressure within its preferred stock category, with technical indicators suggesting capitulation may be near. While the fundamentals of preferred stocks (stable dividends, low beta of 0.44) remain defensive, the technical breakdown and bearish options sentiment indicate near-term downside risk before any stabilization occurs. Current valuation of oversold conditions may present tactical entry opportunities for income-focused investors.
Recent News Sentiment Impact: NEUTRAL impact. News headlines are generic, non-specific to PFFD, and dated (oldest from 2021). No recent catalysts, management changes, or company-specific events identified to drive recent price action. This suggests price movement is driven by broader sector dynamics (interest rate environment, preferred stock market rotation) rather than company-specific news.
Technical Analysis
Trend Direction
Short-term (1-4 weeks): BEARISH
- Price at $17.48 trades below all major moving averages: SMA 20 ($17.79), SMA 50 ($18.18), SMA 200 ($18.75)
- Magnitude of underperformance increasing: stock is -0.31 below 20-day MA, -0.70 below 50-day MA, -1.27 below 200-day MA
- EMA 12 ($17.65) above EMA 26 ($17.85) shows early bearish crossover signal forming
- ADX at 36.05 indicates strong trending regime with high conviction selling
Medium-term (1-3 months): BEARISH
- Stock positioned below all major moving average levels across the spectrum
- 200-day MA ($18.75) represents structural resistance and key psychological level
- No signs of mean reversion support forming at intermediate moving averages
Long-term (3-12 months): NEUTRAL-TO-BEARISH
- Insufficient data context, but structural positioning suggests challenge to break above 200-day MA
Support/Resistance Levels
Resistance (Upside):
- Immediate: $17.79 (SMA 20) — must clear to show reversal momentum
- Secondary: $18.18 (SMA 50) — confirms medium-term trend change if reclaimed
- Structural: $18.75 (SMA 200) — key psychological and technical barrier
- Upper Bollinger Band: $18.23 — near-term resistance if bounce occurs
Support (Downside):
- Immediate: $17.36 (Lower Bollinger Band) — first support level
- Secondary: $17.24 (implied below current price; typical support cluster)
- Critical: $17.00 (psychological round number; likely institutional support)
Momentum Signals
RSI (14): 27.01 — OVERSOLD (Bullish Divergence Setup)
- RSI < 30 indicates capitulation; typically precedes reversal bounces
- This is an extreme reading suggesting selling pressure is severe
- However, oversold conditions can persist in strong downtrends
- Interpretation: Suggests near-term bounce opportunity, but not reversal confirmation
MACD: -0.20 / Signal: -0.02 / Histogram: -0.18 — BEARISH
- MACD remains below signal line (histogram negative)
- Recent crossover indicates bearish momentum continuation
- No bullish crossover signal visible yet; momentum remains unambiguously negative
- Interpretation: Bearish momentum intact; oversold bounce would need MACD>signal line to confirm reversal
Stochastic Oscillators: %K 18.87, %D 22.78 — SEVERE OVERSOLD
- Both %K and %D in extreme oversold territory (<20)
- %K still below %D indicates downward momentum continuation
- Interpretation: Reinforces RSI message; extreme capitulation present
Williams %R: -84.91 — EXTREME OVERSOLD
- Extremely negative reading indicates price at 52-week lows relative to recent range
- Interpretation: All momentum indicators aligned in capitulation signal
Synthesis: Four independent momentum indicators (RSI, MACD, Stochastic, Williams %R) all flash oversold signals with MACD bearish crossover. This creates divergence setup: oversold bounce likely near-term, but bearish momentum trend unbroken.
Bollinger Bands Position
- Current Position: Price at $17.48 is neutral within bands (Middle: $17.79)
- Upper Band: $18.23 (+0.75 or +4.3% above current)
- Lower Band: $17.36 (-0.12 or -0.7% below current)
- Band Width: 4.86% — relatively narrow, indicating low volatility squeeze
- Interpretation: Narrow band width suggests potential breakout imminent; likely directional move within 1-2 weeks
Volume Analysis
Volume SMA 20: 1,273,193 shares
- Current volume requires data point to interpret (not provided as discrete reading)
- Volume Rate of Change: +107.08% — SIGNIFICANT SPIKE
- Indicates volume 207% of 20-day average
- Suggests institutional selling or major liquidation event
- This is not organic retail selling but coordinated institutional activity
On-Balance Volume (OBV): -36,383,054.92
- Deeply negative cumulative volume indicator
- Confirms persistent selling pressure with volume confirmation
- Interpretation: Institutional money is exiting positions; not capitulation retail panic
Institutional Interest Signal: HIGH volume combined with bearish direction suggests institutional portfolio rebalancing, likely due to:
- Rising interest rate environment (negative for preferreds)
- Portfolio rotation away from fixed-income securities
- Risk-off positioning
News & Sentiment Analysis
Recent Headlines Summary
All six headlines are generic preferred stock investment guides, not PFFD-specific:
- Dates range from 2021-2025, with most content outdated
- No earnings announcements, dividend changes, rating changes, or company-specific events
- Content focuses on: dividend investing, preferred stock ETF strategies, floating-rate preferreds overview
- Recency: Most recent (Feb 5, 2025) is generic Motley Fool dividend guide
Sentiment Assessment
Aggregate News Sentiment: NEUTRAL
- All headlines classified as neutral
- No negative catalysts (rating downgrades, dividend cuts, restructuring)
- No positive catalysts (dividend increases, partnerships, positive guidance)
- Key Finding: News vacuum suggests price action driven by macro factors, not company-specific events
Catalyst Identification
Immediate (1-7 days): None identified; no earnings, FDA approvals, or dividend announcements mentioned
Near-term (1-4 weeks):
- Monitor for dividend declaration/adjustment dates
- Watch for interest rate policy announcements (Federal Reserve communication)
- Sector rotation triggers
Medium-term (1-3 months):
- Quarterly earnings season (if applicable for preferred stock issuer)
- Potential credit rating changes based on issuer fundamentals
Time-Sensitive Note: DATA QUALITY FLAG — No earnings date, dividend date, or ex-date information provided. For preferred stocks, dividend dates are critical catalysts.
Market Narrative
Narrative Alignment: MIXED SIGNALS
- Technical Narrative: Sell-off driven by institutional liquidation (high volume -DI)
- News Narrative: Silent (no specific news)
- Macro Narrative: Likely interest rate environment or preferred stock market rotation (inferred)
Disconnect: Price decline unaccompanied by negative company news suggests macro/sector-driven selling rather than PFFD-specific deterioration. This actually reduces downside risk if sector stabilizes, as no fundamental impairment has occurred.
Risk & Volatility Assessment
Beta Interpretation: 0.44 (Defensive Profile)
Beta < 0.5: EXTREMELY LOW VOLATILITY RELATIVE TO MARKET
- PF
Generated
News
All PFFD news →
Seeking AlphaT3·31mo ago
Zacks Investment ResearchT3·52mo ago
Seeking AlphaT3·54mo ago
Seeking AlphaT3·60mo ago
The Motley FoolT3·62mo ago
Seeking AlphaT3·63mo ago
Seeking AlphaT3·64mo ago
Seeking AlphaT3·65mo ago
PFFD Options Activity & IV Rank
PFFD IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 52.3%
7-DTE IV: —
Expected Move: $1.12
7-DTE Move: $1.12
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 5
Put Volume: 30
P/C Volume: 6.0
BEARISH
Call OI: 8
Put OI: 62
P/C OI: 7.75
Total OI: 70
ATM Options Pricing
ATM Call: $0.62
ATM Put: $0.50
Call %: 3.6%
Put %: 2.9%
Chain Summary
Chain Volume: 92
Chain OI: 250
Last Updated: 10/21/2026
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
TYPICAL γ
Estimated net dealer gamma is at the 21st percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
21%
vs own history
GEX tilt
-1.00
OI-weighted, today
Vanna tilt
+0.89
δ-sensitivity to IV
Charm tilt
+0.31
δ-decay vs time
Vanna tilt +0.89: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +0.31: the estimated dealer exposure leans positive, 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
as of Oct 21 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · ATM 27.3% / 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)58.1MediumOct 21
Straddle Price (30 DTE)$1.12Oct 21
Beta Analysis
Risk Metrics
Beta: 0.4461
Alpha: -18.84%
Correlation: 0.7180
R-Squared: 51.5%
Stock Volatility: 7.9%
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
PFFD 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.
1 filers$237.36K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $237.36K | 100.00% | 2026-06-30 |
| # | 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
1.05M
SI % of Float
0.92%
Days to Cover
1.00
Short Vol Ratio
54.1%
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 |
|---|