UTES · Iron Condor Setups

Virtus Reaves Utilities ETF · ETF

Iron condor opportunities for UTES based on the same scoring engine used in the Iron Condor Screener: breach rate, average straddle, IV rank, IV premium, and beta-adjusted scoring. Updated every 5 minutes during market hours.

UTES IV rank history

30 sessions

IV rank = where today's implied volatility sits in its range over the past 90 sessions (0–100).

Current Iron Condor Setup for UTES
Score
5.65
Breach Rate
25.2%
64 of 254 observations
Avg Straddle
$4.45
5.2% of price
IV Rank
39%
IV Premium
1.02x
IV ÷ Realized Vol
Beta vs SPY
0.60
P/C Vol
875.50
Current Price
$74.61
Score formula: (1 − breach_rate) × avg_straddle × IV_premium_factor × beta_penalty. Higher is better. UTES is ranked against all other tracked symbols by score; see the full Iron Condor Screener for the leaderboard.
UTES IV Rank — Last 30 Days
DateIV Rank
2026102339%
2026102258%
2026102143%
2026102069%
2026101931%
2026101660%
2026101562%
2026101449%
2026101359%
2026101237%
2026100946%
2026100824%
2026100751%
2026100666%
2026100571%
20261002100%
2026100187%
2026093081%
2026092976%
2026092872%
2026092542%
2026092450%
202609237%
2026092226%
2026092149%
2026091871%
2026091715%
2026091643%
2026091535%
2026091412%

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.