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United States Brent Oil Fund, LP BNO

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Market dataready · fetched 2026-11-10T22:22:23.836Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-13

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-10T21:50:00.500178691Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-10T22:22:23.390567+00:00

Share price$58.39
1D+2.7%
AH$56.54$57.06$57.58$58.10$58.625:30 AM6:30 AM9:00 AM1:00 PM2:00 PMBNO
Sold putSold callAH

United States Brent Oil Fund, LP options

Live interpolated BNO call and put midpoint premiums by absolute delta.United States Brent Oil Fund, LP$0.28$1.19$2.09$3.00$3.91$54.41$56.48$58.56$60.63$62.7020Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive BNO spot · $58.39BNO PRICE$0.38$0.48$0.60$0.72$0.86$1.03$1.20$1.40$1.61$1.87$2.18$2.51$2.91$0.38$0.50$0.60$0.75$0.91$1.07$1.24$1.48$1.76$2.08$2.46$3.07$3.65
PutsFair1.04×
CallsExpensive1.40×
SkewBearish+0.55 pp
Implied moveBalanced±$2.45
TiltBearish5.8% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ61.5065.3%6.0%55.7762.4%5.1%
25Δ60.7862.3%4.9%56.3561.0%4.3%
30Δ60.2461.4%4.2%56.8958.2%3.6%
35Δ59.7259.3%3.5%57.3158.1%3.1%
40Δ59.2958.6%3.0%57.7158.3%2.7%
45Δ58.8958.8%2.6%58.1057.7%2.3%
50Δ58.4958.9%2.2%58.4957.0%2.0%
55Δ58.1058.7%1.9%58.8857.8%1.7%
60Δ57.7158.3%1.6%59.3059.3%1.5%
65Δ57.3058.8%1.3%59.7560.5%1.2%
70Δ56.8559.8%1.1%60.2662.0%1.0%
75Δ56.3860.0%0.9%60.9667.0%0.8%
80Δ55.8760.1%0.7%61.6768.5%0.6%

20Δ

Calls
Pseudo strike
61.50
IV
65.3%
B/E move
6.0%
Puts
Pseudo strike
55.77
IV
62.4%
B/E move
5.1%

25Δ

Calls
Pseudo strike
60.78
IV
62.3%
B/E move
4.9%
Puts
Pseudo strike
56.35
IV
61.0%
B/E move
4.3%

30Δ

Calls
Pseudo strike
60.24
IV
61.4%
B/E move
4.2%
Puts
Pseudo strike
56.89
IV
58.2%
B/E move
3.6%

35Δ

Calls
Pseudo strike
59.72
IV
59.3%
B/E move
3.5%
Puts
Pseudo strike
57.31
IV
58.1%
B/E move
3.1%

40Δ

Calls
Pseudo strike
59.29
IV
58.6%
B/E move
3.0%
Puts
Pseudo strike
57.71
IV
58.3%
B/E move
2.7%

45Δ

Calls
Pseudo strike
58.89
IV
58.8%
B/E move
2.6%
Puts
Pseudo strike
58.10
IV
57.7%
B/E move
2.3%

50Δ

Calls
Pseudo strike
58.49
IV
58.9%
B/E move
2.2%
Puts
Pseudo strike
58.49
IV
57.0%
B/E move
2.0%

55Δ

Calls
Pseudo strike
58.10
IV
58.7%
B/E move
1.9%
Puts
Pseudo strike
58.88
IV
57.8%
B/E move
1.7%

60Δ

Calls
Pseudo strike
57.71
IV
58.3%
B/E move
1.6%
Puts
Pseudo strike
59.30
IV
59.3%
B/E move
1.5%

65Δ

Calls
Pseudo strike
57.30
IV
58.8%
B/E move
1.3%
Puts
Pseudo strike
59.75
IV
60.5%
B/E move
1.2%

70Δ

Calls
Pseudo strike
56.85
IV
59.8%
B/E move
1.1%
Puts
Pseudo strike
60.26
IV
62.0%
B/E move
1.0%

75Δ

Calls
Pseudo strike
56.38
IV
60.0%
B/E move
0.9%
Puts
Pseudo strike
60.96
IV
67.0%
B/E move
0.8%

80Δ

Calls
Pseudo strike
55.87
IV
60.1%
B/E move
0.7%
Puts
Pseudo strike
61.67
IV
68.5%
B/E move
0.6%

Options history

IV · four-Friday blend54.80%
Daily close
BNO41.7%54.1%66.5%2026-08-12: 61.06%2026-08-13: 53.39%2026-08-14: 55.07%2026-08-17: 57.19%2026-08-18: 53.70%2026-08-19: 51.59%2026-08-20: 50.37%2026-08-21: 49.32%2026-08-24: 49.65%2026-08-25: 49.14%2026-08-26: 50.52%2026-08-27: 50.66%2026-08-28: 44.10%2026-08-31: 47.62%2026-09-01: 51.28%2026-09-02: 48.60%2026-09-03: 49.71%2026-09-04: 43.42%2026-09-08: 49.25%2026-09-09: 50.42%2026-09-10: 64.82%2026-09-11: 58.72%2026-09-14: 60.47%2026-09-15: 63.73%2026-09-16: 55.14%2026-09-17: 48.43%2026-09-18: 49.93%2026-09-21: 50.86%2026-09-22: 55.71%2026-09-23: 54.44%2026-09-24: 56.52%2026-09-25: 55.60%2026-09-28: 63.70%2026-09-29: 58.17%2026-09-30: 55.33%2026-10-01: 56.21%2026-10-02: 52.21%2026-10-05: 49.61%2026-10-06: 51.31%2026-10-07: 50.07%2026-10-08: 48.77%2026-10-09: 49.50%2026-10-12: 46.20%2026-10-13: 46.50%2026-10-14: 46.75%2026-10-15: 45.71%2026-10-16: 51.55%2026-10-19: 52.82%2026-10-20: 51.76%2026-10-21: 55.55%2026-10-22: 56.90%2026-10-23: 59.64%2026-10-26: 59.94%2026-10-27: 54.48%2026-10-28: 55.05%2026-10-29: 54.37%2026-10-30: 54.80%Aug 12Sep 22Oct 30
57 observations2026-08-12 — 2026-10-30
Table
DateIV (%)
61.06%
53.39%
55.07%
57.19%
53.70%
51.59%
50.37%
49.32%
49.65%
49.14%
50.52%
50.66%
44.10%
47.62%
51.28%
48.60%
49.71%
43.42%
49.25%
50.42%
64.82%
58.72%
60.47%
63.73%
55.14%
48.43%
49.93%
50.86%
55.71%
54.44%
56.52%
55.60%
63.70%
58.17%
55.33%
56.21%
52.21%
49.61%
51.31%
50.07%
48.77%
49.50%
46.20%
46.50%
46.75%
45.71%
51.55%
52.82%
51.76%
55.55%
56.90%
59.64%
59.94%
54.48%
55.05%
54.37%
54.80%