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Breakwave Tanker Shipping ETF BWET

i

Market dataready · fetched 2026-11-12T16:32:53.211Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

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 · 2026-11-12T16:32:43.232891452Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-12T16:32:51.244021+00:00

Share price$574.50
1D+2.5%
$555$560$565$570$5755:30 AM6:30 AM9:00 AM1:00 PMBWET
Sold putSold call

Breakwave Tanker Shipping ETF options

Live interpolated BWET call and put midpoint premiums by absolute delta.Breakwave Tanker Shipping ETF$4.98$48.23$91.47$134.71$177.96$367.17$489.46$611.75$734.05$856.3420Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive BWET spot · $574.50BWET PRICE$9.66$12.97$15.77$18.68$22.59$26.20$30.21$36.37$40.32$46.40$53.17$61.77$71.18$14.36$19.76$25.18$30.70$36.62$43.29$50.85$58.69$73.66$75.64$102.25$125.37$165.49
PutsCheap0.74×
CallsCheap0.81×
SkewBearish+37.32 pp
Implied moveBearish±$81.06
TiltBearish29.7% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ667.56109.2%17.9%494.78136.9%16.4%
25Δ650.92110.7%15.6%510.88139.8%14.5%
30Δ631.74105.4%12.7%527.24138.8%12.6%
35Δ616.08101.0%10.5%542.86136.4%10.9%
40Δ603.89101.0%9.0%557.65134.1%9.3%
45Δ592.0798.9%7.6%571.92132.6%8.0%
50Δ580.9997.1%6.4%586.02131.8%6.8%
55Δ570.62101.0%5.7%600.11130.1%5.8%
60Δ560.2396.8%4.5%618.66138.7%5.1%
65Δ549.6897.0%3.8%627.84125.0%3.9%
70Δ538.7797.0%3.0%656.61142.2%3.5%
75Δ526.6798.4%2.4%683.49148.7%2.9%
80Δ513.8498.6%1.8%726.77162.3%2.3%

20Δ

Calls
Pseudo strike
667.56
IV
109.2%
B/E move
17.9%
Puts
Pseudo strike
494.78
IV
136.9%
B/E move
16.4%

25Δ

Calls
Pseudo strike
650.92
IV
110.7%
B/E move
15.6%
Puts
Pseudo strike
510.88
IV
139.8%
B/E move
14.5%

30Δ

Calls
Pseudo strike
631.74
IV
105.4%
B/E move
12.7%
Puts
Pseudo strike
527.24
IV
138.8%
B/E move
12.6%

35Δ

Calls
Pseudo strike
616.08
IV
101.0%
B/E move
10.5%
Puts
Pseudo strike
542.86
IV
136.4%
B/E move
10.9%

40Δ

Calls
Pseudo strike
603.89
IV
101.0%
B/E move
9.0%
Puts
Pseudo strike
557.65
IV
134.1%
B/E move
9.3%

45Δ

Calls
Pseudo strike
592.07
IV
98.9%
B/E move
7.6%
Puts
Pseudo strike
571.92
IV
132.6%
B/E move
8.0%

50Δ

Calls
Pseudo strike
580.99
IV
97.1%
B/E move
6.4%
Puts
Pseudo strike
586.02
IV
131.8%
B/E move
6.8%

55Δ

Calls
Pseudo strike
570.62
IV
101.0%
B/E move
5.7%
Puts
Pseudo strike
600.11
IV
130.1%
B/E move
5.8%

60Δ

Calls
Pseudo strike
560.23
IV
96.8%
B/E move
4.5%
Puts
Pseudo strike
618.66
IV
138.7%
B/E move
5.1%

65Δ

Calls
Pseudo strike
549.68
IV
97.0%
B/E move
3.8%
Puts
Pseudo strike
627.84
IV
125.0%
B/E move
3.9%

70Δ

Calls
Pseudo strike
538.77
IV
97.0%
B/E move
3.0%
Puts
Pseudo strike
656.61
IV
142.2%
B/E move
3.5%

75Δ

Calls
Pseudo strike
526.67
IV
98.4%
B/E move
2.4%
Puts
Pseudo strike
683.49
IV
148.7%
B/E move
2.9%

80Δ

Calls
Pseudo strike
513.84
IV
98.6%
B/E move
1.8%
Puts
Pseudo strike
726.77
IV
162.3%
B/E move
2.3%

Options history

IV · four-Friday blend101.95%
Daily close
BWET80.4%115.2%150.0%2026-08-17: 104.29%2026-08-18: 101.46%2026-08-19: 94.87%2026-08-20: 96.74%2026-08-21: 95.96%2026-08-24: 99.59%2026-08-25: 96.74%2026-08-26: 102.33%2026-08-27: 101.10%2026-08-28: 98.83%2026-08-31: 101.39%2026-09-01: 91.72%2026-09-02: 89.49%2026-09-03: 90.19%2026-09-04: 85.18%2026-09-08: 92.14%2026-09-09: 95.97%2026-09-10: 107.22%2026-09-11: 126.43%2026-09-14: 145.17%2026-09-15: 139.51%2026-09-16: 129.43%2026-09-17: 124.46%2026-09-22: 126.18%2026-09-23: 122.41%2026-09-24: 124.80%2026-09-25: 119.14%2026-09-28: 119.69%2026-09-29: 119.81%2026-10-07: 106.87%2026-10-09: 107.54%2026-10-12: 111.96%2026-10-13: 111.43%2026-10-14: 107.70%2026-10-15: 114.40%2026-10-20: 103.28%2026-10-21: 101.95%Aug 17Sep 11Oct 21
37 observations2026-08-17 — 2026-10-21
Table
DateIV (%)
104.29%
101.46%
94.87%
96.74%
95.96%
99.59%
96.74%
102.33%
101.10%
98.83%
101.39%
91.72%
89.49%
90.19%
85.18%
92.14%
95.97%
107.22%
126.43%
145.17%
139.51%
129.43%
124.46%
126.18%
122.41%
124.80%
119.14%
119.69%
119.81%
106.87%
107.54%
111.96%
111.43%
107.70%
114.40%
103.28%
101.95%