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Defiance Daily Target 2X Long DRAM ETF DRAL

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Market dataready · fetched 2026-10-22T22:02:22.377Z

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 and implied move: recorded expiration-specific observations.

History data

PriceAlpaca · sip · 2026-10-22T21:44:28.473521161Z

FundamentalsAlpha Vantage · ready · fetched 2026-10-22T22:02:20.696541+00:00

Share price$6.30
1D-8.8%
AH$6.13$6.38$6.62$6.86$7.105:30 AM6:30 AM9:00 AM1:00 PM2:00 PMDRAL
Sold putSold callAH

Defiance Daily Target 2X Long DRAM ETF options

Live interpolated DRAL call and put midpoint premiums by absolute delta.Defiance Daily Target 2X Long DRAM ETF$0.17$0.94$1.72$2.49$3.27$2.88$5.53$8.18$10.83$13.4820Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive DRAL spot · $6.30DRAL PRICE$0.25$0.31$0.35$0.44$0.54$0.63$0.76$0.89$1.02$1.18$1.38$1.57$1.82$0.34$0.45$0.57$0.69$0.83$0.98$1.12$1.27$1.52$1.78$2.05$2.53$3.04
PutsCheap0.94×
CallsExpensive1.22×
SkewBullish-7.13 pp
Implied moveBearish±$1.88
TiltBearish21.3% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ9.98153.2%62.4%4.88139.9%27.8%
25Δ8.90138.6%46.1%5.24134.5%23.9%
30Δ8.04122.1%33.1%5.55133.1%20.9%
35Δ7.70123.4%29.2%5.86131.8%18.0%
40Δ7.38125.6%25.6%6.15129.5%15.5%
45Δ7.06127.8%22.1%6.43126.6%13.4%
50Δ6.76130.0%19.3%6.71123.7%11.3%
55Δ6.46132.3%16.7%6.99120.7%9.2%
60Δ6.17134.6%14.2%7.33120.9%7.8%
65Δ5.86136.7%11.8%7.67121.1%6.5%
70Δ5.54138.8%9.8%8.02121.5%5.1%
75Δ5.22140.8%7.7%8.58125.2%4.0%
80Δ4.85145.2%5.9%9.16127.9%2.9%

20Δ

Calls
Pseudo strike
9.98
IV
153.2%
B/E move
62.4%
Puts
Pseudo strike
4.88
IV
139.9%
B/E move
27.8%

25Δ

Calls
Pseudo strike
8.90
IV
138.6%
B/E move
46.1%
Puts
Pseudo strike
5.24
IV
134.5%
B/E move
23.9%

30Δ

Calls
Pseudo strike
8.04
IV
122.1%
B/E move
33.1%
Puts
Pseudo strike
5.55
IV
133.1%
B/E move
20.9%

35Δ

Calls
Pseudo strike
7.70
IV
123.4%
B/E move
29.2%
Puts
Pseudo strike
5.86
IV
131.8%
B/E move
18.0%

40Δ

Calls
Pseudo strike
7.38
IV
125.6%
B/E move
25.6%
Puts
Pseudo strike
6.15
IV
129.5%
B/E move
15.5%

45Δ

Calls
Pseudo strike
7.06
IV
127.8%
B/E move
22.1%
Puts
Pseudo strike
6.43
IV
126.6%
B/E move
13.4%

50Δ

Calls
Pseudo strike
6.76
IV
130.0%
B/E move
19.3%
Puts
Pseudo strike
6.71
IV
123.7%
B/E move
11.3%

55Δ

Calls
Pseudo strike
6.46
IV
132.3%
B/E move
16.7%
Puts
Pseudo strike
6.99
IV
120.7%
B/E move
9.2%

60Δ

Calls
Pseudo strike
6.17
IV
134.6%
B/E move
14.2%
Puts
Pseudo strike
7.33
IV
120.9%
B/E move
7.8%

65Δ

Calls
Pseudo strike
5.86
IV
136.7%
B/E move
11.8%
Puts
Pseudo strike
7.67
IV
121.1%
B/E move
6.5%

70Δ

Calls
Pseudo strike
5.54
IV
138.8%
B/E move
9.8%
Puts
Pseudo strike
8.02
IV
121.5%
B/E move
5.1%

75Δ

Calls
Pseudo strike
5.22
IV
140.8%
B/E move
7.7%
Puts
Pseudo strike
8.58
IV
125.2%
B/E move
4.0%

80Δ

Calls
Pseudo strike
4.85
IV
145.2%
B/E move
5.9%
Puts
Pseudo strike
9.16
IV
127.9%
B/E move
2.9%

Options history

DRAL109.36110.19111.022026-10-20: 110.91%2026-10-21: 109.48%Oct 20Oct 21
Table
DateIV
110.91%
109.48%