IntraAlpha
Create free account Start free

First Trust Multi Cap Growth AlphaDEX Fund FAD

i

Market dataready · fetched 2026-11-11T13:59:17.796Z

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 · 2026-11-10T21:00:00.13941565Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-11T13:59:17.371173+00:00

Share price$175.85
1D+0.1%
AH$174.06$174.58$175.10$175.63$176.155:30 AM6:30 AM9:00 AM1:00 PM2:00 PMFAD
Sold putSold callAH

First Trust Multi Cap Growth AlphaDEX Fund options

Live interpolated FAD call and put midpoint premiums by absolute delta.First Trust Multi Cap Growth AlphaDEX Fund$0.42$2.27$4.12$5.97$7.82$165.64$170.75$175.85$180.95$186.0620Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive FAD spot · $175.85FAD PRICE$0.62$0.80$1.02$1.29$1.63$2.01$2.39$2.81$3.28$3.64$3.70$3.90$5.23$0.84$1.10$1.36$1.64$1.94$2.27$2.64$3.05$3.48$3.97$4.53$5.29$7.29
PutsCheap0.82×
CallsCheap0.70×
SkewBearish+3.52 pp
Implied moveBearish±$5.03
TiltBearish9.8% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ181.0020.3%3.3%170.0626.7%3.8%
25Δ179.8219.7%2.7%171.2725.9%3.2%
30Δ179.0019.8%2.4%172.4725.2%2.7%
35Δ178.2620.0%2.1%173.5424.6%2.2%
40Δ177.5620.8%1.9%174.4624.0%1.9%
45Δ176.8821.9%1.7%175.3223.6%1.6%
50Δ176.1222.1%1.5%176.1423.4%1.3%
55Δ175.3522.3%1.3%176.9423.1%1.1%
60Δ174.5522.5%1.1%177.7422.8%0.9%
65Δ173.8521.9%0.9%178.5522.5%0.7%
70Δ173.4019.4%0.7%179.3922.3%0.6%
75Δ172.8417.4%0.5%180.4022.5%0.4%
80Δ171.3919.7%0.4%182.4726.8%0.4%

20Δ

Calls
Pseudo strike
181.00
IV
20.3%
B/E move
3.3%
Puts
Pseudo strike
170.06
IV
26.7%
B/E move
3.8%

25Δ

Calls
Pseudo strike
179.82
IV
19.7%
B/E move
2.7%
Puts
Pseudo strike
171.27
IV
25.9%
B/E move
3.2%

30Δ

Calls
Pseudo strike
179.00
IV
19.8%
B/E move
2.4%
Puts
Pseudo strike
172.47
IV
25.2%
B/E move
2.7%

35Δ

Calls
Pseudo strike
178.26
IV
20.0%
B/E move
2.1%
Puts
Pseudo strike
173.54
IV
24.6%
B/E move
2.2%

40Δ

Calls
Pseudo strike
177.56
IV
20.8%
B/E move
1.9%
Puts
Pseudo strike
174.46
IV
24.0%
B/E move
1.9%

45Δ

Calls
Pseudo strike
176.88
IV
21.9%
B/E move
1.7%
Puts
Pseudo strike
175.32
IV
23.6%
B/E move
1.6%

50Δ

Calls
Pseudo strike
176.12
IV
22.1%
B/E move
1.5%
Puts
Pseudo strike
176.14
IV
23.4%
B/E move
1.3%

55Δ

Calls
Pseudo strike
175.35
IV
22.3%
B/E move
1.3%
Puts
Pseudo strike
176.94
IV
23.1%
B/E move
1.1%

60Δ

Calls
Pseudo strike
174.55
IV
22.5%
B/E move
1.1%
Puts
Pseudo strike
177.74
IV
22.8%
B/E move
0.9%

65Δ

Calls
Pseudo strike
173.85
IV
21.9%
B/E move
0.9%
Puts
Pseudo strike
178.55
IV
22.5%
B/E move
0.7%

70Δ

Calls
Pseudo strike
173.40
IV
19.4%
B/E move
0.7%
Puts
Pseudo strike
179.39
IV
22.3%
B/E move
0.6%

75Δ

Calls
Pseudo strike
172.84
IV
17.4%
B/E move
0.5%
Puts
Pseudo strike
180.40
IV
22.5%
B/E move
0.4%

80Δ

Calls
Pseudo strike
171.39
IV
19.7%
B/E move
0.4%
Puts
Pseudo strike
182.47
IV
26.8%
B/E move
0.4%

Options history

IV · four-Friday blend22.04%
Daily close
FAD14.0%21.9%29.8%2026-08-13: 15.22%2026-08-14: 15.12%2026-08-17: 15.96%2026-08-18: 16.51%2026-08-19: 17.21%2026-08-20: 18.98%2026-08-24: 17.54%2026-08-25: 17.05%2026-08-28: 16.03%2026-08-31: 16.84%2026-09-01: 17.55%2026-09-02: 16.74%2026-09-03: 16.78%2026-09-04: 15.92%2026-09-08: 16.93%2026-09-09: 17.60%2026-09-10: 18.84%2026-09-11: 17.05%2026-09-14: 18.02%2026-09-15: 19.94%2026-09-16: 19.88%2026-09-17: 28.69%2026-09-18: 19.09%2026-09-21: 20.06%2026-09-22: 19.76%2026-09-23: 20.29%2026-09-24: 20.63%2026-09-25: 19.77%2026-09-28: 20.77%2026-09-29: 21.02%2026-09-30: 21.27%2026-10-01: 21.30%2026-10-02: 20.32%2026-10-05: 20.36%2026-10-06: 20.15%2026-10-07: 20.74%2026-10-08: 20.89%2026-10-09: 19.69%2026-10-12: 19.95%2026-10-13: 20.89%2026-10-14: 21.41%2026-10-15: 22.02%2026-10-16: 21.58%2026-10-19: 20.91%2026-10-20: 20.79%2026-10-21: 20.70%2026-10-22: 21.98%2026-10-23: 21.63%2026-10-26: 21.36%2026-10-27: 20.71%2026-10-28: 20.08%2026-10-29: 19.83%2026-10-30: 22.04%Aug 13Sep 24Oct 30
53 observations2026-08-13 — 2026-10-30
Table
DateIV (%)
15.22%
15.12%
15.96%
16.51%
17.21%
18.98%
17.54%
17.05%
16.03%
16.84%
17.55%
16.74%
16.78%
15.92%
16.93%
17.60%
18.84%
17.05%
18.02%
19.94%
19.88%
28.69%
19.09%
20.06%
19.76%
20.29%
20.63%
19.77%
20.77%
21.02%
21.27%
21.30%
20.32%
20.36%
20.15%
20.74%
20.89%
19.69%
19.95%
20.89%
21.41%
22.02%
21.58%
20.91%
20.79%
20.70%
21.98%
21.63%
21.36%
20.71%
20.08%
19.83%
22.04%