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First Trust Morningstar Dividend Leaders Index Fund FDL

i

Market dataready · fetched 2026-11-12T01:44:51.789Z

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 · 2026-11-12T01:00:00.148430325Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-12T01:44:51.400275+00:00

Share price$53.91
1D+1.0%
AH$53.29$53.46$53.63$53.79$53.965:30 AM6:30 AM9:00 AM1:00 PM2:00 PMFDL
Sold putSold callAH

First Trust Morningstar Dividend Leaders Index Fund options

Live interpolated FDL call and put midpoint premiums by absolute delta.First Trust Morningstar Dividend Leaders Index Fund$0.75$1.41$2.06$2.71$3.36$49.95$51.53$53.10$54.67$56.2420Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ20Δ C unavailable: no unambiguous, price-consistent delta bracketC —75Δ C unavailable: no unambiguous, price-consistent delta bracketC —80Δ C unavailable: no unambiguous, price-consistent delta bracketC —OPTION PRICELive FDL spot · $53.91FDL PRICE$0.82$0.82$0.84$0.86$0.88$0.90$0.96$1.02$1.08$1.14$0.82$0.84$0.87$0.89$0.93$0.99$1.06$1.16$1.25$1.35$1.56$2.13$3.17
PutsExpensive1.74×
Calls——
Skew——
Implied moveBearish±$1.96
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ48.8183.1%11.0%
25Δ58.4369.9%9.9%50.6864.4%7.5%
30Δ56.6454.4%6.6%51.8752.5%5.4%
35Δ55.6044.4%4.7%52.6544.0%4.0%
40Δ54.8937.4%3.4%53.2238.2%3.0%
45Δ54.4632.5%2.6%53.6334.4%2.4%
50Δ54.0327.7%1.9%54.0230.8%1.8%
55Δ53.8125.6%1.6%54.2829.0%1.5%
60Δ53.6023.7%1.3%54.5427.2%1.2%
65Δ53.4021.7%1.1%54.8025.3%0.9%
70Δ53.1919.8%0.8%55.1424.9%0.6%
75Δ55.7529.1%0.6%
80Δ56.7937.2%0.5%

20Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
48.81
IV
83.1%
B/E move
11.0%

25Δ

Calls
Pseudo strike
58.43
IV
69.9%
B/E move
9.9%
Puts
Pseudo strike
50.68
IV
64.4%
B/E move
7.5%

30Δ

Calls
Pseudo strike
56.64
IV
54.4%
B/E move
6.6%
Puts
Pseudo strike
51.87
IV
52.5%
B/E move
5.4%

35Δ

Calls
Pseudo strike
55.60
IV
44.4%
B/E move
4.7%
Puts
Pseudo strike
52.65
IV
44.0%
B/E move
4.0%

40Δ

Calls
Pseudo strike
54.89
IV
37.4%
B/E move
3.4%
Puts
Pseudo strike
53.22
IV
38.2%
B/E move
3.0%

45Δ

Calls
Pseudo strike
54.46
IV
32.5%
B/E move
2.6%
Puts
Pseudo strike
53.63
IV
34.4%
B/E move
2.4%

50Δ

Calls
Pseudo strike
54.03
IV
27.7%
B/E move
1.9%
Puts
Pseudo strike
54.02
IV
30.8%
B/E move
1.8%

55Δ

Calls
Pseudo strike
53.81
IV
25.6%
B/E move
1.6%
Puts
Pseudo strike
54.28
IV
29.0%
B/E move
1.5%

60Δ

Calls
Pseudo strike
53.60
IV
23.7%
B/E move
1.3%
Puts
Pseudo strike
54.54
IV
27.2%
B/E move
1.2%

65Δ

Calls
Pseudo strike
53.40
IV
21.7%
B/E move
1.1%
Puts
Pseudo strike
54.80
IV
25.3%
B/E move
0.9%

70Δ

Calls
Pseudo strike
53.19
IV
19.8%
B/E move
0.8%
Puts
Pseudo strike
55.14
IV
24.9%
B/E move
0.6%

75Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
55.75
IV
29.1%
B/E move
0.6%

80Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
56.79
IV
37.2%
B/E move
0.5%

Options history

IV · four-Friday blend21.14%
Daily close
FDL17.8%32.4%46.9%2026-08-13: 26.92%2026-08-14: 27.79%2026-08-17: 30.32%2026-08-18: 31.10%2026-08-19: 35.32%2026-08-20: 43.42%2026-08-21: 21.76%2026-08-24: 22.27%2026-08-25: 22.28%2026-08-26: 22.51%2026-08-27: 22.27%2026-08-28: 22.24%2026-08-31: 22.91%2026-09-01: 22.81%2026-09-02: 22.91%2026-09-03: 23.47%2026-09-04: 23.71%2026-09-08: 25.63%2026-09-09: 23.62%2026-09-10: 26.30%2026-09-11: 25.25%2026-09-14: 28.80%2026-09-15: 30.61%2026-09-16: 36.34%2026-09-17: 44.90%2026-09-18: 22.82%2026-09-21: 22.47%2026-09-22: 23.19%2026-09-23: 23.21%2026-09-24: 22.74%2026-09-25: 22.45%2026-09-28: 23.19%2026-09-29: 23.55%2026-09-30: 21.64%2026-10-01: 23.75%2026-10-02: 24.07%2026-10-05: 24.52%2026-10-06: 25.17%2026-10-07: 24.01%2026-10-08: 25.50%2026-10-09: 26.07%2026-10-12: 29.73%2026-10-13: 30.27%2026-10-14: 33.78%2026-10-15: 40.57%2026-10-16: 19.89%2026-10-19: 20.39%2026-10-20: 20.30%2026-10-21: 20.40%2026-10-22: 19.81%2026-10-23: 20.39%2026-10-26: 20.97%2026-10-27: 21.56%2026-10-28: 21.67%2026-10-29: 21.64%2026-10-30: 21.14%Aug 13Sep 22Oct 30
56 observations2026-08-13 — 2026-10-30
Table
DateIV (%)
26.92%
27.79%
30.32%
31.10%
35.32%
43.42%
21.76%
22.27%
22.28%
22.51%
22.27%
22.24%
22.91%
22.81%
22.91%
23.47%
23.71%
25.63%
23.62%
26.30%
25.25%
28.80%
30.61%
36.34%
44.90%
22.82%
22.47%
23.19%
23.21%
22.74%
22.45%
23.19%
23.55%
21.64%
23.75%
24.07%
24.52%
25.17%
24.01%
25.50%
26.07%
29.73%
30.27%
33.78%
40.57%
19.89%
20.39%
20.30%
20.40%
19.81%
20.39%
20.97%
21.56%
21.67%
21.64%
21.14%