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First Trust Preferred Securities and Income ETF FPE

i

Market dataready · fetched 2026-11-11T15:51:16.022Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-12-18

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 · 2026-11-11T15:51:02.612619836Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-11T15:51:15.145844+00:00

Share price$17.11
1D-0.3%
$17.10$17.11$17.13$17.14$17.165:30 AM6:30 AM9:00 AM1:00 PMFPE
Sold putSold call

First Trust Preferred Securities and Income ETF options

Live interpolated FPE call and put midpoint premiums by absolute delta.First Trust Preferred Securities and Income ETF$0.41$0.83$1.25$1.66$2.08$14.49$15.91$17.34$18.77$20.1920Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive FPE spot · $17.11FPE PRICE$0.46$0.47$0.49$0.51$0.52$0.54$0.55$0.57$0.62$0.71$0.79$0.88$0.97$0.47$0.47$0.48$0.50$0.51$0.59$0.78$0.98$1.18$1.37$1.57$1.76$1.96
PutsExpensive3.48×
CallsExpensive4.04×
SkewBullish-8.46 pp
Implied moveBearish±$1.34
TiltBearish22.0% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ24.4198.6%45.4%14.4372.9%18.5%
25Δ23.4288.4%39.7%15.3556.7%13.1%
30Δ22.4478.2%34.0%16.1043.6%8.7%
35Δ21.4568.0%28.3%16.4437.9%6.8%
40Δ20.4757.8%22.7%16.7732.2%5.0%
45Δ19.4847.6%17.0%17.0828.6%3.6%
50Δ18.4937.4%11.3%17.3529.3%3.2%
55Δ17.5127.2%5.6%17.6230.1%2.8%
60Δ16.9321.6%2.5%17.8830.8%2.3%
65Δ16.7720.7%2.2%18.1531.6%1.9%
70Δ16.6219.9%1.8%18.4132.3%1.5%
75Δ16.4719.0%1.4%18.6833.1%1.1%
80Δ16.3218.2%1.0%18.9533.8%0.7%

20Δ

Calls
Pseudo strike
24.41
IV
98.6%
B/E move
45.4%
Puts
Pseudo strike
14.43
IV
72.9%
B/E move
18.5%

25Δ

Calls
Pseudo strike
23.42
IV
88.4%
B/E move
39.7%
Puts
Pseudo strike
15.35
IV
56.7%
B/E move
13.1%

30Δ

Calls
Pseudo strike
22.44
IV
78.2%
B/E move
34.0%
Puts
Pseudo strike
16.10
IV
43.6%
B/E move
8.7%

35Δ

Calls
Pseudo strike
21.45
IV
68.0%
B/E move
28.3%
Puts
Pseudo strike
16.44
IV
37.9%
B/E move
6.8%

40Δ

Calls
Pseudo strike
20.47
IV
57.8%
B/E move
22.7%
Puts
Pseudo strike
16.77
IV
32.2%
B/E move
5.0%

45Δ

Calls
Pseudo strike
19.48
IV
47.6%
B/E move
17.0%
Puts
Pseudo strike
17.08
IV
28.6%
B/E move
3.6%

50Δ

Calls
Pseudo strike
18.49
IV
37.4%
B/E move
11.3%
Puts
Pseudo strike
17.35
IV
29.3%
B/E move
3.2%

55Δ

Calls
Pseudo strike
17.51
IV
27.2%
B/E move
5.6%
Puts
Pseudo strike
17.62
IV
30.1%
B/E move
2.8%

60Δ

Calls
Pseudo strike
16.93
IV
21.6%
B/E move
2.5%
Puts
Pseudo strike
17.88
IV
30.8%
B/E move
2.3%

65Δ

Calls
Pseudo strike
16.77
IV
20.7%
B/E move
2.2%
Puts
Pseudo strike
18.15
IV
31.6%
B/E move
1.9%

70Δ

Calls
Pseudo strike
16.62
IV
19.9%
B/E move
1.8%
Puts
Pseudo strike
18.41
IV
32.3%
B/E move
1.5%

75Δ

Calls
Pseudo strike
16.47
IV
19.0%
B/E move
1.4%
Puts
Pseudo strike
18.68
IV
33.1%
B/E move
1.1%

80Δ

Calls
Pseudo strike
16.32
IV
18.2%
B/E move
1.0%
Puts
Pseudo strike
18.95
IV
33.8%
B/E move
0.7%

Options history

IV · four-Friday blend23.82%
Daily close
FPE15.8%40.1%64.3%2026-08-17: 32.35%2026-08-18: 35.66%2026-08-19: 41.16%2026-08-20: 50.89%2026-08-21: 20.63%2026-08-24: 19.24%2026-09-09: 30.13%2026-09-10: 30.39%2026-09-11: 32.29%2026-09-14: 37.65%2026-09-15: 40.96%2026-09-16: 46.95%2026-09-17: 60.97%2026-09-18: 21.35%2026-09-21: 22.75%2026-09-22: 22.56%2026-09-23: 22.57%2026-09-24: 22.56%2026-09-25: 22.54%2026-09-28: 23.62%2026-10-01: 23.53%2026-10-06: 25.18%2026-10-07: 25.44%2026-10-08: 26.44%2026-10-13: 34.09%2026-10-15: 48.38%2026-10-16: 21.30%2026-10-19: 21.18%2026-10-20: 21.13%2026-10-21: 20.41%2026-10-22: 20.33%2026-10-23: 19.15%2026-10-26: 22.83%2026-10-27: 23.20%2026-10-28: 22.97%2026-10-29: 23.21%2026-10-30: 23.82%Aug 17Sep 25Oct 30
37 observations2026-08-17 — 2026-10-30
Table
DateIV (%)
32.35%
35.66%
41.16%
50.89%
20.63%
19.24%
30.13%
30.39%
32.29%
37.65%
40.96%
46.95%
60.97%
21.35%
22.75%
22.56%
22.57%
22.56%
22.54%
23.62%
23.53%
25.18%
25.44%
26.44%
34.09%
48.38%
21.30%
21.18%
21.13%
20.41%
20.33%
19.15%
22.83%
23.20%
22.97%
23.21%
23.82%