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First Trust Short Duration Managed Municipal ETF FSMB

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Market datapartial · fetched 2026-10-22T07:12:55.777Z

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 · 2026-10-22T00:00:00.121855123Z

FundamentalsAlpha Vantage · unavailable

Share price$19.62
1D+0.2%
AH$19.58$19.60$19.61$19.62$19.645:30 AM6:30 AM9:00 AM1:00 PM2:00 PMFSMB
Sold putSold callAH

First Trust Short Duration Managed Municipal ETF options

Live interpolated FSMB call and put midpoint premiums by absolute delta.First Trust Short Duration Managed Municipal ETF$0.60$0.80$1.00$1.19$1.39$16.33$17.95$19.58$21.20$22.8320Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive FSMB spot · $19.62FSMB PRICE$0.63$0.63$0.63$0.63$0.63$0.63$0.69$0.77$0.85$0.93$1.02$1.18$1.33$0.63$0.63$0.66$0.73$0.79$0.86$0.93$0.99$1.06$1.13$1.19$1.26$1.33
PutsExpensive11.55×
CallsExpensive10.77×
SkewBearish+1.46 pp
Implied moveBearish±$1.62
TiltBearish7.2% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ27.50116.4%43.4%16.4189.2%19.6%
25Δ23.8484.3%24.7%17.5668.8%13.7%
30Δ22.0664.6%15.6%18.1459.1%10.9%
35Δ21.3854.7%12.1%18.4055.7%9.9%
40Δ20.7345.0%8.8%18.6652.3%9.0%
45Δ20.0835.4%5.5%18.9148.8%8.0%
50Δ19.8132.9%4.5%19.1745.4%7.0%
55Δ19.6031.4%3.9%19.4342.0%6.0%
60Δ19.3929.9%3.2%19.6938.6%5.1%
65Δ19.1828.4%2.5%19.9535.2%4.1%
70Δ18.9626.9%1.9%20.2031.8%3.1%
75Δ18.7426.0%1.5%20.4628.3%2.1%
80Δ18.5125.1%1.1%20.7224.9%1.2%

20Δ

Calls
Pseudo strike
27.50
IV
116.4%
B/E move
43.4%
Puts
Pseudo strike
16.41
IV
89.2%
B/E move
19.6%

25Δ

Calls
Pseudo strike
23.84
IV
84.3%
B/E move
24.7%
Puts
Pseudo strike
17.56
IV
68.8%
B/E move
13.7%

30Δ

Calls
Pseudo strike
22.06
IV
64.6%
B/E move
15.6%
Puts
Pseudo strike
18.14
IV
59.1%
B/E move
10.9%

35Δ

Calls
Pseudo strike
21.38
IV
54.7%
B/E move
12.1%
Puts
Pseudo strike
18.40
IV
55.7%
B/E move
9.9%

40Δ

Calls
Pseudo strike
20.73
IV
45.0%
B/E move
8.8%
Puts
Pseudo strike
18.66
IV
52.3%
B/E move
9.0%

45Δ

Calls
Pseudo strike
20.08
IV
35.4%
B/E move
5.5%
Puts
Pseudo strike
18.91
IV
48.8%
B/E move
8.0%

50Δ

Calls
Pseudo strike
19.81
IV
32.9%
B/E move
4.5%
Puts
Pseudo strike
19.17
IV
45.4%
B/E move
7.0%

55Δ

Calls
Pseudo strike
19.60
IV
31.4%
B/E move
3.9%
Puts
Pseudo strike
19.43
IV
42.0%
B/E move
6.0%

60Δ

Calls
Pseudo strike
19.39
IV
29.9%
B/E move
3.2%
Puts
Pseudo strike
19.69
IV
38.6%
B/E move
5.1%

65Δ

Calls
Pseudo strike
19.18
IV
28.4%
B/E move
2.5%
Puts
Pseudo strike
19.95
IV
35.2%
B/E move
4.1%

70Δ

Calls
Pseudo strike
18.96
IV
26.9%
B/E move
1.9%
Puts
Pseudo strike
20.20
IV
31.8%
B/E move
3.1%

75Δ

Calls
Pseudo strike
18.74
IV
26.0%
B/E move
1.5%
Puts
Pseudo strike
20.46
IV
28.3%
B/E move
2.1%

80Δ

Calls
Pseudo strike
18.51
IV
25.1%
B/E move
1.1%
Puts
Pseudo strike
20.72
IV
24.9%
B/E move
1.2%

Options history

No recorded observations