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AdvisorShares Active Bear ETF HDGE

i

Market dataready · fetched 2026-11-11T15:55:11.422Z

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 · 2026-11-11T15:53:01.154161194Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-11T15:55:10.900828+00:00

Share price$14.25
1D-0.1%
$14.22$14.24$14.25$14.26$14.285:30 AM6:30 AM9:00 AM1:00 PMHDGE
Sold putSold call

AdvisorShares Active Bear ETF options

Live interpolated HDGE call and put midpoint premiums by absolute delta.AdvisorShares Active Bear ETF$0.17$0.93$1.69$2.45$3.21$12.42$13.32$14.22$15.11$16.0120Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive HDGE spot · $14.25HDGE PRICE$0.25$0.26$0.28$0.30$0.32$0.34$0.36$0.38$0.40$0.42$0.78$1.22$1.67$0.25$0.25$0.25$0.25$0.42$0.74$1.06$1.38$1.70$2.02$2.34$2.67$2.99
PutsExpensive1.62×
CallsExpensive1.94×
SkewBearish+3.06 pp
Implied moveBearish±$1.42
TiltBearish40.1% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ16.76108.0%19.3%12.6894.6%12.8%
25Δ15.9086.0%13.4%13.2074.2%9.1%
30Δ15.6779.2%11.9%13.5260.9%6.9%
35Δ15.4472.5%10.4%13.8447.5%4.6%
40Δ15.2165.7%9.0%14.1943.7%3.4%
45Δ14.9858.9%7.5%14.5548.8%3.1%
50Δ14.7452.1%6.0%14.9153.9%2.8%
55Δ14.5145.4%4.5%15.2758.9%2.5%
60Δ14.2838.6%3.0%15.6464.0%2.2%
65Δ14.0531.8%1.5%16.0069.0%1.9%
70Δ13.6442.7%1.2%16.3674.1%1.6%
75Δ13.1958.4%1.2%16.7279.2%1.4%
80Δ12.7474.0%1.1%17.0884.2%1.1%

20Δ

Calls
Pseudo strike
16.76
IV
108.0%
B/E move
19.3%
Puts
Pseudo strike
12.68
IV
94.6%
B/E move
12.8%

25Δ

Calls
Pseudo strike
15.90
IV
86.0%
B/E move
13.4%
Puts
Pseudo strike
13.20
IV
74.2%
B/E move
9.1%

30Δ

Calls
Pseudo strike
15.67
IV
79.2%
B/E move
11.9%
Puts
Pseudo strike
13.52
IV
60.9%
B/E move
6.9%

35Δ

Calls
Pseudo strike
15.44
IV
72.5%
B/E move
10.4%
Puts
Pseudo strike
13.84
IV
47.5%
B/E move
4.6%

40Δ

Calls
Pseudo strike
15.21
IV
65.7%
B/E move
9.0%
Puts
Pseudo strike
14.19
IV
43.7%
B/E move
3.4%

45Δ

Calls
Pseudo strike
14.98
IV
58.9%
B/E move
7.5%
Puts
Pseudo strike
14.55
IV
48.8%
B/E move
3.1%

50Δ

Calls
Pseudo strike
14.74
IV
52.1%
B/E move
6.0%
Puts
Pseudo strike
14.91
IV
53.9%
B/E move
2.8%

55Δ

Calls
Pseudo strike
14.51
IV
45.4%
B/E move
4.5%
Puts
Pseudo strike
15.27
IV
58.9%
B/E move
2.5%

60Δ

Calls
Pseudo strike
14.28
IV
38.6%
B/E move
3.0%
Puts
Pseudo strike
15.64
IV
64.0%
B/E move
2.2%

65Δ

Calls
Pseudo strike
14.05
IV
31.8%
B/E move
1.5%
Puts
Pseudo strike
16.00
IV
69.0%
B/E move
1.9%

70Δ

Calls
Pseudo strike
13.64
IV
42.7%
B/E move
1.2%
Puts
Pseudo strike
16.36
IV
74.1%
B/E move
1.6%

75Δ

Calls
Pseudo strike
13.19
IV
58.4%
B/E move
1.2%
Puts
Pseudo strike
16.72
IV
79.2%
B/E move
1.4%

80Δ

Calls
Pseudo strike
12.74
IV
74.0%
B/E move
1.1%
Puts
Pseudo strike
17.08
IV
84.2%
B/E move
1.1%

Options history

IV · four-Friday blend28.57%
Daily close
HDGE23.9%36.6%49.3%2026-08-14: 30.61%2026-08-20: 47.52%2026-08-21: 28.34%2026-08-24: 28.47%2026-08-25: 26.27%2026-08-26: 26.85%2026-08-27: 28.31%2026-08-28: 26.61%2026-08-31: 29.71%2026-09-03: 28.41%2026-09-17: 43.49%2026-09-18: 25.67%2026-09-21: 26.31%2026-09-22: 27.01%2026-09-25: 27.51%2026-10-02: 28.43%2026-10-06: 32.53%2026-10-16: 28.56%2026-10-19: 28.67%2026-10-20: 28.53%2026-10-21: 28.32%2026-10-22: 28.33%2026-10-23: 28.84%2026-10-26: 29.48%2026-10-27: 28.73%2026-10-28: 30.26%2026-10-29: 28.57%Aug 14Sep 22Oct 29
27 observations2026-08-14 — 2026-10-29
Table
DateIV (%)
30.61%
47.52%
28.34%
28.47%
26.27%
26.85%
28.31%
26.61%
29.71%
28.41%
43.49%
25.67%
26.31%
27.01%
27.51%
28.43%
32.53%
28.56%
28.67%
28.53%
28.32%
28.33%
28.84%
29.48%
28.73%
30.26%
28.57%