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VanEck Bitcoin ETF HODL

i

Market dataready · fetched 2026-11-12T03:16:37.951Z

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 · 2026-11-12T01:00:03.238736141Z

FundamentalsVanEck · ready · as of 2026-11-10 · fetched 2026-11-12T03:16:37.551229+00:00

Share price$21.08
1D+1.7%
AH$20.70$20.81$20.93$21.05$21.165:30 AM6:30 AM9:00 AM1:00 PM2:00 PMHODL
Sold putSold callAH

VanEck Bitcoin ETF options

Live interpolated HODL call and put midpoint premiums by absolute delta.VanEck Bitcoin ETF$0.14$0.71$1.28$1.85$2.41$18.60$19.77$20.95$22.12$23.2920Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ20Δ C unavailable: no unambiguous, price-consistent delta bracketC —55Δ C unavailable: no unambiguous, price-consistent delta bracketC —60Δ C unavailable: no unambiguous, price-consistent delta bracketC —65Δ C unavailable: no unambiguous, price-consistent delta bracketC —70Δ 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 HODL spot · $21.08HODL PRICE$0.20$0.26$0.32$0.38$0.44$0.50$0.41$0.44$0.48$0.53$0.58$0.64$0.73$0.84$0.95$1.06$1.17$1.65$2.25
PutsExpensive1.54×
Calls——
Skew——
Implied moveBearish±$1.23
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ18.63104.4%13.5%
25Δ22.1642.9%6.1%19.4086.7%10.1%
30Δ21.9041.4%5.1%20.0271.5%7.3%
35Δ21.7240.7%4.5%20.3265.8%6.1%
40Δ21.5340.0%3.9%20.6360.0%4.9%
45Δ21.3539.2%3.3%20.9454.3%3.7%
50Δ21.1638.5%2.7%21.1652.0%3.1%
55Δ21.3750.6%2.6%
60Δ21.5749.3%2.2%
65Δ21.7847.9%1.7%
70Δ21.9846.5%1.2%
75Δ22.5054.6%1.1%
80Δ23.1264.9%1.0%

20Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
18.63
IV
104.4%
B/E move
13.5%

25Δ

Calls
Pseudo strike
22.16
IV
42.9%
B/E move
6.1%
Puts
Pseudo strike
19.40
IV
86.7%
B/E move
10.1%

30Δ

Calls
Pseudo strike
21.90
IV
41.4%
B/E move
5.1%
Puts
Pseudo strike
20.02
IV
71.5%
B/E move
7.3%

35Δ

Calls
Pseudo strike
21.72
IV
40.7%
B/E move
4.5%
Puts
Pseudo strike
20.32
IV
65.8%
B/E move
6.1%

40Δ

Calls
Pseudo strike
21.53
IV
40.0%
B/E move
3.9%
Puts
Pseudo strike
20.63
IV
60.0%
B/E move
4.9%

45Δ

Calls
Pseudo strike
21.35
IV
39.2%
B/E move
3.3%
Puts
Pseudo strike
20.94
IV
54.3%
B/E move
3.7%

50Δ

Calls
Pseudo strike
21.16
IV
38.5%
B/E move
2.7%
Puts
Pseudo strike
21.16
IV
52.0%
B/E move
3.1%

55Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
21.37
IV
50.6%
B/E move
2.6%

60Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
21.57
IV
49.3%
B/E move
2.2%

65Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
21.78
IV
47.9%
B/E move
1.7%

70Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
21.98
IV
46.5%
B/E move
1.2%

75Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
22.50
IV
54.6%
B/E move
1.1%

80Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
23.12
IV
64.9%
B/E move
1.0%

Options history

IV · four-Friday blend41.55%
Daily close
HODL36.1%47.8%59.5%2026-08-13: 38.10%2026-08-14: 38.59%2026-08-17: 42.14%2026-08-21: 43.89%2026-08-24: 46.06%2026-08-25: 43.95%2026-08-26: 45.09%2026-08-27: 44.73%2026-08-28: 39.94%2026-08-31: 40.07%2026-09-01: 42.45%2026-09-02: 41.52%2026-09-03: 44.64%2026-09-04: 42.52%2026-09-08: 45.56%2026-09-09: 42.43%2026-09-10: 41.84%2026-09-11: 45.02%2026-09-14: 48.63%2026-09-15: 52.02%2026-09-16: 51.42%2026-09-18: 40.47%2026-09-21: 43.86%2026-09-22: 42.37%2026-09-23: 40.74%2026-09-24: 41.00%2026-09-25: 43.27%2026-09-28: 39.40%2026-09-29: 38.59%2026-09-30: 37.75%2026-10-01: 39.19%2026-10-02: 40.87%2026-10-05: 38.63%2026-10-06: 39.22%2026-10-07: 38.87%2026-10-08: 39.64%2026-10-09: 39.40%2026-10-12: 43.68%2026-10-13: 42.53%2026-10-14: 47.59%2026-10-15: 57.92%2026-10-16: 41.33%2026-10-19: 39.42%2026-10-20: 40.31%2026-10-21: 40.83%2026-10-22: 39.77%2026-10-23: 42.14%2026-10-26: 39.32%2026-10-27: 40.09%2026-10-28: 39.97%2026-10-29: 38.99%2026-10-30: 41.55%Aug 13Sep 24Oct 30
52 observations2026-08-13 — 2026-10-30
Table
DateIV (%)
38.10%
38.59%
42.14%
43.89%
46.06%
43.95%
45.09%
44.73%
39.94%
40.07%
42.45%
41.52%
44.64%
42.52%
45.56%
42.43%
41.84%
45.02%
48.63%
52.02%
51.42%
40.47%
43.86%
42.37%
40.74%
41.00%
43.27%
39.40%
38.59%
37.75%
39.19%
40.87%
38.63%
39.22%
38.87%
39.64%
39.40%
43.68%
42.53%
47.59%
57.92%
41.33%
39.42%
40.31%
40.83%
39.77%
42.14%
39.32%
40.09%
39.97%
38.99%
41.55%