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Miami International Holdings, Inc. MIAX

FINANCIAL SERVICES · CAPITAL MARKETS
i

Market dataready · fetched 2026-10-30T21:18:57.452Z

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 · 2026-10-30T20:10:00.001565224Z

FundamentalsAlpha Vantage · ready · quarter 2026-06-30 · fetched 2026-10-30T21:18:57.591368+00:00

Research2026-08-31 · 3 entries · 39 trades · 1 option records · 262 price bars

Share price$33.63
1D+3.5%
AH$32.38$32.78$33.18$33.58$33.985:30 AM6:30 AM9:00 AM1:00 PM2:00 PMMIAX
Sold putSold callAH

Miami International Holdings, Inc. options

Live interpolated MIAX call and put midpoint premiums by absolute delta.Miami International Holdings, Inc.$0.39$2.21$4.03$5.85$7.67$27.58$30.89$34.19$37.50$40.8020Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive MIAX spot · $33.63MIAX PRICE$0.98$1.01$1.04$1.07$1.10$1.47$1.86$2.25$2.63$3.02$3.41$3.79$4.18$0.58$0.81$1.04$1.27$1.50$1.73$1.96$2.18$2.46$3.62$4.77$5.93$7.14
PutsExpensive1.50×
CallsExpensive1.43×
SkewBullish-13.94 pp
Implied moveBearish±$3.81
TiltBearish11.5% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ51.53148.6%56.1%30.1659.1%12.1%
25Δ47.44124.4%44.1%30.7758.1%10.9%
30Δ43.35100.2%32.0%31.3857.1%9.8%
35Δ39.2676.0%19.9%31.9956.1%8.7%
40Δ35.1651.8%7.8%32.6055.1%7.5%
45Δ34.4152.0%6.7%33.2154.1%6.4%
50Δ33.8053.2%6.0%33.8253.1%5.3%
55Δ33.1854.4%5.3%34.4252.1%4.1%
60Δ32.5755.6%4.7%35.0751.5%3.0%
65Δ31.9556.8%4.0%36.3458.3%2.7%
70Δ31.3458.0%3.3%37.6165.2%2.4%
75Δ30.7259.2%2.6%38.8872.0%2.0%
80Δ30.1160.4%2.0%40.2178.0%1.7%

20Δ

Calls
Pseudo strike
51.53
IV
148.6%
B/E move
56.1%
Puts
Pseudo strike
30.16
IV
59.1%
B/E move
12.1%

25Δ

Calls
Pseudo strike
47.44
IV
124.4%
B/E move
44.1%
Puts
Pseudo strike
30.77
IV
58.1%
B/E move
10.9%

30Δ

Calls
Pseudo strike
43.35
IV
100.2%
B/E move
32.0%
Puts
Pseudo strike
31.38
IV
57.1%
B/E move
9.8%

35Δ

Calls
Pseudo strike
39.26
IV
76.0%
B/E move
19.9%
Puts
Pseudo strike
31.99
IV
56.1%
B/E move
8.7%

40Δ

Calls
Pseudo strike
35.16
IV
51.8%
B/E move
7.8%
Puts
Pseudo strike
32.60
IV
55.1%
B/E move
7.5%

45Δ

Calls
Pseudo strike
34.41
IV
52.0%
B/E move
6.7%
Puts
Pseudo strike
33.21
IV
54.1%
B/E move
6.4%

50Δ

Calls
Pseudo strike
33.80
IV
53.2%
B/E move
6.0%
Puts
Pseudo strike
33.82
IV
53.1%
B/E move
5.3%

55Δ

Calls
Pseudo strike
33.18
IV
54.4%
B/E move
5.3%
Puts
Pseudo strike
34.42
IV
52.1%
B/E move
4.1%

60Δ

Calls
Pseudo strike
32.57
IV
55.6%
B/E move
4.7%
Puts
Pseudo strike
35.07
IV
51.5%
B/E move
3.0%

65Δ

Calls
Pseudo strike
31.95
IV
56.8%
B/E move
4.0%
Puts
Pseudo strike
36.34
IV
58.3%
B/E move
2.7%

70Δ

Calls
Pseudo strike
31.34
IV
58.0%
B/E move
3.3%
Puts
Pseudo strike
37.61
IV
65.2%
B/E move
2.4%

75Δ

Calls
Pseudo strike
30.72
IV
59.2%
B/E move
2.6%
Puts
Pseudo strike
38.88
IV
72.0%
B/E move
2.0%

80Δ

Calls
Pseudo strike
30.11
IV
60.4%
B/E move
2.0%
Puts
Pseudo strike
40.21
IV
78.0%
B/E move
1.7%

Options history

MIAX43.8760.5877.292026-08-03: 52.09%2026-08-04: 50.82%2026-08-05: 54.56%2026-08-06: 51.71%2026-08-07: 50.59%2026-08-10: 49.53%2026-08-11: 50.87%2026-08-12: 49.72%2026-08-19: 74.99%2026-08-21: 49.14%2026-08-24: 46.17%2026-08-25: 46.20%2026-08-26: 47.88%2026-08-27: 46.95%2026-09-01: 47.79%2026-09-02: 46.99%2026-09-03: 49.63%2026-09-04: 48.35%2026-09-18: 50.45%2026-09-21: 49.83%2026-09-22: 50.39%2026-09-23: 51.40%2026-09-24: 51.39%2026-09-25: 51.37%2026-09-28: 50.35%2026-09-29: 54.62%2026-09-30: 52.47%2026-10-01: 51.05%2026-10-05: 54.81%2026-10-08: 56.71%2026-10-12: 55.82%2026-10-16: 51.16%2026-10-19: 51.63%2026-10-20: 51.94%2026-10-21: 52.56%2026-10-22: 51.46%2026-10-23: 50.43%Aug 3Oct 23
Table
DateIV
52.09%
50.82%
54.56%
51.71%
50.59%
49.53%
50.87%
49.72%
74.99%
49.14%
46.17%
46.20%
47.88%
46.95%
47.79%
46.99%
49.63%
48.35%
50.45%
49.83%
50.39%
51.40%
51.39%
51.37%
50.35%
54.62%
52.47%
51.05%
54.81%
56.71%
55.82%
51.16%
51.63%
51.94%
52.56%
51.46%
50.43%

Company coverage

Moat

Strong

MIAX operates nine specialized exchanges (options, futures, equities) with strong structural moats rooted in regulatory licensing, order flow accumulation, and network effects. Users prefer the exchange with the most liquidity, and more volume attra…

Physical assets

Strong

MIAX owns the newly launched 38,400 sq ft MIAX Sapphire trading floor in Miami's Wynwood district — one of only two open outcry trading floors launched in five decades, with a Bloomberg TV broadcast studio. Exchange operating centers and data center…

Software / hardware

Software70%
Hardware30%

Growth. Nine-exchange platform captures derivatives volume explosion (+41% YoY) while MIAX Sapphire trading floor and data licensing create new high-margin revenue streams. Primary assets. 9 regulated exchanges (options, futures, equities), MIAX Sap…

Latest entries
  1. manual · sw-hw

    Growth. Nine-exchange platform captures derivatives volume explosion (+41% YoY) while MIAX Sapphire trading floor and data licensing create new high-margin revenue streams. Primary assets. 9 regulated exchanges (options, futures,…

  2. manual · physical-assets

    MIAX owns the newly launched 38,400 sq ft MIAX Sapphire trading floor in Miami's Wynwood district — one of only two open outcry trading floors launched in five decades, with a Bloomberg TV broadcast studio. Exchange operating cen…

  3. manual · moat

    MIAX operates nine specialized exchanges (options, futures, equities) with strong structural moats rooted in regulatory licensing, order flow accumulation, and network effects. Users prefer the exchange with the most liquidity, a…

Recent records
Action Type Relative size
SELL Equity +43%
SELL Equity +100%
BUY Equity +2%
BUY Equity +2%
BUY CALL option +24%
BUY Equity +4%
BUY Equity +2%
EXPIRED Equity 0%
BUY Equity +21%
BUY Equity +12%
BUY Equity +21%
BUY Equity +10%
BUY Equity +7%
BUY Equity +8%
BUY Equity +21%
BUY Equity +8%
BUY Equity +8%
BUY Equity +6%
BUY Equity +1%
BUY Equity +1%
BUY Equity +2%
BUY Equity +4%
BUY Equity +0%
BUY Equity +0%

Notes

Full portfolio moat / asset analysis

MIAX operates nine specialized exchanges (options, futures, equities) with strong structural moats rooted in regulatory licensing, order flow accumulation, and network effects. Users prefer the exchange with the most liquidity, and more volume attracts more participants — a self-reinforcing cycle. Regulatory barriers to entry are extremely high (SEC/NFA app…

Full portfolio moat / asset analysis

MIAX owns the newly launched 38,400 sq ft MIAX Sapphire trading floor in Miami's Wynwood district — one of only two open outcry trading floors launched in five decades, with a Bloomberg TV broadcast studio. Exchange operating centers and data centers are critical, defensible assets.