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Miami International Holdings, Inc. MIAX

FINANCIAL SERVICES · CAPITAL MARKETS
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Market dataready · fetched 2026-10-16T00:18:46.727Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

PriceAlpaca · sip · 2026-10-15T23:00:00.002031257Z

FundamentalsAlpha Vantage · quarter 2026-06-30 · fetched 2026-10-16T00:18:45.700118+00:00

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

Share price$30.87
1D+3.1%
AH$29.24$29.69$30.13$30.58$31.035:30 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.$0.35$3.64$6.93$10.22$13.51$22.21$28.09$33.97$39.85$45.7320Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive MIAX spot · $30.87MIAX PRICE$0.91$0.71$0.95$1.21$1.48$1.74$2.00$2.26$2.53$0.78$1.00$1.23$1.46$1.75$2.38$3.02$3.65$4.28$4.91$6.20$8.22$12.56
PutsExpensive1.08×
CallsExpensive1.21×
SkewBearish+6.01 pp
Implied moveBearish±$5.02
TiltBearish57.7% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ48.84115.3%61.2%26.3663.3%17.1%
25Δ35.6154.6%17.6%27.3161.2%14.8%
30Δ34.3352.0%14.3%28.2659.2%12.5%
35Δ33.6352.3%12.9%29.2057.1%10.1%
40Δ32.9352.6%11.5%30.1455.8%8.0%
45Δ32.2352.9%10.0%31.0258.1%7.2%
50Δ31.5353.2%8.6%31.9060.4%6.4%
55Δ30.8353.4%7.2%32.7862.7%5.6%
60Δ30.1353.7%5.8%33.6565.0%4.8%
65Δ34.5367.3%4.1%
70Δ36.0372.2%3.4%
75Δ38.2379.9%2.8%
80Δ42.7295.9%2.3%

20Δ

Calls
Pseudo strike
48.84
IV
115.3%
B/E move
61.2%
Puts
Pseudo strike
26.36
IV
63.3%
B/E move
17.1%

25Δ

Calls
Pseudo strike
35.61
IV
54.6%
B/E move
17.6%
Puts
Pseudo strike
27.31
IV
61.2%
B/E move
14.8%

30Δ

Calls
Pseudo strike
34.33
IV
52.0%
B/E move
14.3%
Puts
Pseudo strike
28.26
IV
59.2%
B/E move
12.5%

35Δ

Calls
Pseudo strike
33.63
IV
52.3%
B/E move
12.9%
Puts
Pseudo strike
29.20
IV
57.1%
B/E move
10.1%

40Δ

Calls
Pseudo strike
32.93
IV
52.6%
B/E move
11.5%
Puts
Pseudo strike
30.14
IV
55.8%
B/E move
8.0%

45Δ

Calls
Pseudo strike
32.23
IV
52.9%
B/E move
10.0%
Puts
Pseudo strike
31.02
IV
58.1%
B/E move
7.2%

50Δ

Calls
Pseudo strike
31.53
IV
53.2%
B/E move
8.6%
Puts
Pseudo strike
31.90
IV
60.4%
B/E move
6.4%

55Δ

Calls
Pseudo strike
30.83
IV
53.4%
B/E move
7.2%
Puts
Pseudo strike
32.78
IV
62.7%
B/E move
5.6%

60Δ

Calls
Pseudo strike
30.13
IV
53.7%
B/E move
5.8%
Puts
Pseudo strike
33.65
IV
65.0%
B/E move
4.8%

65Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
34.53
IV
67.3%
B/E move
4.1%

70Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
36.03
IV
72.2%
B/E move
3.4%

75Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
38.23
IV
79.9%
B/E move
2.8%

80Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
42.72
IV
95.9%
B/E move
2.3%

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.