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Defiance Daily Target 2X Short MU ETF MUZ

i

Market dataready · fetched 2026-11-12T02:52:07.446Z

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 · 2026-11-12T01:00:00.048210739Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-12T02:52:06.691244+00:00

Share price$8.86
1D-11.6%
AH$8.22$8.76$9.30$9.84$10.385:30 AM6:30 AM9:00 AM1:00 PM2:00 PMMUZ
Sold putSold callAH

Defiance Daily Target 2X Short MU ETF options

Live interpolated MUZ call and put midpoint premiums by absolute delta.Defiance Daily Target 2X Short MU ETF$0.15$0.95$1.75$2.56$3.36$4.74$7.50$10.25$13.01$15.7720Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive MUZ spot · $8.86MUZ PRICE$0.23$0.29$0.34$0.42$0.52$0.62$0.73$0.85$0.98$1.11$1.24$1.36$1.47$0.30$0.40$0.50$0.65$0.80$0.94$1.11$1.30$1.49$1.74$2.11$2.51$3.13
PutsCheap0.74×
CallsCheap0.76×
SkewBearish+19.09 pp
Implied moveBearish±$1.84
TiltBearish25.2% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ11.55172.5%33.0%7.49148.4%18.8%
25Δ10.85160.1%25.7%7.75156.6%17.1%
30Δ10.32147.0%20.3%8.01164.6%15.3%
35Δ9.90140.3%16.4%8.30165.4%13.7%
40Δ9.64143.3%14.6%8.59166.2%12.0%
45Δ9.38146.2%12.9%8.88167.0%10.4%
50Δ9.12149.1%11.1%9.18166.4%8.9%
55Δ8.86149.6%9.5%9.49165.0%7.6%
60Δ8.60148.3%8.0%9.79163.5%6.4%
65Δ8.34146.9%6.6%10.14164.2%5.2%
70Δ8.07145.6%5.1%10.59169.7%4.3%
75Δ7.87135.9%4.1%11.06175.5%3.4%
80Δ7.68122.8%3.2%11.76183.1%2.6%

20Δ

Calls
Pseudo strike
11.55
IV
172.5%
B/E move
33.0%
Puts
Pseudo strike
7.49
IV
148.4%
B/E move
18.8%

25Δ

Calls
Pseudo strike
10.85
IV
160.1%
B/E move
25.7%
Puts
Pseudo strike
7.75
IV
156.6%
B/E move
17.1%

30Δ

Calls
Pseudo strike
10.32
IV
147.0%
B/E move
20.3%
Puts
Pseudo strike
8.01
IV
164.6%
B/E move
15.3%

35Δ

Calls
Pseudo strike
9.90
IV
140.3%
B/E move
16.4%
Puts
Pseudo strike
8.30
IV
165.4%
B/E move
13.7%

40Δ

Calls
Pseudo strike
9.64
IV
143.3%
B/E move
14.6%
Puts
Pseudo strike
8.59
IV
166.2%
B/E move
12.0%

45Δ

Calls
Pseudo strike
9.38
IV
146.2%
B/E move
12.9%
Puts
Pseudo strike
8.88
IV
167.0%
B/E move
10.4%

50Δ

Calls
Pseudo strike
9.12
IV
149.1%
B/E move
11.1%
Puts
Pseudo strike
9.18
IV
166.4%
B/E move
8.9%

55Δ

Calls
Pseudo strike
8.86
IV
149.6%
B/E move
9.5%
Puts
Pseudo strike
9.49
IV
165.0%
B/E move
7.6%

60Δ

Calls
Pseudo strike
8.60
IV
148.3%
B/E move
8.0%
Puts
Pseudo strike
9.79
IV
163.5%
B/E move
6.4%

65Δ

Calls
Pseudo strike
8.34
IV
146.9%
B/E move
6.6%
Puts
Pseudo strike
10.14
IV
164.2%
B/E move
5.2%

70Δ

Calls
Pseudo strike
8.07
IV
145.6%
B/E move
5.1%
Puts
Pseudo strike
10.59
IV
169.7%
B/E move
4.3%

75Δ

Calls
Pseudo strike
7.87
IV
135.9%
B/E move
4.1%
Puts
Pseudo strike
11.06
IV
175.5%
B/E move
3.4%

80Δ

Calls
Pseudo strike
7.68
IV
122.8%
B/E move
3.2%
Puts
Pseudo strike
11.76
IV
183.1%
B/E move
2.6%

Options history

IV · four-Friday blend133.38%
Daily EOD
MUZ112.6%123.7%134.9%2026-10-19: 119.18%2026-10-20: 114.10%2026-10-21: 116.30%2026-10-22: 123.75%2026-10-23: 123.05%2026-10-26: 121.81%2026-10-27: 118.67%2026-10-28: 119.15%2026-10-29: 128.64%2026-10-30: 133.38%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
119.18%
114.10%
116.30%
123.75%
123.05%
121.81%
118.67%
119.15%
128.64%
133.38%