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VanEck Merk Gold ETF OUNZ

i

Market dataready · fetched 2026-11-13T01:40:53.501Z

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 · 2026-11-13T01:00:00.113490799Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-13T01:40:53.152721+00:00

Share price$37.21
1D-0.4%
AH$36.96$37.14$37.32$37.50$37.685:30 AM6:30 AM9:00 AM1:00 PM2:00 PMOUNZ
Sold putSold callAH

VanEck Merk Gold ETF options

Live interpolated OUNZ call and put midpoint premiums by absolute delta.VanEck Merk Gold ETF$0.45$0.72$1.00$1.27$1.55$34.53$35.99$37.45$38.91$40.3820Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ20Δ C unavailable: no unambiguous, price-consistent delta bracketC —OPTION PRICELive OUNZ spot · $37.21OUNZ PRICE$0.48$0.51$0.55$0.60$0.67$0.74$0.81$0.92$1.05$1.18$1.31$1.47$0.47$0.49$0.52$0.58$0.63$0.68$0.74$0.79$0.85$0.90$0.96$1.11$1.31
PutsExpensive1.42×
Calls——
Skew——
Implied moveBalanced±$1.48
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ34.1774.6%9.5%
25Δ39.7962.3%8.2%35.2658.3%6.6%
30Δ38.8851.4%5.9%35.9748.7%4.8%
35Δ38.3445.1%4.5%36.2345.4%4.2%
40Δ37.9040.2%3.5%36.4742.3%3.7%
45Δ37.6237.6%2.9%36.7139.3%3.2%
50Δ37.3535.1%2.4%36.9536.2%2.7%
55Δ37.0832.6%1.8%37.1933.2%2.2%
60Δ36.8531.3%1.5%37.4330.1%1.7%
65Δ36.6330.6%1.3%37.6727.1%1.2%
70Δ36.4129.9%1.0%37.9124.0%0.7%
75Δ36.2029.1%0.8%38.1622.8%0.4%
80Δ35.9528.8%0.6%38.4122.6%0.3%

20Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
34.17
IV
74.6%
B/E move
9.5%

25Δ

Calls
Pseudo strike
39.79
IV
62.3%
B/E move
8.2%
Puts
Pseudo strike
35.26
IV
58.3%
B/E move
6.6%

30Δ

Calls
Pseudo strike
38.88
IV
51.4%
B/E move
5.9%
Puts
Pseudo strike
35.97
IV
48.7%
B/E move
4.8%

35Δ

Calls
Pseudo strike
38.34
IV
45.1%
B/E move
4.5%
Puts
Pseudo strike
36.23
IV
45.4%
B/E move
4.2%

40Δ

Calls
Pseudo strike
37.90
IV
40.2%
B/E move
3.5%
Puts
Pseudo strike
36.47
IV
42.3%
B/E move
3.7%

45Δ

Calls
Pseudo strike
37.62
IV
37.6%
B/E move
2.9%
Puts
Pseudo strike
36.71
IV
39.3%
B/E move
3.2%

50Δ

Calls
Pseudo strike
37.35
IV
35.1%
B/E move
2.4%
Puts
Pseudo strike
36.95
IV
36.2%
B/E move
2.7%

55Δ

Calls
Pseudo strike
37.08
IV
32.6%
B/E move
1.8%
Puts
Pseudo strike
37.19
IV
33.2%
B/E move
2.2%

60Δ

Calls
Pseudo strike
36.85
IV
31.3%
B/E move
1.5%
Puts
Pseudo strike
37.43
IV
30.1%
B/E move
1.7%

65Δ

Calls
Pseudo strike
36.63
IV
30.6%
B/E move
1.3%
Puts
Pseudo strike
37.67
IV
27.1%
B/E move
1.2%

70Δ

Calls
Pseudo strike
36.41
IV
29.9%
B/E move
1.0%
Puts
Pseudo strike
37.91
IV
24.0%
B/E move
0.7%

75Δ

Calls
Pseudo strike
36.20
IV
29.1%
B/E move
0.8%
Puts
Pseudo strike
38.16
IV
22.8%
B/E move
0.4%

80Δ

Calls
Pseudo strike
35.95
IV
28.8%
B/E move
0.6%
Puts
Pseudo strike
38.41
IV
22.6%
B/E move
0.3%

Options history

IV · four-Friday blend24.71%
Daily EOD
OUNZ17.1%50.6%84.2%2026-10-19: 32.25%2026-10-20: 21.69%2026-10-21: 23.61%2026-10-22: 22.71%2026-10-23: 23.65%2026-10-26: 79.54%2026-10-27: 51.98%2026-10-28: 62.85%2026-10-29: 25.51%2026-10-30: 24.71%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
32.25%
21.69%
23.61%
22.71%
23.65%
79.54%
51.98%
62.85%
25.51%
24.71%