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TCW Transform Systems ETF PWRD

i

Market datapartial · fetched 2026-11-13T01:28:01.941Z

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 · 2026-11-12T22:03:03.98946686Z

FundamentalsAlpha Vantage · unavailable

Share price$98.65
1D+1.5%
AH$96.16$96.87$97.58$98.29$99.005:30 AM6:30 AM9:00 AM1:00 PM2:00 PMPWRD
Sold putSold callAH

TCW Transform Systems ETF options

Live interpolated PWRD call and put midpoint premiums by absolute delta.TCW Transform Systems ETF$0.74$2.90$5.06$7.22$9.38$87.06$92.20$97.35$102.49$107.6320Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive PWRD spot · $98.65PWRD PRICE$0.97$1.08$1.20$1.34$1.50$1.66$1.84$2.01$2.25$2.56$2.88$3.22$3.64$1.16$1.33$1.51$1.71$1.95$2.27$2.65$3.13$3.71$4.42$5.21$6.59$8.76
PutsExpensive1.12×
CallsCheap0.76×
SkewBearish+13.52 pp
Implied moveBearish±$4.49
TiltBearish25.9% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ107.2063.2%9.7%91.1868.8%8.8%
25Δ104.3052.4%6.8%93.4659.4%6.6%
30Δ102.4845.3%5.1%95.1052.9%5.1%
35Δ101.2540.9%4.0%96.3148.5%4.1%
40Δ100.3037.6%3.2%97.2945.5%3.4%
45Δ99.5435.1%2.6%98.1443.9%2.8%
50Δ98.8732.9%2.1%98.9443.6%2.4%
55Δ98.3030.6%1.7%99.7744.1%2.0%
60Δ97.7529.3%1.4%100.6544.9%1.7%
65Δ97.2029.0%1.1%101.6246.2%1.5%
70Δ96.6728.3%0.9%102.6847.2%1.2%
75Δ96.1427.5%0.7%104.2551.4%1.0%
80Δ95.5426.8%0.5%106.5958.3%0.8%

20Δ

Calls
Pseudo strike
107.20
IV
63.2%
B/E move
9.7%
Puts
Pseudo strike
91.18
IV
68.8%
B/E move
8.8%

25Δ

Calls
Pseudo strike
104.30
IV
52.4%
B/E move
6.8%
Puts
Pseudo strike
93.46
IV
59.4%
B/E move
6.6%

30Δ

Calls
Pseudo strike
102.48
IV
45.3%
B/E move
5.1%
Puts
Pseudo strike
95.10
IV
52.9%
B/E move
5.1%

35Δ

Calls
Pseudo strike
101.25
IV
40.9%
B/E move
4.0%
Puts
Pseudo strike
96.31
IV
48.5%
B/E move
4.1%

40Δ

Calls
Pseudo strike
100.30
IV
37.6%
B/E move
3.2%
Puts
Pseudo strike
97.29
IV
45.5%
B/E move
3.4%

45Δ

Calls
Pseudo strike
99.54
IV
35.1%
B/E move
2.6%
Puts
Pseudo strike
98.14
IV
43.9%
B/E move
2.8%

50Δ

Calls
Pseudo strike
98.87
IV
32.9%
B/E move
2.1%
Puts
Pseudo strike
98.94
IV
43.6%
B/E move
2.4%

55Δ

Calls
Pseudo strike
98.30
IV
30.6%
B/E move
1.7%
Puts
Pseudo strike
99.77
IV
44.1%
B/E move
2.0%

60Δ

Calls
Pseudo strike
97.75
IV
29.3%
B/E move
1.4%
Puts
Pseudo strike
100.65
IV
44.9%
B/E move
1.7%

65Δ

Calls
Pseudo strike
97.20
IV
29.0%
B/E move
1.1%
Puts
Pseudo strike
101.62
IV
46.2%
B/E move
1.5%

70Δ

Calls
Pseudo strike
96.67
IV
28.3%
B/E move
0.9%
Puts
Pseudo strike
102.68
IV
47.2%
B/E move
1.2%

75Δ

Calls
Pseudo strike
96.14
IV
27.5%
B/E move
0.7%
Puts
Pseudo strike
104.25
IV
51.4%
B/E move
1.0%

80Δ

Calls
Pseudo strike
95.54
IV
26.8%
B/E move
0.5%
Puts
Pseudo strike
106.59
IV
58.3%
B/E move
0.8%

Options history

IV · four-Friday blend34.02%
Daily EOD
PWRD24.2%29.5%34.7%2026-10-19: 32.01%2026-10-20: 25.43%2026-10-21: 32.34%2026-10-22: 30.20%2026-10-23: 28.27%2026-10-26: 27.39%2026-10-27: 27.68%2026-10-28: 25.49%2026-10-29: 24.96%2026-10-30: 34.02%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
32.01%
25.43%
32.34%
30.20%
28.27%
27.39%
27.68%
25.49%
24.96%
34.02%