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State Street SPDR MSCI USA StrategicFactors ETF QUS

i

Market dataready · fetched 2026-11-12T02:45:30.808Z

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 · 2026-11-12T01:00:00.118602271Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-12T02:45:30.408966+00:00

Share price$199.11
1D+0.7%
AH$197.63$198.05$198.48$198.90$199.325:30 AM6:30 AM9:00 AM1:00 PM2:00 PMQUS
Sold putSold callAH

State Street SPDR MSCI USA StrategicFactors ETF options

Live interpolated QUS call and put midpoint premiums by absolute delta.State Street SPDR MSCI USA StrategicFactors ETF$0.74$2.72$4.71$6.70$8.69$191.12$195.10$199.09$203.08$207.0720Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive QUS spot · $199.11QUS PRICE$0.95$0.98$1.06$1.14$1.22$1.30$1.41$1.53$1.72$1.91$2.19$2.52$2.82$1.05$1.15$1.21$1.33$1.45$1.61$1.83$2.08$2.94$3.93$4.92$5.90$8.12
PutsExpensive1.29×
CallsCheap0.70×
SkewBearish+4.90 pp
Implied moveBearish±$3.24
TiltBearish28.7% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ207.4529.0%4.7%191.9429.7%4.1%
25Δ204.4722.6%3.2%194.4124.5%2.9%
30Δ203.2720.0%2.6%196.1420.4%2.1%
35Δ202.0717.4%2.1%197.2418.1%1.6%
40Δ200.8814.8%1.5%198.1016.3%1.2%
45Δ199.8712.6%1.0%198.7515.1%1.0%
50Δ199.4011.7%0.9%199.3414.4%0.8%
55Δ198.9410.8%0.7%199.9014.1%0.6%
60Δ198.5410.3%0.6%200.9215.6%0.6%
65Δ198.149.9%0.5%202.0417.5%0.5%
70Δ197.709.8%0.4%203.1519.3%0.4%
75Δ197.249.8%0.3%204.2721.2%0.4%
80Δ196.829.5%0.3%206.5725.7%0.3%

20Δ

Calls
Pseudo strike
207.45
IV
29.0%
B/E move
4.7%
Puts
Pseudo strike
191.94
IV
29.7%
B/E move
4.1%

25Δ

Calls
Pseudo strike
204.47
IV
22.6%
B/E move
3.2%
Puts
Pseudo strike
194.41
IV
24.5%
B/E move
2.9%

30Δ

Calls
Pseudo strike
203.27
IV
20.0%
B/E move
2.6%
Puts
Pseudo strike
196.14
IV
20.4%
B/E move
2.1%

35Δ

Calls
Pseudo strike
202.07
IV
17.4%
B/E move
2.1%
Puts
Pseudo strike
197.24
IV
18.1%
B/E move
1.6%

40Δ

Calls
Pseudo strike
200.88
IV
14.8%
B/E move
1.5%
Puts
Pseudo strike
198.10
IV
16.3%
B/E move
1.2%

45Δ

Calls
Pseudo strike
199.87
IV
12.6%
B/E move
1.0%
Puts
Pseudo strike
198.75
IV
15.1%
B/E move
1.0%

50Δ

Calls
Pseudo strike
199.40
IV
11.7%
B/E move
0.9%
Puts
Pseudo strike
199.34
IV
14.4%
B/E move
0.8%

55Δ

Calls
Pseudo strike
198.94
IV
10.8%
B/E move
0.7%
Puts
Pseudo strike
199.90
IV
14.1%
B/E move
0.6%

60Δ

Calls
Pseudo strike
198.54
IV
10.3%
B/E move
0.6%
Puts
Pseudo strike
200.92
IV
15.6%
B/E move
0.6%

65Δ

Calls
Pseudo strike
198.14
IV
9.9%
B/E move
0.5%
Puts
Pseudo strike
202.04
IV
17.5%
B/E move
0.5%

70Δ

Calls
Pseudo strike
197.70
IV
9.8%
B/E move
0.4%
Puts
Pseudo strike
203.15
IV
19.3%
B/E move
0.4%

75Δ

Calls
Pseudo strike
197.24
IV
9.8%
B/E move
0.3%
Puts
Pseudo strike
204.27
IV
21.2%
B/E move
0.4%

80Δ

Calls
Pseudo strike
196.82
IV
9.5%
B/E move
0.3%
Puts
Pseudo strike
206.57
IV
25.7%
B/E move
0.3%

Options history

IV · four-Friday blend12.84%
Daily EOD
QUS9.5%11.4%13.4%2026-10-19: 11.87%2026-10-20: 11.89%2026-10-21: 9.74%2026-10-22: 12.66%2026-10-23: 13.12%2026-10-26: 12.10%2026-10-27: 12.53%2026-10-28: 12.24%2026-10-29: 11.18%2026-10-30: 12.84%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
11.87%
11.89%
9.74%
12.66%
13.12%
12.10%
12.53%
12.24%
11.18%
12.84%