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Listed Funds Trust Spear Alpha ETF SPRX

i

Market dataready · fetched 2026-11-11T18:53:25.925Z

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 · 2026-11-11T18:51:06.934943677Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-11T18:53:25.488549+00:00

Share price$36.30
1D+2.4%
$34.51$35.05$35.60$36.14$36.685:30 AM6:30 AM9:00 AM1:00 PMSPRX
Sold putSold call

Listed Funds Trust Spear Alpha ETF options

Live interpolated SPRX call and put midpoint premiums by absolute delta.Listed Funds Trust Spear Alpha ETF$0.48$1.39$2.31$3.23$4.15$25.97$31.22$36.46$41.71$46.9620Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive SPRX spot · $36.30SPRX PRICE$0.57$0.64$0.70$0.79$0.91$1.09$1.43$1.77$2.01$2.25$2.84$3.30$3.59$0.71$0.83$1.01$1.27$1.39$1.48$1.76$2.06$2.45$2.86$3.32$3.62$3.89
PutsCheap0.64×
CallsCheap0.47×
SkewBearish+6.77 pp
Implied moveBearish±$3.19
TiltBearish9.8% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ42.2099.5%17.9%32.12102.6%13.5%
25Δ40.2682.3%12.7%33.3290.6%10.5%
30Δ38.7168.5%8.6%34.1586.1%8.7%
35Δ37.9262.0%6.7%34.7986.9%7.6%
40Δ37.3959.1%5.5%35.4380.3%6.2%
45Δ36.8958.7%4.6%36.0571.2%4.7%
50Δ36.4665.1%4.4%36.5671.4%4.1%
55Δ36.0471.5%4.2%37.0971.8%3.5%
60Δ35.5570.3%3.5%37.6673.0%3.0%
65Δ35.0668.4%2.8%38.2673.9%2.5%
70Δ34.3575.4%2.5%38.8974.3%2.0%
75Δ33.7476.9%2.0%39.3770.3%1.5%
80Δ33.2472.2%1.5%39.8165.3%1.0%

20Δ

Calls
Pseudo strike
42.20
IV
99.5%
B/E move
17.9%
Puts
Pseudo strike
32.12
IV
102.6%
B/E move
13.5%

25Δ

Calls
Pseudo strike
40.26
IV
82.3%
B/E move
12.7%
Puts
Pseudo strike
33.32
IV
90.6%
B/E move
10.5%

30Δ

Calls
Pseudo strike
38.71
IV
68.5%
B/E move
8.6%
Puts
Pseudo strike
34.15
IV
86.1%
B/E move
8.7%

35Δ

Calls
Pseudo strike
37.92
IV
62.0%
B/E move
6.7%
Puts
Pseudo strike
34.79
IV
86.9%
B/E move
7.6%

40Δ

Calls
Pseudo strike
37.39
IV
59.1%
B/E move
5.5%
Puts
Pseudo strike
35.43
IV
80.3%
B/E move
6.2%

45Δ

Calls
Pseudo strike
36.89
IV
58.7%
B/E move
4.6%
Puts
Pseudo strike
36.05
IV
71.2%
B/E move
4.7%

50Δ

Calls
Pseudo strike
36.46
IV
65.1%
B/E move
4.4%
Puts
Pseudo strike
36.56
IV
71.4%
B/E move
4.1%

55Δ

Calls
Pseudo strike
36.04
IV
71.5%
B/E move
4.2%
Puts
Pseudo strike
37.09
IV
71.8%
B/E move
3.5%

60Δ

Calls
Pseudo strike
35.55
IV
70.3%
B/E move
3.5%
Puts
Pseudo strike
37.66
IV
73.0%
B/E move
3.0%

65Δ

Calls
Pseudo strike
35.06
IV
68.4%
B/E move
2.8%
Puts
Pseudo strike
38.26
IV
73.9%
B/E move
2.5%

70Δ

Calls
Pseudo strike
34.35
IV
75.4%
B/E move
2.5%
Puts
Pseudo strike
38.89
IV
74.3%
B/E move
2.0%

75Δ

Calls
Pseudo strike
33.74
IV
76.9%
B/E move
2.0%
Puts
Pseudo strike
39.37
IV
70.3%
B/E move
1.5%

80Δ

Calls
Pseudo strike
33.24
IV
72.2%
B/E move
1.5%
Puts
Pseudo strike
39.81
IV
65.3%
B/E move
1.0%

Options history

IV · four-Friday blend63.48%
Daily EOD
SPRX49.7%69.7%89.8%2026-10-19: 55.50%2026-10-20: 52.47%2026-10-21: 78.29%2026-10-22: 57.38%2026-10-23: 59.54%2026-10-26: 86.99%2026-10-27: 53.56%2026-10-28: 61.78%2026-10-29: 80.47%2026-10-30: 63.48%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
55.50%
52.47%
78.29%
57.38%
59.54%
86.99%
53.56%
61.78%
80.47%
63.48%