Tema International Defense Innovation ETF (ARMY) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

Tema International Defense Innovation ETF (ARMY) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $2.4M, listed on NASDAQ, carrying a beta of 0.60 to the broader market. This exchange-traded fund (ETF) targets the aerospace and defense industry, specifically investing in companies whose primary operations involve defense-related activities and emphasize innovation. public since 2025-09-24.

Volatility skew analysis compares implied volatility across strikes and expirations. No recent options activity for ARMY as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how volatility skew is reported and how to read the data →