iShares Large Cap Value Active ETF (BLCV) Options Greeks

Options Greeks measure sensitivity to various factors: Delta (price), Gamma (delta change), Theta (time decay), and Vega (volatility). They are essential for risk management and position sizing.

iShares Large Cap Value Active ETF (BLCV) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $108.4M, listed on AMEX, carrying a beta of 0.84 to the broader market. The iShares Large Cap Value Active ETF seeks to maximize total return. public since 2023-05-23.

Snapshot as of May 15, 2026.

Spot Price

$38.94

Net Gamma

$226

Net Delta

-$3.7K

Net Vega

-$18

ATM IV

32.2%

Gamma Concentration

1.00

As of May 15, 2026, iShares Large Cap Value Active ETF (BLCV) aggregate Greeks are net delta -$3.7K, net gamma $226, net vega -$18, ATM IV 32.2%. Gamma concentration is 1.00: dealer gamma is tightly clustered at a few strikes, which tends to pin price. Delta measures directional exposure, gamma measures the rate of delta change, and vega measures sensitivity to implied volatility. Net aggregate Greeks summarize the total dealer book across all strikes and expirations.

How BLCV options greeks Data Feeds Strategy Selection

Strategy selection on iShares Large Cap Value Active ETF options does not derive from any single metric in isolation. The options greeks view above sits inside a broader read: ATM IV currently sits at 32.2% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options greeks data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how options Greeks is reported and how to read the data →