BNDD - Quadratic Deflation ETF
KraneShares Trust - Quadratic Deflation ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund is co-managed by Quadratic Capital Management LLC. It invests directly, through derivatives and through other funds in the fixed income markets of the United States.
As of Jun 30, 2026: spot at $101.51, ATM IV 6.4%, max pain $100.00, net GEX $1.8K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $6.5M
- Beta
- 1.18
- 52-Week Range
- 94.64-102.28
- Dividend Yield
- $3.55
- IPO Date
- Sep 21, 2021
- Exchange
- AMEX
What BNDD Looks Like to Options Traders Today
IV rank of 0.0% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($1.8K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.001) is roughly flat across the wings.
What This Page Covers
The BNDD overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked BNDD overview questions
- What is BNDD?
- BNDD is the ticker symbol for Quadratic Deflation ETF, an listed exchange-traded fund. KraneShares Trust - Quadratic Deflation ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund is co-managed by Quadratic Capital Management LLC. Listed on AMEX. BNDD is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the BNDD options snapshot look like today?
- As of Jun 30, 2026, the BNDD options snapshot shows spot at $101.51, ATM IV 6.4%, IV rank 0.0%, max pain $100.00, net GEX $1.8K, expected move 1.83%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are BNDD's key statistics?
- Quadratic Deflation ETF (BNDD) carries a market capitalization of $6.5M, 52-week range of 94.64-102.28. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does BNDD belong to?
- Quadratic Deflation ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare BNDD's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the BNDD data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.