BNGE - First Trust S-Network Streaming & Gaming ETF
The First Trust S-Network Streaming & Gaming ETF is designed to broadly track the performance of its benchmark, the S-Network Streaming & Gaming Index. Specifically, it aims to deliver investment returns, including both price appreciation and yield, that closely align with the Index's performance before factoring in the ETF's own fees and operational expenses. To achieve this, the Fund primarily employs an indexing strategy, typically allocating a minimum of 80% of its total assets (which may include borrowed funds) into the common stocks and depositary receipts that constitute the underlying Index.
As of Jun 30, 2026: spot at $30.80, ATM IV 42.8%, net GEX $0.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $6.6M
- Beta
- 1.00
- 52-Week Range
- 29.389-41.04
- Dividend Yield
- $0.12
- IPO Date
- Feb 4, 2022
- Exchange
- AMEX
What BNGE Looks Like to Options Traders Today
IV rank of 17.5% 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 ($0) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.022) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The BNGE 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 BNGE overview questions
- What is BNGE?
- BNGE is the ticker symbol for First Trust S-Network Streaming & Gaming ETF, an listed exchange-traded fund. The First Trust S-Network Streaming & Gaming ETF is designed to broadly track the performance of its benchmark, the S-Network Streaming & Gaming Index. Specifically, it aims to deliver investment returns, including both price appreciation and yield, that closely align with the Index's performance before factoring in the ETF's own fees and operational expenses. Listed on AMEX. BNGE 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 BNGE options snapshot look like today?
- As of Jun 30, 2026, the BNGE options snapshot shows spot at $30.80, ATM IV 42.8%, IV rank 17.5%, net GEX $0, expected move 12.27%. 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 BNGE's key statistics?
- First Trust S-Network Streaming & Gaming ETF (BNGE) carries a market capitalization of $6.6M, 52-week range of 29.389-41.04. 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 BNGE belong to?
- First Trust S-Network Streaming & Gaming 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 BNGE'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 BNGE 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.