Breakwave Tanker Shipping ETF (BWET) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
Breakwave Tanker Shipping ETF (BWET) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $22.4M, listed on AMEX, carrying a beta of 0.38 to the broader market. The Breakwave Tanker Shipping ETF (BWET) is an exchange-traded fund (ETF) designed to reflect the daily price movements of indices that track the future cost of transporting crude oil. public since 2023-05-03.
Snapshot as of May 15, 2026.
- Spot Price
- $181.53
- Total OI
- 3.6K
- Total Volume
- 63
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 146.2%
- Avg Bid/Ask Spread
- 12.33%
As of May 15, 2026, Breakwave Tanker Shipping ETF (BWET) has 3.6K open contracts and 63 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 146.2%. Average bid/ask spread across the chain is 12.33%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How BWET options chain Data Feeds Strategy Selection
Strategy selection on Breakwave Tanker Shipping ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 146.2% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the options chain 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 the options chain is reported and how to read the data →
Frequently asked BWET options chain questions
- What does the BWET options chain show right now?
- As of May 15, 2026, Breakwave Tanker Shipping ETF (BWET) has 3.6K contracts outstanding and 63 traded today, with ATM IV of 146.2%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for BWET options?
- The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are BWET options bid/ask spreads?
- Average bid/ask spread across the chain is 12.33%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.