COWS - Amplify Cash Flow Dividend Leaders ETF

COWS is a strategy driven ETF investing in companies with a blend of high trailing and future free cash flow yields that have a history of growing and paying dividends. The portfolio aims to provide long-term capital appreciation and monthly income distributions. COWS seeks investment results that correspond generally to the Kelly US Cash Flow Dividend Leaders Index.

As of May 15, 2026: spot at $33.88, ATM IV 28.1%, net GEX $93.

Sector
Financial Services
Industry
Asset Management
Market Cap
$25.0M
Beta
0.96
52-Week Range
27.381-35.36
Dividend Yield
$0.58
IPO Date
Sep 13, 2023
Exchange
NASDAQ

What COWS Looks Like to Options Traders Today

IV rank of 1.7% 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 ($93) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.023) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The COWS 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 COWS overview questions

What is COWS?
COWS is the ticker symbol for Amplify Cash Flow Dividend Leaders ETF, an listed exchange-traded fund. COWS is a strategy driven ETF investing in companies with a blend of high trailing and future free cash flow yields that have a history of growing and paying dividends. The portfolio aims to provide long-term capital appreciation and monthly income distributions. Listed on NASDAQ. COWS 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 COWS options snapshot look like today?
As of May 15, 2026, the COWS options snapshot shows spot at $33.88, ATM IV 28.1%, IV rank 1.7%, net GEX $93, expected move 8.06%. 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 COWS's key statistics?
Amplify Cash Flow Dividend Leaders ETF (COWS) carries a market capitalization of $25.0M, 52-week range of 27.381-35.36. 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 COWS belong to?
Amplify Cash Flow Dividend Leaders 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 COWS'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 COWS data on this page?
The options snapshot above is dated May 15, 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.