REX Drone ETF (DRNZ) 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.

REX Drone ETF (DRNZ) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $1.9M, listed on NASDAQ, carrying a beta of 1.04 to the broader market. The fund offers targeted exposure to the global drone and unmanned aerial vehicle (UAV) economy, spanning both defense and commercial applications. Led by Austin Wen, public since 2025-10-24.

Snapshot as of May 15, 2026.

Spot Price
$24.42
Total OI
630
Total Volume
98
Front Expiration
34 days
Second Expiration
63 days
ATM IV
47.7%
Avg Bid/Ask Spread
74.58%

As of May 15, 2026, REX Drone ETF (DRNZ) has 630 open contracts and 98 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 47.7%. Average bid/ask spread across the chain is 74.58%: 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 DRNZ options chain Data Feeds Strategy Selection

Strategy selection on REX Drone 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 47.7% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. 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 DRNZ options chain questions

What does the DRNZ options chain show right now?
As of May 15, 2026, REX Drone ETF (DRNZ) has 630 contracts outstanding and 98 traded today, with ATM IV of 47.7%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for DRNZ 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 DRNZ options bid/ask spreads?
Average bid/ask spread across the chain is 74.58%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.