DRSK - Aptus Defined Risk ETF
An actively-managed strategy that seeks income and growth through a hybrid fixed income and equity approach. The strategy invests 90-95% of its assets to obtain exposure to investment-grade corporate bonds, with the remainder seeking gains in long-term in-the-money call options on selective large cap stocks and sectors.
As of May 15, 2026: spot at $29.18, ATM IV 28.9%, net GEX $0.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $1.48B
- Beta
- 1.24
- 52-Week Range
- 27.1-30.15
- Dividend Yield
- $1.06
- IPO Date
- Aug 9, 2018
- Exchange
- CBOE
What DRSK Looks Like to Options Traders Today
IV rank of 18.3% 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 (0.024) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The DRSK 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 DRSK overview questions
- What is DRSK?
- DRSK is the ticker symbol for Aptus Defined Risk ETF, an listed exchange-traded fund. An actively-managed strategy that seeks income and growth through a hybrid fixed income and equity approach. The strategy invests 90-95% of its assets to obtain exposure to investment-grade corporate bonds, with the remainder seeking gains in long-term in-the-money call options on selective large cap stocks and sectors. Listed on CBOE. DRSK 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 DRSK options snapshot look like today?
- As of May 15, 2026, the DRSK options snapshot shows spot at $29.18, ATM IV 28.9%, IV rank 18.3%, net GEX $0, expected move 8.29%. 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 DRSK's key statistics?
- Aptus Defined Risk ETF (DRSK) carries a market capitalization of $1.48B, 52-week range of 27.1-30.15. 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 DRSK belong to?
- Aptus Defined Risk 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 DRSK'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 DRSK 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.