VanEck Video Gaming and eSports ETF (ESPO) IV/HV History
Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.
VanEck Video Gaming and eSports ETF (ESPO) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $254.7M, listed on NASDAQ, carrying a beta of 0.95 to the broader market. VanEck Video Gaming and eSports ETF (ESPO) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Video Gaming and eSports Index (MVESPOTR), which is intended to track the overall performance of companies involved in video game development, esports, and related hardware and software. public since 2018-10-17.
Snapshot as of May 15, 2026.
- Spot Price
- $89.51
- ATM IV
- 460.0%
- HV 20-Day
- 18.9%
- HV 60-Day
- 21.4%
- IV Rank
- 100.0%
- IV Percentile
- 100.0%
As of May 15, 2026, VanEck Video Gaming and eSports ETF (ESPO) ATM implied volatility is 460.0%. 20-day realized volatility is 18.9%, producing an IV-HV spread of +441.1 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 100.0%.
How ESPO iv/hv history Data Feeds Strategy Selection
Strategy selection on VanEck Video Gaming and eSports ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 460.0% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the iv/hv history 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 implied vs realized volatility is reported and how to read the data →
Frequently asked ESPO iv/hv history questions
- Is ESPO options pricing rich or cheap right now?
- As of May 15, 2026, VanEck Video Gaming and eSports ETF (ESPO) ATM IV is 460.0% against 20-day realized volatility of 18.9%. IV rank is 100.0%. ESPO options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 441.1 vol points.
- What is the ESPO variance risk premium?
- The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. ESPO is currently priced consistently with this premium, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does ESPO IV rank mean for strategy selection?
- IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. ESPO's current rank of 100.0% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.