What does the FV options chain show right now?

As of May 14, 2026, First Trust Dorsey Wright Focus 5 ETF (FV) has 37 contracts outstanding and 0 traded today, with ATM IV of 17.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.

What expirations are available for FV options?

The nearest expiration is 35 days out, followed by 64 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.

How tight are FV options bid/ask spreads?

Average bid/ask spread across the chain is 86.72%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.

First Trust Dorsey Wright Focus 5 ETF (FV) 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.

First Trust Dorsey Wright Focus 5 ETF (FV) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $3.55B, listed on NASDAQ, carrying a beta of 1.28 to the broader market. This exchange-traded fund seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dorsey Wright Focus Five Index. public since 2014-03-06.

Snapshot as of May 14, 2026.

Spot Price: $70.38
Total OI: 37
Total Volume: 0
Front Expiration: 35 days
Second Expiration: 64 days
ATM IV: 17.4%
Avg Bid/Ask Spread: 86.72%

As of May 14, 2026, First Trust Dorsey Wright Focus 5 ETF (FV) has 37 open contracts and 0 contracts traded. The nearest expiration is 35 days out, followed by 64 days. ATM implied volatility is 17.4%. Average bid/ask spread across the chain is 86.72%: 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 FV options chain Data Feeds Strategy Selection

Strategy selection on First Trust Dorsey Wright Focus 5 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 17.4% 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 FV options chain questions

What does the FV options chain show right now?: As of May 14, 2026, First Trust Dorsey Wright Focus 5 ETF (FV) has 37 contracts outstanding and 0 traded today, with ATM IV of 17.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for FV options?: The nearest expiration is 35 days out, followed by 64 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are FV options bid/ask spreads?: Average bid/ask spread across the chain is 86.72%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.