First Trust Utilities AlphaDEX Fund (FXU) 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 Utilities AlphaDEX Fund (FXU) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $1.85B, listed on AMEX, carrying a beta of 0.56 to the broader market. The First Trust Utilities AlphaDEX Fund is an exchange-traded fund. public since 2007-05-10.

Snapshot as of May 15, 2026.

Spot Price
$47.27
Total OI
20
Total Volume
11
Front Expiration
34 days
Second Expiration
63 days
ATM IV
20.0%
Avg Bid/Ask Spread
74.80%

As of May 15, 2026, First Trust Utilities AlphaDEX Fund (FXU) has 20 open contracts and 11 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 20.0%. Average bid/ask spread across the chain is 74.80%: 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 FXU options chain Data Feeds Strategy Selection

Strategy selection on First Trust Utilities AlphaDEX Fund 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 20.0% 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 FXU options chain questions

What does the FXU options chain show right now?
As of May 15, 2026, First Trust Utilities AlphaDEX Fund (FXU) has 20 contracts outstanding and 11 traded today, with ATM IV of 20.0%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for FXU 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 FXU options bid/ask spreads?
Average bid/ask spread across the chain is 74.80%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.