LENS - EA Series Trust - Sarmaya Thematic ETF
LENS seeks to provide long-term capital appreciation by primarily investing in US and non-US thematic equities. The adviser employs a macro-focused approach and proprietary analysis to identify emerging or prevailing market themes, which may shift based on market conditions, potentially leading to significant portfolio reallocations. Then fundamental analysis is applied to identify undervalued companies positioned to perform well within these themes, balancing exposure between large, low-beta stocks and smaller, high-beta stocks with potential for strong returns.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $62.3M
- Beta
- 0.17
- 52-Week Range
- 33.06-50.84
- Dividend Yield
- $0.62
- IPO Date
- Jan 29, 2025
- Exchange
- CBOE
LENS Options Snapshot
Options pricing data for LENS is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The LENS 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.
LENS fund facts: expense ratio 0.79%, assets under management $62.2M, NAV $42.87 as of the data source's update on Oct 8, 2026, launched Jan 28, 2025, issued by Sarmaya. See the LENS holdings.
Frequently asked LENS overview questions
- What is LENS?
- LENS is the ticker symbol for EA Series Trust - Sarmaya Thematic ETF, an listed exchange-traded fund. LENS seeks to provide long-term capital appreciation by primarily investing in US and non-US thematic equities. The adviser employs a macro-focused approach and proprietary analysis to identify emerging or prevailing market themes, which may shift based on market conditions, potentially leading to significant portfolio reallocations. Listed on CBOE. LENS 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 are LENS's key statistics?
- EA Series Trust - Sarmaya Thematic ETF (LENS) carries a market capitalization of $62.3M, 52-week range of 33.06-50.84. 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 LENS belong to?
- EA Series Trust - Sarmaya Thematic 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 LENS'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 LENS data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for LENS, it usually reflects low options liquidity or a recently listed name. 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.