NYLI U.S. Large Cap R&D Leaders ETF (LRND) 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.

NYLI U.S. Large Cap R&D Leaders ETF (LRND) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $10.8M, listed on NASDAQ, carrying a beta of 1.14 to the broader market. The NYLI U. public since 2022-02-08.

Snapshot as of Jun 30, 2026.

Spot Price
$44.04
Total OI
0
Total Volume
0
Front Expiration
17 days
Second Expiration
52 days
ATM IV
32.8%
Avg Bid/Ask Spread
89.81%

As of Jun 30, 2026, NYLI U.S. Large Cap R&D Leaders ETF (LRND) has 0 open contracts and 0 contracts traded. The nearest expiration is 17 days out, followed by 52 days. ATM implied volatility is 32.8%. Average bid/ask spread across the chain is 89.81%: 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 LRND options chain Data Feeds Strategy Selection

Strategy selection on NYLI U.S. Large Cap R&D Leaders 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 32.8% 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.

How to read the LRND chain depth

The listed-expirations table above shows every expiration available for NYLI U.S. Large Cap R&D Leaders ETF options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. LRND front expiration sits at 17 days - the typical hedging horizon for monthly options. The backwardated slope of -0.098 means near-dated IV is pricing acute event risk.

LRND chain mechanics and execution

Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the LRND chain is 89.81% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.

Using the LRND chain to build structures

Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. LRND's current 9.40% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.

Learn how the options chain is reported and how to read the data →

LRND listed expirations

Per-expiration ATM implied volatility for LRND options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.

ExpirationDTEATM IV
Jul 17, 20261732.8%
Aug 21, 20265223.0%
Oct 16, 202610821.3%
Jan 15, 202719921.5%

Frequently asked LRND options chain questions

What does the LRND options chain show right now?
As of Jun 30, 2026, NYLI U.S. Large Cap R&D Leaders ETF (LRND) has 0 contracts outstanding and 0 traded today, with ATM IV of 32.8%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for LRND options?
The nearest expiration is 17 days out, followed by 52 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are LRND options bid/ask spreads?
Average bid/ask spread across the chain is 89.81%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.