LYTE - Roundhill Photonics & Optics ETF
The Fund seeks to provide capital appreciation.
As of Aug 28, 2026: spot at $24.38, ATM IV 67.9%, max pain $25.00, net GEX $244.1K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $182.3M
- Beta
- 0.00
- 52-Week Range
- 23.32-28.91
- IPO Date
- Aug 6, 2026
- Exchange
- CBOE
What LYTE Looks Like to Options Traders Today
positive net gamma exposure ($244.1K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.012) is roughly flat across the wings.
What This Page Covers
The LYTE 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.
Frequently asked LYTE overview questions
- What is LYTE?
- LYTE is the ticker symbol for Roundhill Photonics & Optics ETF, an listed exchange-traded fund. The Fund seeks to provide capital appreciation. Listed on CBOE. LYTE 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 does the LYTE options snapshot look like today?
- As of Aug 28, 2026, the LYTE options snapshot shows spot at $24.38, ATM IV 67.9%, max pain $25.00, net GEX $244.1K, expected move 19.47%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are LYTE's key statistics?
- Roundhill Photonics & Optics ETF (LYTE) carries a market capitalization of $182.3M, 52-week range of 23.32-28.91. 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 LYTE belong to?
- Roundhill Photonics & Optics 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 LYTE'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 LYTE data on this page?
- The options snapshot above is dated Aug 28, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. 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.