MTBA - Simplify MBS ETF
The Simplify MBS ETF (MTBA) seeks to provide total return, consistent with the preservation of capital and prudent investment management. The fund will invest in mortgage-backed securities (MBS), which provide attractive yields versus comparable US Treasuries while carrying little to no credit risk. MTBA will focus on buying newer MBS, which have provided higher coupons as well as higher yield to maturity compared to the MBS which comprise the Bloomberg U.
As of May 15, 2026: spot at $48.96, ATM IV 15.4%, net GEX $8.3K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $1.66B
- Beta
- 0.13
- 52-Week Range
- 48.9-50.88
- Dividend Yield
- $3.01
- IPO Date
- Nov 7, 2023
- Exchange
- AMEX
What MTBA Looks Like to Options Traders Today
IV rank of 20.8% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($8.3K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.079) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The MTBA 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 MTBA overview questions
- What is MTBA?
- MTBA is the ticker symbol for Simplify MBS ETF, an listed exchange-traded fund. The Simplify MBS ETF (MTBA) seeks to provide total return, consistent with the preservation of capital and prudent investment management. The fund will invest in mortgage-backed securities (MBS), which provide attractive yields versus comparable US Treasuries while carrying little to no credit risk. Listed on AMEX. MTBA 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 MTBA options snapshot look like today?
- As of May 15, 2026, the MTBA options snapshot shows spot at $48.96, ATM IV 15.4%, IV rank 20.8%, net GEX $8.3K, expected move 4.42%. 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 MTBA's key statistics?
- Simplify MBS ETF (MTBA) carries a market capitalization of $1.66B, 52-week range of 48.9-50.88. 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 MTBA belong to?
- Simplify MBS 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 MTBA'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 MTBA data on this page?
- The options snapshot above is dated May 15, 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.