Tema Space Innovators ETF (NASA) IV/HV History
Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.
Tema Space Innovators ETF (NASA) is with a market capitalization near $54.3M, listed on AMEX, carrying a beta of 0.00 to the broader market. Led by Yuri Khodjamirian, public since 2026-03-31.
Snapshot as of May 15, 2026.
- Spot Price
- $34.81
- ATM IV
- 77.8%
As of May 15, 2026, Tema Space Innovators ETF (NASA) ATM implied volatility is 77.8%.
How NASA iv/hv history Data Feeds Strategy Selection
Strategy selection on Tema Space Innovators ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 77.8% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the iv/hv history 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 implied vs realized volatility is reported and how to read the data →
Frequently asked NASA iv/hv history questions
- Is NASA options pricing rich or cheap right now?
- As of May 15, 2026, Tema Space Innovators ETF (NASA) ATM IV is 77.8%.
- What is the NASA variance risk premium?
- The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. NASA is currently pricing inverted to the historical pattern, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does NASA IV rank mean for strategy selection?
- IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. NASA's current rank signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.