Pacer BlueStar Digital Entertainment ETF (ODDS) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

Pacer BlueStar Digital Entertainment ETF (ODDS) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $4.0M, listed on NASDAQ, carrying a beta of 1.08 to the broader market. A rules-based exchange traded fund (ETF) that aims to offer investors exposure to globally listed companies and depositary receipts that generate the majority of their revenue from online gambling, video game development or eSports. public since 2022-04-11.

Snapshot as of May 15, 2026.

Spot Price
$23.93
ATM IV
36.4%
IV Skew 25Δ
0.014
IV Rank
13.8%
IV Percentile
73.8%
Term Structure Slope
-0.055

As of May 15, 2026, Pacer BlueStar Digital Entertainment ETF (ODDS) at-the-money implied volatility is 36.4%. IV rank is 13.8% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 73.8%. The 25-delta skew is +0.014: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

ODDS Strategy Selection at Current Volatility Levels

For Pacer BlueStar Digital Entertainment ETF options at 36.4% ATM IV, low IV rank (13.8%) favors premium-buying or long-vol structures: long calls or puts, debit spreads, calendar spreads, long straddles. The risk: low-rank regimes can persist for months while time decay eats premium-buyers alive. Pair the vol-rank read with the dealer-gamma view and the upcoming-events calendar to confirm the strategy fits both the structural regime and the path-dependent risk. The variance risk premium - the persistent gap between implied and subsequently realized vol - is positive in equity markets on average; high IV rank typically reflects a stretch where the premium is wider than usual.

Learn how volatility skew is reported and how to read the data →

Frequently asked ODDS volatility skew questions

What is the current ODDS ATM implied volatility?
As of May 15, 2026, Pacer BlueStar Digital Entertainment ETF (ODDS) at-the-money implied volatility is 36.4%. IV rank is 13.8% on a 0-100% scale anchored to the 1-year IV range. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.
Is ODDS IV high or low historically?
IV is subdued relative to its 1-year history, conditions that typically favor premium-buying strategies (long calls, long puts, debit spreads, calendar spreads).
What does ODDS volatility skew tell options traders?
Volatility skew is the pattern by which IV varies across strikes for a given expiration. Pacer BlueStar Digital Entertainment ETF skew is roughly flat across the 25-delta wings. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.