ODTE - VegaShares SPX NDX RTY Premium Income ETF
ODTE actively purses a covered call strategy using the S&P 500, Nasdaq-100 and Russell 2000 Indexes. The investment strategy utilizes a quantitative framework to actively adjust allocations and covered call exposure across the three indexes based on market volatility, liquidity and expected returns. Long exposure to the indexes is achieved either through direct investments, index-tracking ETFs, or synthetic positions created with deep in-the-money call options.
As of May 15, 2026: spot at $27.13, ATM IV 60.1%, net GEX $680.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $1.1M
- Beta
- 0.00
- 52-Week Range
- 24.81-27.46
- Dividend Yield
- $0.22
- IPO Date
- Apr 2, 2026
- Exchange
- NASDAQ
What ODTE Looks Like to Options Traders Today
positive net gamma exposure ($680) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.240) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The ODTE 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 ODTE overview questions
- What is ODTE?
- ODTE is the ticker symbol for VegaShares SPX NDX RTY Premium Income ETF, an listed exchange-traded fund. ODTE actively purses a covered call strategy using the S&P 500, Nasdaq-100 and Russell 2000 Indexes. The investment strategy utilizes a quantitative framework to actively adjust allocations and covered call exposure across the three indexes based on market volatility, liquidity and expected returns. Listed on NASDAQ. ODTE 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 ODTE options snapshot look like today?
- As of May 15, 2026, the ODTE options snapshot shows spot at $27.13, ATM IV 60.1%, net GEX $680, expected move 17.23%. 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 ODTE's key statistics?
- VegaShares SPX NDX RTY Premium Income ETF (ODTE) carries a market capitalization of $1.1M, 52-week range of 24.81-27.46. 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 ODTE belong to?
- VegaShares SPX NDX RTY Premium Income 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 ODTE'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 ODTE 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.