Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) 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.

Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $5.6M, listed on NASDAQ, carrying a beta of 1.71 to the broader market. The fund is an actively managed exchange-traded fund (“ETF”) that seeks current income and, secondarily, capital appreciation. Led by Paul Kim, public since 2025-09-18.

Volatility skew analysis compares implied volatility across strikes and expirations. No recent options activity for QLDY as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

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