Investment Managers Series Trust II - Tradr 2X Long RMBS Daily ETF (RMBX) Options Chain
The options chain displays all available contracts with end-of-day quotes, Greeks, volume, and open interest for each strike and expiration, and streams live quotes for traders who connect a broker. It is the primary tool for options trade selection.
Investment Managers Series Trust II - Tradr 2X Long RMBS Daily ETF (RMBX) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $553,246, listed on CBOE, carrying a beta of 0.00 to the broader market. RMBX uses swap agreements and listed call options to make bullish bets on the share price of Rambus Inc. public since 2026-07-01.
Snapshot as of Sep 30, 2026.
- Spot Price
- $14.03
- Total OI
- 70
- Total Volume
- 3
- Front Expiration
- 16 days
- Second Expiration
- 51 days
- ATM IV
- 133.6%
- Avg Bid/Ask Spread
- 63.45%
As of Sep 30, 2026, Investment Managers Series Trust II - Tradr 2X Long RMBS Daily ETF (RMBX) has 70 open contracts and 3 contracts traded. The nearest expiration is 16 days out, followed by 51 days. ATM implied volatility is 133.6%. Average bid/ask spread across the chain is 63.45%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How RMBX options chain Data Feeds Strategy Selection
Strategy selection on Investment Managers Series Trust II - Tradr 2X Long RMBS Daily ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 133.6% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain 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.
How to read the RMBX chain depth
The listed-expirations table above shows every expiration available for Investment Managers Series Trust II - Tradr 2X Long RMBS Daily ETF options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. RMBX front expiration sits at 16 days - the typical hedging horizon for monthly options. The contango term-structure slope of 0.235 means longer-dated tenors price in proportionally more IV.
RMBX chain mechanics and execution
Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the RMBX chain is 63.45% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.
Using the RMBX chain to build structures
Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. RMBX's current 38.30% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.
Learn how the options chain is reported and how to read the data →
RMBX listed expirations
Per-expiration ATM implied volatility for RMBX options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.
| Expiration | DTE | ATM IV |
|---|---|---|
| Oct 16, 2026 | 16 | 133.6% |
| Nov 20, 2026 | 51 | 157.1% |
| Dec 18, 2026 | 79 | 138.0% |
| Mar 19, 2027 | 170 | 143.0% |
Frequently asked RMBX options chain questions
- What does the RMBX options chain show right now?
- As of Sep 30, 2026, Investment Managers Series Trust II - Tradr 2X Long RMBS Daily ETF (RMBX) has 70 contracts outstanding and 3 traded today, with ATM IV of 133.6%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for RMBX options?
- The nearest expiration is 16 days out, followed by 51 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are RMBX options bid/ask spreads?
- Average bid/ask spread across the chain is 63.45%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.