State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) 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.
State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $43.2M, listed on AMEX, carrying a beta of 1.28 to the broader market. The State Street SPDR S&P Kensho Final Frontiers ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Final Frontiers Index (the "Index")Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the exploration of the final frontiers, which includes the areas of outer space and the deep seaMay provide an effective way to pursue long-term growth potential by investing in a portfolio of companies involved in the expansion of human understanding and presence in outer space and in the oceans public since 2018-10-23.
Snapshot as of May 15, 2026.
- Spot Price
- $119.45
- ATM IV
- 29.0%
- HV 20-Day
- 35.8%
- HV 60-Day
- 34.6%
- IV Rank
- 3.1%
- IV Percentile
- 71.8%
As of May 15, 2026, State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) ATM implied volatility is 29.0%. 20-day realized volatility is 35.8%, producing an IV-HV spread of -6.8 vol points. Realized volatility currently exceeds implied, an inversion that can signal a pending IV expansion. IV rank is 3.1%.
How ROKT iv/hv history Data Feeds Strategy Selection
Strategy selection on State Street SPDR S&P Kensho Final Frontiers 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 29.0% 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 ROKT iv/hv history questions
- Is ROKT options pricing rich or cheap right now?
- As of May 15, 2026, State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) ATM IV is 29.0% against 20-day realized volatility of 35.8%. IV rank is 3.1%. Realized volatility currently exceeds implied: an inversion of the typical equity volatility risk premium that often precedes IV expansion.
- What is the ROKT 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. ROKT 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 ROKT 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. ROKT's current rank of 3.1% 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.