SHEH - Shell plc ADRhedged

The Series, under normal circumstances, invests at least 95% of its net assets in ADRs of HSBC Holdings plc. The Series will not invest directly in the Company. ADRs are receipts, issued by an American bank or trust issuer, which evidence ownership of underlying securities issued by a non-U.

As of May 15, 2026: spot at $62.23, ATM IV 24.9%, net GEX $0.

Sector
Financial Services
Industry
Asset Management
Market Cap
$4.3M
Beta
-0.40
52-Week Range
47-69.49
Dividend Yield
$0.72
IPO Date
Oct 7, 2024
Exchange
AMEX

What SHEH Looks Like to Options Traders Today

positive net gamma exposure ($0) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.014) is roughly flat across the wings.

What This Page Covers

The SHEH 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 SHEH overview questions

What is SHEH?
SHEH is the ticker symbol for Shell plc ADRhedged, an listed exchange-traded fund. The Series, under normal circumstances, invests at least 95% of its net assets in ADRs of HSBC Holdings plc. The Series will not invest directly in the Company. Listed on AMEX. SHEH 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 SHEH options snapshot look like today?
As of May 15, 2026, the SHEH options snapshot shows spot at $62.23, ATM IV 24.9%, net GEX $0, expected move 7.14%. 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 SHEH's key statistics?
Shell plc ADRhedged (SHEH) carries a market capitalization of $4.3M, 52-week range of 47-69.49. 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 SHEH belong to?
Shell plc ADRhedged 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 SHEH'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 SHEH 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.