SPCK - SPAC and New Issue ETF
The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Companies (“SPACs”) that have a minimum capitalization of $100 million and companies that completed an initial public offering (“IPO”) within the last two years. The fund may also invest in depositary receipts or appropriate ETFs for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.
As of Jun 30, 2026: spot at $21.80, ATM IV 52.1%, max pain $18.00, net GEX $7.9K.
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Market Cap
- $166.12B
- Beta
- 0.10
- 52-Week Range
- 21.32-26.4
- Dividend Yield
- $3.62
- IPO Date
- Dec 16, 2020
- Exchange
- NASDAQ
What SPCK Looks Like to Options Traders Today
IV rank of 36.6% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($7.9K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.272) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The SPCK 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 SPCK overview questions
- What is SPCK?
- SPCK is the ticker symbol for SPAC and New Issue ETF, an listed exchange-traded fund. The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Companies (“SPACs”) that have a minimum capitalization of $100 million and companies that completed an initial public offering (“IPO”) within the last two years. The fund may also invest in depositary receipts or appropriate ETFs for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities. Listed on NASDAQ. SPCK 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 SPCK options snapshot look like today?
- As of Jun 30, 2026, the SPCK options snapshot shows spot at $21.80, ATM IV 52.1%, IV rank 36.6%, max pain $18.00, net GEX $7.9K, expected move 14.94%. 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 SPCK's key statistics?
- SPAC and New Issue ETF (SPCK) carries a market capitalization of $166.12B, 52-week range of 21.32-26.4. 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 SPCK belong to?
- SPAC and New Issue ETF operates in the Communication Services sector, in the Telecommunications Services 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 SPCK'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 SPCK data on this page?
- The options snapshot above is dated Jun 30, 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.