RAAR - Reckoner Yield Enhanced AAA CLO Reinvesting ETF
The fund's primary objective is to deliver robust current income, achieved by predominantly allocating capital to the most creditworthy, AAA-rated collateralized loan obligation (CLO) tranches. It utilizes a continuous reinvestment strategy, allowing for the proactive management of credit risk and the optimization of income potential within the CLO market.
As of Aug 14, 2026: spot at $50.41, ATM IV 23.8%, net GEX -$1.6K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $15.3M
- Beta
- 0.06
- 52-Week Range
- 49.74-51.17
- IPO Date
- Feb 12, 2026
- Exchange
- AMEX
What RAAR Looks Like to Options Traders Today
negative net gamma exposure (-$1.6K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (-0.000) is roughly flat across the wings.
What This Page Covers
The RAAR 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 RAAR overview questions
- What is RAAR?
- RAAR is the ticker symbol for Reckoner Yield Enhanced AAA CLO Reinvesting ETF, an listed exchange-traded fund. The fund's primary objective is to deliver robust current income, achieved by predominantly allocating capital to the most creditworthy, AAA-rated collateralized loan obligation (CLO) tranches. It utilizes a continuous reinvestment strategy, allowing for the proactive management of credit risk and the optimization of income potential within the CLO market. Listed on AMEX. RAAR 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 RAAR options snapshot look like today?
- As of Aug 14, 2026, the RAAR options snapshot shows spot at $50.41, ATM IV 23.8%, net GEX -$1.6K, expected move 6.82%. 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 RAAR's key statistics?
- Reckoner Yield Enhanced AAA CLO Reinvesting ETF (RAAR) carries a market capitalization of $15.3M, 52-week range of 49.74-51.17. 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 RAAR belong to?
- Reckoner Yield Enhanced AAA CLO Reinvesting ETF 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 RAAR'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 RAAR data on this page?
- The options snapshot above is dated Aug 14, 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.