Roundhill Investments - Top WeeklyPay ETF (TOPW) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Roundhill Investments - Top WeeklyPay ETF (TOPW) operates in the Consumer Cyclical sector, specifically the Luxury Goods industry, with a market capitalization near $982.0M, listed on CBOE, employing roughly 7 people, carrying a beta of 1.68 to the broader market. Top Win International Limited, together with its subsidiaries, engages in trading, distribution, and retail of luxury watches in Hong Kong. Led by Kwan Ngai, public since 2025-09-04.

Snapshot as of May 15, 2026.

Spot Price
$39.49
Total OI
1.4K
Total Volume
2
Front Expiration
34 days
Second Expiration
63 days
ATM IV
9.8%
Avg Bid/Ask Spread
84.55%

As of May 15, 2026, Roundhill Investments - Top WeeklyPay ETF (TOPW) has 1.4K open contracts and 2 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 9.8%. Average bid/ask spread across the chain is 84.55%: 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 TOPW options chain Data Feeds Strategy Selection

Strategy selection on Roundhill Investments - Top WeeklyPay 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 9.8% 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.

Learn how the options chain is reported and how to read the data →

Frequently asked TOPW options chain questions

What does the TOPW options chain show right now?
As of May 15, 2026, Roundhill Investments - Top WeeklyPay ETF (TOPW) has 1.4K contracts outstanding and 2 traded today, with ATM IV of 9.8%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for TOPW options?
The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are TOPW options bid/ask spreads?
Average bid/ask spread across the chain is 84.55%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.