HDGE · AdvisorShares Ranger Equity Bear ETF ETF

Alerts for HDGE

$14.06 +0.01 (+0.06%) At close · Sep 4

Options Chain

Underlying $14.06 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 12 days to expiry · 38 contracts · mixed daily-bar sessions · Aug 20, 2026; 37 unknown

Put / call OI

0.00

Call-heavy positioning

Open interest

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$15.00

$0.94 above spot

ATM implied vol

15.8%

market's expected move

Open interest by strike

Calls Puts

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 12d Oct 16 40d Jan 15 131d Apr 16 222d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	—	—	$6.50	$7.70	—		—	$0.00	$0.30	—	—	—	—
Call · $7 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $7 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$5.50	$6.70	—		—	$0.00	$0.30	—	—	—	—
Call · $8 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.588 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $8 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$4.50	$5.70	—		—	$0.00	$0.30	—	—	—	—
Call · $9 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $9 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$3.50	$4.70	—		—	$0.00	$0.30	—	—	—	—
Call · $10 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $10 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.586 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	84.7%	0.948	$2.55	$3.70	—		—	$0.00	$0.30	—	—	—	—
Call · $11 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.586 UTC Last — Breakeven — Implied vol 84.7% Delta 0.948 ≈95% ITM Gamma 0.048 Theta -0.01 Vega 0.003 Open interest — OI effective date — Model this call Put · $11 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.586 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	33.2%	0.995	$1.55	$2.60	—		—	$0.00	$0.30	—	—	—	—
Call · $12 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.586 UTC Last — Breakeven — Implied vol 33.2% Delta 0.995 ≈100% ITM Gamma 0.016 Theta -0.002 Vega 0 Open interest — OI effective date — Model this call Put · $12 Daily-bar session Unknown Quote as of 2026-09-04 19:59:34.681 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	13.6%	0.999	$0.55	$1.60	—		—	$0.00	$0.30	—	—	—	—
Call · $13 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol 13.6% Delta 0.999 ≈100% ITM Gamma 0.009 Theta -0.001 Vega 0 Open interest — OI effective date — Model this call Put · $13 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.70	—		—	$0.00	$0.65	—	—	—	—
Call · $14 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $14 Daily-bar session Unknown Quote as of 2026-09-04 19:59:34.068 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
Underlying $14.06
10	10	—	—	$0.00	$0.30	$0.15		—	$0.45	$1.40	-0.983	15.8%	—	—
Call · $15 Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:59:22.874 UTC Last $0.15 Breakeven $15.15 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 OI effective date Sep 3, 2026 Model this call Put · $15 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:46.210 UTC Last — Breakeven — Implied vol 15.8% Delta -0.983 ≈98% ITM Gamma 0.1 Theta 0.001 Vega 0.001 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$1.40	$2.45	-0.986	30.4%	—	—
Call · $16 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.586 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $16 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.437 UTC Last — Breakeven — Implied vol 30.4% Delta -0.986 ≈99% ITM Gamma 0.044 Theta 0.001 Vega 0.001 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$2.40	$3.50	-0.951	58.4%	—	—
Call · $17 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $17 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.451 UTC Last — Breakeven — Implied vol 58.4% Delta -0.951 ≈95% ITM Gamma 0.065 Theta -0.004 Vega 0.003 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$3.30	$4.50	—	—	—	—
Call · $18 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.588 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $18 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.580 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$4.30	$5.50	—	—	—	—
Call · $19 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $19 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.576 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$5.30	$6.50	—	—	—	—
Call · $20 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.588 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $20 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.482 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$6.30	$7.50	—	—	—	—
Call · $21 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $21 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.482 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$7.30	$8.50	—	—	—	—
Call · $22 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.588 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $22 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.491 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$8.30	$9.50	—	—	—	—
Call · $23 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $23 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.491 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$9.30	$10.50	—	—	—	—
Call · $24 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $24 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.491 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$10.30	$11.50	—	—	—	—
Call · $25 Daily-bar session Unknown Quote as of 2026-09-04 19:59:19.585 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $25 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.491 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put

About this data

Each contract's last price, day range and volume belong to the daily-bar session shown in its details; unknown means the source omitted that timestamp. Open interest has its own effective date shown separately; implied volatility and greeks are model values computed when fetched. This chain has mixed daily-bar sessions · Aug 20, 2026; 37 unknown. Positioning totals are shown only when every returned open-interest value has the same known effective date. Bid and ask are real-time consolidated OPRA readings.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.