IWN · iShares Russell 2000 Value ETF ETF

Alerts for IWN

$224.62 +0.90 (+0.40%) At close · Sep 4

Options Chain

Underlying $224.62 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 12 days to expiry · 60 contracts · mixed daily-bar sessions · Jul 28, 2026–Sep 4, 2026; 41 unknown

Put / call OI

1.01

Balanced positioning

Open interest

396

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$220.00

$4.62 below spot

ATM implied vol

14%

market's expected move

Open interest by strike · near the money

Calls Puts

185

190

191

192

193

194

195

196

197

198

199

200

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285

290

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 12d Oct 16 40d Nov 20 75d Feb 19 166d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	—	—	$38.40	$41.10	—		—	$0.00	$0.50	—	—	—	—
Call · $185 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.163 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $185 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.416 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$33.40	$36.10	—		$0.11	$0.00	$0.55	—	—	8	4
Call · $190 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.065 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $190 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:59:31.325 UTC Last $0.11 Breakeven $189.89 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$32.40	$34.90	—		—	$0.00	$0.50	—	—	—	—
Call · $191 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.062 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $191 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.323 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$31.40	$33.70	—		—	$0.00	$0.40	—	—	—	—
Call · $192 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.060 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $192 Daily-bar session Unknown Quote as of 2026-09-04 19:55:10.622 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$30.40	$32.70	—		—	$0.00	$1.20	—	—	—	—
Call · $193 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.058 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $193 Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.385 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$29.40	$32.10	—		$0.82	$0.00	$1.20	—	—	1	1
Call · $194 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.054 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $194 Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:59:57.795 UTC Last $0.82 Breakeven $193.18 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$28.40	$30.20	—		—	$0.00	$0.50	—	—	—	—
Call · $195 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.050 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $195 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.241 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$27.40	$30.10	—		$0.35	$0.00	$0.50	—	—	1	1
Call · $196 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:50.006 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $196 Daily-bar session Aug 18, 2026 Quote as of 2026-09-04 19:59:31.237 UTC Last $0.35 Breakeven $195.65 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$26.50	$29.10	—		—	$0.00	$0.50	—	—	—	—
Call · $197 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:50.282 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $197 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.236 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$25.50	$28.10	—		$0.53	$0.00	$0.75	—	—	17	7
Call · $198 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:44.343 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $198 Daily-bar session Aug 10, 2026 Quote as of 2026-09-04 19:59:58.384 UTC Last $0.53 Breakeven $197.47 Implied vol — Delta — Gamma — Theta — Vega — Open interest 7 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$24.50	$26.40	—		$1.07	$0.00	$0.55	—	—	1	1
Call · $199 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.961 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $199 Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:59:31.226 UTC Last $1.07 Breakeven $197.93 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
8	8	—	—	$23.50	$26.10	$26.13		$0.30	$0.00	$0.55	—	—	1	9
Call · $200 In the money Daily-bar session Aug 18, 2026 Quote as of 2026-09-04 19:59:59.202 UTC Last $26.13 Breakeven $226.13 Implied vol — Delta — Gamma — Theta — Vega — Open interest 8 OI effective date Sep 3, 2026 Model this call Put · $200 Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:29.051 UTC Last $0.30 Breakeven $199.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 9 OI effective date Sep 3, 2026 Model this put
3	2	—	—	$18.60	$21.10	$19.07		$0.89	$0.00	$0.55	—	—	7	4
Call · $205 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.416 UTC Last $19.07 Breakeven $224.07 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $205 Daily-bar session Aug 10, 2026 Quote as of 2026-09-04 19:59:29.051 UTC Last $0.89 Breakeven $204.11 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$13.50	$15.60	—		$0.05	$0.00	$0.70	—	—	2	144
Call · $210 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.862 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $210 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:29.051 UTC Last $0.05 Breakeven $209.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 144 OI effective date Sep 3, 2026 Model this put
1	1	—	—	$8.70	$11.00	$12.10		$0.50	$0.35	$0.65	-0.117	20.4%	1	11
Call · $215 In the money Daily-bar session Aug 6, 2026 Quote as of 2026-09-04 19:59:30.857 UTC Last $12.10 Breakeven $227.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $215 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:14.520 UTC Last $0.50 Breakeven $214.50 Implied vol 20.4% Delta -0.117 ≈12% ITM Gamma 0.023 Theta -0.062 Vega 0.083 Open interest 11 OI effective date Sep 3, 2026 Model this put
3	2	11.6%	0.847	$4.20	$6.40	$7.00		$3.50	$0.45	$2.90	-0.287	21.6%	2	13
Call · $220 In the money Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:31.037 UTC Last $7.00 Breakeven $227.00 Implied vol 11.6% Delta 0.847 ≈85% ITM Gamma 0.048 Theta -0.063 Vega 0.1 Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $220 Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:30.851 UTC Last $3.50 Breakeven $216.50 Implied vol 21.6% Delta -0.287 ≈29% ITM Gamma 0.037 Theta -0.113 Vega 0.144 Open interest 13 OI effective date Sep 3, 2026 Model this put
Underlying $224.62
32	8	11.3%	0.497	$0.75	$3.00	$2.00		$2.74	$2.00	$3.70	-0.499	16.6%	2	4
Call · $225 Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:30.850 UTC Last $2.00 Breakeven $227.00 Implied vol 11.3% Delta 0.497 ≈50% ITM Gamma 0.083 Theta -0.085 Vega 0.169 Open interest 32 OI effective date Sep 3, 2026 Model this call Put · $225 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:30.850 UTC Last $2.74 Breakeven $222.26 Implied vol 16.6% Delta -0.499 ≈50% ITM Gamma 0.057 Theta -0.096 Vega 0.169 Open interest 4 OI effective date Sep 3, 2026 Model this put
11	10	—	—	$0.00	$1.35	$0.92		—	$5.60	$7.70	-0.71	20.7%	—	—
Call · $230 Daily-bar session Aug 27, 2026 Quote as of 2026-09-04 19:59:30.852 UTC Last $0.92 Breakeven $230.92 Implied vol — Delta — Gamma — Theta — Vega — Open interest 11 OI effective date Sep 3, 2026 Model this call Put · $230 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.852 UTC Last — Breakeven — Implied vol 20.7% Delta -0.71 ≈71% ITM Gamma 0.039 Theta -0.099 Vega 0.145 Open interest — OI effective date — Model this put
29	1	—	—	$0.00	$0.70	$0.20		—	$9.70	$12.30	-0.827	24.1%	—	—
Call · $235 Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:31.042 UTC Last $0.20 Breakeven $235.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 29 OI effective date Sep 3, 2026 Model this call Put · $235 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.241 UTC Last — Breakeven — Implied vol 24.1% Delta -0.827 ≈83% ITM Gamma 0.025 Theta -0.081 Vega 0.108 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.75	—		—	$14.80	$17.40	-0.85	32.2%	—	—
Call · $240 Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.858 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $240 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.862 UTC Last — Breakeven — Implied vol 32.2% Delta -0.85 ≈85% ITM Gamma 0.017 Theta -0.102 Vega 0.099 Open interest — OI effective date — Model this put
110	102	—	—	$0.00	$0.45	$0.03		—	$20.30	$22.40	-0.853	41.6%	—	—
Call · $245 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:30.861 UTC Last $0.03 Breakeven $245.03 Implied vol — Delta — Gamma — Theta — Vega — Open interest 110 OI effective date Sep 3, 2026 Model this call Put · $245 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.952 UTC Last — Breakeven — Implied vol 41.6% Delta -0.853 ≈85% ITM Gamma 0.013 Theta -0.135 Vega 0.097 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.95	—		—	$24.60	$27.30	-0.895	43.3%	—	—
Call · $250 Daily-bar session Unknown Quote as of 2026-09-04 19:59:29.051 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $250 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.961 UTC Last — Breakeven — Implied vol 43.3% Delta -0.895 ≈89% ITM Gamma 0.01 Theta -0.106 Vega 0.077 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.75	—		—	$30.10	$32.30	-0.889	52.5%	—	—
Call · $255 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.241 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $255 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.230 UTC Last — Breakeven — Implied vol 52.5% Delta -0.889 ≈89% ITM Gamma 0.009 Theta -0.139 Vega 0.081 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.95	—		—	$35.10	$37.30	-0.897	58.2%	—	—
Call · $260 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.331 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $260 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.263 UTC Last — Breakeven — Implied vol 58.2% Delta -0.897 ≈90% ITM Gamma 0.007 Theta -0.147 Vega 0.076 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.95	—		—	$40.10	$42.30	-0.904	63.8%	—	—
Call · $265 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.423 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $265 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.263 UTC Last — Breakeven — Implied vol 63.8% Delta -0.904 ≈90% ITM Gamma 0.006 Theta -0.153 Vega 0.072 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.95	—		—	$45.10	$47.30	-0.909	69.1%	—	—
Call · $270 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.443 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $270 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.263 UTC Last — Breakeven — Implied vol 69.1% Delta -0.909 ≈91% ITM Gamma 0.006 Theta -0.159 Vega 0.069 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.95	—		—	$50.10	$52.30	-0.914	74.2%	—	—
Call · $275 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.537 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $275 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.274 UTC Last — Breakeven — Implied vol 74.2% Delta -0.914 ≈91% ITM Gamma 0.005 Theta -0.164 Vega 0.067 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.75	—		—	$55.20	$57.30	-0.916	80%	—	—
Call · $280 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.636 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $280 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:01.274 UTC Last — Breakeven — Implied vol 80% Delta -0.916 ≈92% ITM Gamma 0.005 Theta -0.176 Vega 0.066 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.75	—		—	$59.90	$62.30	-0.926	82.4%	—	—
Call · $285 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.740 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $285 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:04.475 UTC Last — Breakeven — Implied vol 82.4% Delta -0.926 ≈93% ITM Gamma 0.004 Theta -0.162 Vega 0.06 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.95	—		—	$65.20	$67.30	-0.922	89.5%	—	—
Call · $290 Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.889 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $290 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.812 UTC Last — Breakeven — Implied vol 89.5% Delta -0.922 ≈92% ITM Gamma 0.004 Theta -0.185 Vega 0.062 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 · Jul 28, 2026–Sep 4, 2026; 41 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. The 25 strikes around the money are shown by default — switch to "All 30" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.