ORR · Militia Long/Short Equity ETF ETF

Alerts for ORR

$39.19 +0.01 (+0.03%) At close · Sep 4

Options Chain

Underlying $39.19 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 12 days to expiry · 48 contracts · mixed daily-bar sessions · Jan 27, 2026–Sep 4, 2026; 27 unknown

Put / call OI

0.08

Call-heavy positioning

Open interest

3,181

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$36.00

$3.19 below spot

ATM implied vol

15%

market's expected move

Open interest by strike

Calls Puts

22.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 12d Oct 16 40d Nov 20 75d Dec 18 103d Jan 15 131d Mar 19 194d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	1	—	—	$17.80	$20.70	$17.50		—	$0.00	$1.40	—	—	—	—
Call · $20 In the money Daily-bar session Feb 3, 2026 Quote as of 2026-09-04 19:55:17.175 UTC Last $17.50 Breakeven $37.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $20 Daily-bar session Unknown Quote as of 2026-09-04 19:58:57.043 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$15.30	$18.20	—		—	$0.00	$1.40	—	—	—	—
Call · $22.5 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:17.050 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $22.5 Daily-bar session Unknown Quote as of 2026-09-04 19:55:12.923 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$12.80	$15.70	—		—	$0.00	$1.40	—	—	—	—
Call · $25 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:57:20.441 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $25 Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.231 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$11.80	$14.70	—		—	$0.00	$1.40	—	—	—	—
Call · $26 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:57:20.442 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $26 Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.218 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$10.80	$13.70	—		—	$0.00	$1.40	—	—	—	—
Call · $27 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:50.620 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $27 Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.204 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	82.4%	0.988	$9.80	$12.70	—		—	$0.00	$1.40	—	—	—	—
Call · $28 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:57:20.080 UTC Last — Breakeven — Implied vol 82.4% Delta 0.988 ≈99% ITM Gamma 0.005 Theta -0.01 Vega 0.002 Open interest — OI effective date — Model this call Put · $28 Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.191 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	74.3%	0.987	$8.80	$11.70	—		—	$0.00	$1.40	—	—	—	—
Call · $29 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:50.620 UTC Last — Breakeven — Implied vol 74.3% Delta 0.987 ≈99% ITM Gamma 0.006 Theta -0.01 Vega 0.003 Open interest — OI effective date — Model this call Put · $29 Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.178 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
84	2	66.4%	0.986	$8.90	$9.60	$9.30		$1.27	$0.00	$1.40	—	—	3	10
Call · $30 In the money Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:55.352 UTC Last $9.30 Breakeven $39.30 Implied vol 66.4% Delta 0.986 ≈99% ITM Gamma 0.007 Theta -0.01 Vega 0.003 Open interest 84 OI effective date Sep 3, 2026 Model this call Put · $30 Daily-bar session Jun 11, 2026 Quote as of 2026-09-04 19:55:20.163 UTC Last $1.27 Breakeven $28.73 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 OI effective date Sep 3, 2026 Model this put
—	10	70.9%	0.966	$6.80	$9.80	$7.75		—	$0.00	$1.40	—	—	—	—
Call · $31 In the money Daily-bar session Mar 10, 2026 Quote as of 2026-09-04 19:55:50.620 UTC Last $7.75 Breakeven $38.75 Implied vol 70.9% Delta 0.966 ≈97% ITM Gamma 0.014 Theta -0.018 Vega 0.006 Open interest — OI effective date — Model this call Put · $31 Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.150 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
3	10	62.7%	0.963	$5.80	$8.80	$5.50		—	$0.00	$1.40	—	—	—	—
Call · $32 In the money Daily-bar session Mar 20, 2026 Quote as of 2026-09-04 19:55:12.857 UTC Last $5.50 Breakeven $37.50 Implied vol 62.7% Delta 0.963 ≈96% ITM Gamma 0.018 Theta -0.018 Vega 0.006 Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $32 Daily-bar session Unknown Quote as of 2026-09-04 19:55:05.681 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
8	2	—	—	$4.80	$7.50	$4.70		—	$0.00	$1.40	—	—	—	—
Call · $33 In the money Daily-bar session Jan 27, 2026 Quote as of 2026-09-04 19:55:11.782 UTC Last $4.70 Breakeven $37.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 8 OI effective date Sep 3, 2026 Model this call Put · $33 Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.919 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
2	1	37.2%	0.981	$4.90	$5.60	$3.60		—	$0.00	$1.40	—	—	—	—
Call · $34 In the money Daily-bar session Jun 17, 2026 Quote as of 2026-09-04 19:59:55.374 UTC Last $3.60 Breakeven $37.60 Implied vol 37.2% Delta 0.981 ≈98% ITM Gamma 0.017 Theta -0.008 Vega 0.003 Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $34 Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.299 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
16	51	30.3%	0.979	$3.90	$4.60	$2.50		$0.15	$0.00	$0.20	—	—	2	37
Call · $35 In the money Daily-bar session Jun 2, 2026 Quote as of 2026-09-04 19:59:55.351 UTC Last $2.50 Breakeven $37.50 Implied vol 30.3% Delta 0.979 ≈98% ITM Gamma 0.023 Theta -0.008 Vega 0.004 Open interest 16 OI effective date Sep 3, 2026 Model this call Put · $35 Daily-bar session Jul 30, 2026 Quote as of 2026-09-04 19:58:36.311 UTC Last $0.15 Breakeven $34.85 Implied vol — Delta — Gamma — Theta — Vega — Open interest 37 OI effective date Sep 3, 2026 Model this put
1	5	35.4%	0.907	$1.90	$4.80	$2.00		$0.40	$0.00	$0.20	—	—	2	105
Call · $36 In the money Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:55:06.007 UTC Last $2.00 Breakeven $38.00 Implied vol 35.4% Delta 0.907 ≈91% ITM Gamma 0.064 Theta -0.02 Vega 0.012 Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $36 Daily-bar session Jul 30, 2026 Quote as of 2026-09-04 19:58:36.311 UTC Last $0.40 Breakeven $35.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 105 OI effective date Sep 3, 2026 Model this put
380	4	16.9%	0.968	$2.00	$2.50	$2.30		—	$0.00	$1.40	—	—	—	—
Call · $37 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:47.052 UTC Last $2.30 Breakeven $39.30 Implied vol 16.9% Delta 0.968 ≈97% ITM Gamma 0.057 Theta -0.007 Vega 0.005 Open interest 380 OI effective date Sep 3, 2026 Model this call Put · $37 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.116 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
49	5	—	—	$0.00	$2.80	$1.45		$0.15	$0.10	$0.20	-0.187	19.5%	2	60
Call · $38 In the money Daily-bar session Jul 6, 2026 Quote as of 2026-09-04 19:55:25.586 UTC Last $1.45 Breakeven $39.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 49 OI effective date Sep 3, 2026 Model this call Put · $38 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:58:40.597 UTC Last $0.15 Breakeven $37.85 Implied vol 19.5% Delta -0.187 ≈19% ITM Gamma 0.186 Theta -0.014 Vega 0.02 Open interest 60 OI effective date Sep 3, 2026 Model this put
224	3	15.2%	0.589	$0.35	$0.80	$0.64		$0.40	$0.15	$0.50	-0.408	14.7%	2	13
Call · $39 In the money Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:59:55.374 UTC Last $0.64 Breakeven $39.64 Implied vol 15.2% Delta 0.589 ≈59% ITM Gamma 0.346 Theta -0.019 Vega 0.029 Open interest 224 OI effective date Sep 3, 2026 Model this call Put · $39 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:47.125 UTC Last $0.40 Breakeven $38.60 Implied vol 14.7% Delta -0.408 ≈41% ITM Gamma 0.357 Theta -0.015 Vega 0.029 Open interest 13 OI effective date Sep 3, 2026 Model this put
Underlying $39.19
1.4k	62	14.3%	0.243	$0.05	$0.25	$0.23		—	$0.00	$2.20	—	—	—	—
Call · $40 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:26.924 UTC Last $0.23 Breakeven $40.23 Implied vol 14.3% Delta 0.243 ≈24% ITM Gamma 0.295 Theta -0.014 Vega 0.023 Open interest 1.4k OI effective date Sep 3, 2026 Model this call Put · $40 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:52.335 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	5	—	—	$0.00	$1.40	$0.25		—	$0.30	$3.20	—	—	—	—
Call · $41 Daily-bar session Aug 13, 2026 Quote as of 2026-09-04 19:55:02.870 UTC Last $0.25 Breakeven $41.25 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $41 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.721 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
707	1	—	—	$0.00	$0.25	$0.05		—	$1.40	$4.20	-0.942	22.6%	—	—
Call · $42 Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:59:45.200 UTC Last $0.05 Breakeven $42.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 707 OI effective date Sep 3, 2026 Model this call Put · $42 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:05.145 UTC Last — Breakeven — Implied vol 22.6% Delta -0.942 ≈94% ITM Gamma 0.069 Theta -0.004 Vega 0.009 Open interest — OI effective date — Model this put
7	5	—	—	$0.00	$1.40	$0.10		—	$2.30	$5.20	—	—	—	—
Call · $43 Daily-bar session Aug 11, 2026 Quote as of 2026-09-04 19:55:03.481 UTC Last $0.10 Breakeven $43.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest 7 OI effective date Sep 3, 2026 Model this call Put · $43 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:07.274 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.40	—		—	$3.30	$6.20	—	—	—	—
Call · $44 Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.014 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $44 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:09.173 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.40	—		—	$4.30	$7.20	—	—	—	—
Call · $45 Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.639 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $45 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:11.120 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
30	10	—	—	$0.00	$0.95	$0.10		—	$9.30	$12.20	-0.999	42.7%	—	—
Call · $50 Daily-bar session Feb 18, 2026 Quote as of 2026-09-04 19:55:09.031 UTC Last $0.10 Breakeven $50.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest 30 OI effective date Sep 3, 2026 Model this call Put · $50 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:15.837 UTC Last — Breakeven — Implied vol 42.7% Delta -0.999 ≈100% ITM Gamma 0.002 Theta 0.004 Vega 0 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 · Jan 27, 2026–Sep 4, 2026; 27 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.