QUAL · iShares MSCI USA Quality Factor ETF ETF

Alerts for QUAL

$222.58 -0.88 (-0.39%) At close · Sep 4

Options Chain

Underlying $222.58 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 13 days to expiry · 46 contracts · mixed daily-bar sessions · Jul 20, 2026–Sep 3, 2026; 37 unknown

Put / call OI

0.25

Call-heavy positioning

Open interest

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$220.00

$2.58 below spot

ATM implied vol

10.3%

market's expected move

Open interest by strike

Calls Puts

185

190

194

195

196

197

198

199

200

205

210

215

220

225

230

235

240

245

250

255

260

265

270

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 13d Oct 16 41d Jan 15 132d Apr 16 223d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	62.4%	0.95	$37.00	$39.80	—		—	$0.00	$0.35	—	—	—	—
Call · $185 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:50.263 UTC Last — Breakeven — Implied vol 62.4% Delta 0.95 ≈95% ITM Gamma 0.004 Theta -0.122 Vega 0.044 Open interest — OI effective date — Model this call Put · $185 Daily-bar session Unknown Quote as of 2026-09-04 19:55:05.553 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	55%	0.944	$32.00	$34.80	—		—	$0.00	$0.35	—	—	—	—
Call · $190 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.649 UTC Last — Breakeven — Implied vol 55% Delta 0.944 ≈94% ITM Gamma 0.005 Theta -0.118 Vega 0.047 Open interest — OI effective date — Model this call Put · $190 Daily-bar session Unknown Quote as of 2026-09-04 19:55:05.059 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	49.1%	0.939	$28.00	$30.80	—		$0.90	$0.00	$0.35	—	—	1	1
Call · $194 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.035 UTC Last — Breakeven — Implied vol 49.1% Delta 0.939 ≈94% ITM Gamma 0.006 Theta -0.114 Vega 0.051 Open interest — OI effective date — Model this call Put · $194 Daily-bar session Jul 20, 2026 Quote as of 2026-09-04 19:55:04.708 UTC Last $0.90 Breakeven $193.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	47.7%	0.937	$27.00	$29.80	—		—	$0.00	$0.40	—	—	—	—
Call · $195 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.035 UTC Last — Breakeven — Implied vol 47.7% Delta 0.937 ≈94% ITM Gamma 0.006 Theta -0.113 Vega 0.052 Open interest — OI effective date — Model this call Put · $195 Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.530 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	46.2%	0.935	$26.00	$28.80	—		—	$0.00	$0.35	—	—	—	—
Call · $196 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.035 UTC Last — Breakeven — Implied vol 46.2% Delta 0.935 ≈94% ITM Gamma 0.007 Theta -0.112 Vega 0.053 Open interest — OI effective date — Model this call Put · $196 Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.042 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	44.7%	0.934	$25.00	$27.80	—		$0.26	$0.00	$0.35	—	—	1	1
Call · $197 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.035 UTC Last — Breakeven — Implied vol 44.7% Delta 0.934 ≈93% ITM Gamma 0.007 Theta -0.111 Vega 0.054 Open interest — OI effective date — Model this call Put · $197 Daily-bar session Aug 18, 2026 Quote as of 2026-09-04 19:59:42.009 UTC Last $0.26 Breakeven $196.74 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	43.3%	0.932	$24.00	$26.80	—		—	$0.00	$0.35	—	—	—	—
Call · $198 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.035 UTC Last — Breakeven — Implied vol 43.3% Delta 0.932 ≈93% ITM Gamma 0.007 Theta -0.11 Vega 0.055 Open interest — OI effective date — Model this call Put · $198 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	41.8%	0.93	$23.00	$25.80	—		—	$0.00	$0.35	—	—	—	—
Call · $199 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.649 UTC Last — Breakeven — Implied vol 41.8% Delta 0.93 ≈93% ITM Gamma 0.008 Theta -0.109 Vega 0.056 Open interest — OI effective date — Model this call Put · $199 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.857 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	40.3%	0.928	$22.00	$24.80	—		$1.55	$0.00	$0.35	—	—	1	1
Call · $200 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.649 UTC Last — Breakeven — Implied vol 40.3% Delta 0.928 ≈93% ITM Gamma 0.008 Theta -0.108 Vega 0.058 Open interest — OI effective date — Model this call Put · $200 Daily-bar session Jul 23, 2026 Quote as of 2026-09-04 19:59:42.009 UTC Last $1.55 Breakeven $198.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	35.9%	0.898	$17.40	$19.80	—		$0.40	$0.00	$0.40	—	—	1	1
Call · $205 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.124 UTC Last — Breakeven — Implied vol 35.9% Delta 0.898 ≈90% ITM Gamma 0.012 Theta -0.121 Vega 0.075 Open interest — OI effective date — Model this call Put · $205 Daily-bar session Aug 12, 2026 Quote as of 2026-09-04 19:55:03.539 UTC Last $0.40 Breakeven $204.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	28%	0.875	$12.40	$14.80	—		$2.60	$0.00	$0.45	—	—	1	1
Call · $210 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:47.947 UTC Last — Breakeven — Implied vol 28% Delta 0.875 ≈88% ITM Gamma 0.018 Theta -0.111 Vega 0.086 Open interest — OI effective date — Model this call Put · $210 Daily-bar session Jul 20, 2026 Quote as of 2026-09-04 19:55:02.759 UTC Last $2.60 Breakeven $207.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	19.4%	0.841	$7.60	$9.50	—		—	$0.00	$0.70	—	—	—	—
Call · $215 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.196 UTC Last — Breakeven — Implied vol 19.4% Delta 0.841 ≈84% ITM Gamma 0.03 Theta -0.094 Vega 0.102 Open interest — OI effective date — Model this call Put · $215 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
3	5	13.4%	0.7	$3.00	$4.90	$5.55		$2.10	$0.00	$2.00	—	—	3	3
Call · $220 In the money Daily-bar session Aug 26, 2026 Quote as of 2026-09-04 19:59:59.394 UTC Last $5.55 Breakeven $225.55 Implied vol 13.4% Delta 0.7 ≈70% ITM Gamma 0.062 Theta -0.09 Vega 0.146 Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $220 Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:59.945 UTC Last $2.10 Breakeven $217.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this put
Underlying $222.58
16	1	—	—	$0.00	$2.00	$0.90		—	$1.30	$4.70	-0.684	10.3%	—	—
Call · $225 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:59.945 UTC Last $0.90 Breakeven $225.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 16 OI effective date Sep 3, 2026 Model this call Put · $225 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:15.288 UTC Last — Breakeven — Implied vol 10.3% Delta -0.684 ≈68% ITM Gamma 0.082 Theta -0.044 Vega 0.149 Open interest — OI effective date — Model this put
13	1	—	—	$0.00	$0.85	$0.41		—	$6.20	$8.20	-0.954	9.9%	—	—
Call · $230 Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:42.009 UTC Last $0.41 Breakeven $230.41 Implied vol — Delta — Gamma — Theta — Vega — Open interest 13 OI effective date Sep 3, 2026 Model this call Put · $230 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:31.164 UTC Last — Breakeven — Implied vol 9.9% Delta -0.954 ≈95% ITM Gamma 0.023 Theta 0.006 Vega 0.041 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.80	—		—	$10.70	$13.10	—	—	—	—
Call · $235 Daily-bar session Unknown Quote as of 2026-09-04 19:55:47.948 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $235 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:04.402 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.80	—		—	$15.60	$18.20	—	—	—	—
Call · $240 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 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 19:55:55.116 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.80	—		—	$20.50	$23.30	—	—	—	—
Call · $245 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $245 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:51.996 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.80	—		—	$25.30	$28.30	—	—	—	—
Call · $250 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 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 19:56:59.956 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.80	—		—	$30.30	$33.30	—	—	—	—
Call · $255 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 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 19:59:51.804 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.80	—		—	$35.30	$38.30	—	—	—	—
Call · $260 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 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 19:59:21.429 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.80	—		—	$40.30	$43.30	—	—	—	—
Call · $265 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 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 19:55:12.003 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.80	—		—	$45.30	$48.30	—	—	—	—
Call · $270 Daily-bar session Unknown Quote as of 2026-09-04 19:59:42.009 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 19:59:32.619 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 · Jul 20, 2026–Sep 3, 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.