SPRX · Spear Alpha ETF ETF

Alerts for SPRX

$44.47 +1.78 (+4.17%) At close · Sep 4

Options Chain

Underlying $44.47 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 12 days to expiry · 66 contracts · mixed daily-bar sessions · May 12, 2026–Sep 4, 2026; 37 unknown

Put / call OI

0.45

Call-heavy positioning

Open interest

110

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$39.00

$5.47 below spot

ATM implied vol

54.5%

market's expected move

Open interest by strike · near the money

Calls Puts

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 12d Oct 16 40d Dec 18 103d Mar 19 194d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
3	1	—	—	$24.10	$24.80	$28.90		—	$0.00	$1.55	—	—	—	—
Call · $20 In the money Daily-bar session Aug 4, 2026 Quote as of 2026-09-04 19:59:53.323 UTC Last $28.90 Breakeven $48.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $20 Daily-bar session Unknown Quote as of 2026-09-04 19:55:22.782 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$17.90	$21.00	—		—	$0.00	$1.55	—	—	—	—
Call · $25 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:33.062 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 19:55:21.396 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	1	—	—	$12.90	$16.00	$19.00		—	$0.00	$1.55	—	—	—	—
Call · $30 In the money Daily-bar session May 15, 2026 Quote as of 2026-09-04 19:55:33.000 UTC Last $19.00 Breakeven $49.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $30 Daily-bar session Unknown Quote as of 2026-09-04 19:55:18.752 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$8.90	$12.00	—		—	$0.00	$1.60	—	—	—	—
Call · $34 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:21.406 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $34 Daily-bar session Unknown Quote as of 2026-09-04 19:55:14.036 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	62.3%	0.982	$8.10	$11.00	—		—	$0.00	$1.65	—	—	—	—
Call · $35 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.743 UTC Last — Breakeven — Implied vol 62.3% Delta 0.982 ≈98% ITM Gamma 0.008 Theta -0.012 Vega 0.004 Open interest — OI effective date — Model this call Put · $35 Daily-bar session Unknown Quote as of 2026-09-04 19:55:12.934 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$7.00	$9.90	—		—	$0.00	$1.60	—	—	—	—
Call · $36 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.024 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $36 Daily-bar session Unknown Quote as of 2026-09-04 19:55:12.369 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	1	49.1%	0.98	$6.00	$9.10	$21.88		—	$0.00	$1.65	—	—	—	—
Call · $37 In the money Daily-bar session Jun 2, 2026 Quote as of 2026-09-04 19:55:18.865 UTC Last $21.88 Breakeven $58.88 Implied vol 49.1% Delta 0.98 ≈98% ITM Gamma 0.012 Theta -0.011 Vega 0.004 Open interest — OI effective date — Model this call Put · $37 Daily-bar session Unknown Quote as of 2026-09-04 19:55:10.522 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
30	36	50.8%	0.956	$5.00	$8.20	$6.10		—	$0.00	$1.75	—	—	—	—
Call · $38 In the money Daily-bar session Jul 30, 2026 Quote as of 2026-09-04 19:55:17.657 UTC Last $6.10 Breakeven $44.10 Implied vol 50.8% Delta 0.956 ≈96% ITM Gamma 0.022 Theta -0.019 Vega 0.008 Open interest 30 OI effective date Sep 3, 2026 Model this call Put · $38 Daily-bar session Unknown Quote as of 2026-09-04 19:55:09.744 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$4.10	$6.60	—		$2.30	$0.00	$1.80	—	—	2	10
Call · $39 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:15.169 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $39 Daily-bar session Jul 30, 2026 Quote as of 2026-09-04 19:55:08.725 UTC Last $2.30 Breakeven $36.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 OI effective date Sep 3, 2026 Model this put
4	1	—	—	$3.20	$5.60	$4.66		$1.25	$0.20	$1.95	-0.232	87.3%	1	11
Call · $40 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:55:13.587 UTC Last $4.66 Breakeven $44.66 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this call Put · $40 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:55:07.604 UTC Last $1.25 Breakeven $38.75 Implied vol 87.3% Delta -0.232 ≈23% ITM Gamma 0.042 Theta -0.085 Vega 0.026 Open interest 11 OI effective date Sep 3, 2026 Model this put
—	—	40.2%	0.87	$2.50	$5.00	—		—	$0.00	$2.10	—	—	—	—
Call · $41 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:11.088 UTC Last — Breakeven — Implied vol 40.2% Delta 0.87 ≈87% ITM Gamma 0.063 Theta -0.031 Vega 0.018 Open interest — OI effective date — Model this call Put · $41 Daily-bar session Unknown Quote as of 2026-09-04 19:55:07.472 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
4	1	54%	0.734	$1.80	$4.80	$1.59		$1.03	$0.45	$1.15	-0.269	54.9%	1	4
Call · $42 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:55:08.663 UTC Last $1.59 Breakeven $43.59 Implied vol 54% Delta 0.734 ≈73% ITM Gamma 0.072 Theta -0.06 Vega 0.028 Open interest 4 OI effective date Sep 3, 2026 Model this call Put · $42 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.109 UTC Last $1.03 Breakeven $40.97 Implied vol 54.9% Delta -0.269 ≈27% ITM Gamma 0.072 Theta -0.057 Vega 0.028 Open interest 4 OI effective date Sep 3, 2026 Model this put
—	1	46.1%	0.672	$1.10	$3.70	$7.52		—	$0.05	$2.70	-0.361	62.3%	—	—
Call · $43 In the money Daily-bar session Aug 12, 2026 Quote as of 2026-09-04 19:55:06.408 UTC Last $7.52 Breakeven $50.52 Implied vol 46.1% Delta 0.672 ≈67% ITM Gamma 0.093 Theta -0.057 Vega 0.03 Open interest — OI effective date — Model this call Put · $43 Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.691 UTC Last — Breakeven — Implied vol 62.3% Delta -0.361 ≈36% ITM Gamma 0.072 Theta -0.074 Vega 0.031 Open interest — OI effective date — Model this put
—	2	46.5%	0.571	$0.55	$3.10	$6.96		$2.00	$0.55	$3.10	-0.436	62.5%	1	1
Call · $44 In the money Daily-bar session May 12, 2026 Quote as of 2026-09-04 19:55:04.184 UTC Last $6.96 Breakeven $50.96 Implied vol 46.5% Delta 0.571 ≈57% ITM Gamma 0.101 Theta -0.061 Vega 0.033 Open interest — OI effective date — Model this call Put · $44 Daily-bar session Aug 26, 2026 Quote as of 2026-09-04 19:55:30.807 UTC Last $2.00 Breakeven $42.00 Implied vol 62.5% Delta -0.436 ≈44% ITM Gamma 0.075 Theta -0.077 Vega 0.033 Open interest 1 OI effective date Sep 3, 2026 Model this put
Underlying $44.47
3	2	46.8%	0.47	$0.05	$2.65	$5.86		$2.70	$1.15	$3.60	-0.511	63.4%	8	1
Call · $45 Daily-bar session Aug 4, 2026 Quote as of 2026-09-04 19:55:03.866 UTC Last $5.86 Breakeven $50.86 Implied vol 46.8% Delta 0.47 ≈47% ITM Gamma 0.101 Theta -0.062 Vega 0.033 Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $45 In the money Daily-bar session Aug 19, 2026 Quote as of 2026-09-04 19:55:04.607 UTC Last $2.70 Breakeven $42.30 Implied vol 63.4% Delta -0.511 ≈51% ITM Gamma 0.075 Theta -0.079 Vega 0.034 Open interest 1 OI effective date Sep 3, 2026 Model this put
1	1	—	—	$0.00	$2.35	$2.50		$4.24	$1.85	$4.20	-0.581	65.1%	2	2
Call · $46 Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:55:05.001 UTC Last $2.50 Breakeven $48.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $46 In the money Daily-bar session Jul 8, 2026 Quote as of 2026-09-04 19:55:07.431 UTC Last $4.24 Breakeven $41.76 Implied vol 65.1% Delta -0.581 ≈58% ITM Gamma 0.072 Theta -0.079 Vega 0.033 Open interest 2 OI effective date Sep 3, 2026 Model this put
10	10	—	—	$0.00	$2.10	$3.55		$3.74	$2.60	$5.00	-0.637	68.7%	1	2
Call · $47 Daily-bar session Aug 18, 2026 Quote as of 2026-09-04 19:55:06.560 UTC Last $3.55 Breakeven $50.55 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 OI effective date Sep 3, 2026 Model this call Put · $47 In the money Daily-bar session Aug 19, 2026 Quote as of 2026-09-04 19:59:55.654 UTC Last $3.74 Breakeven $43.26 Implied vol 68.7% Delta -0.637 ≈64% ITM Gamma 0.065 Theta -0.08 Vega 0.032 Open interest 2 OI effective date Sep 3, 2026 Model this put
3	3	—	—	$0.00	$1.90	$1.25		—	$3.40	$5.70	-0.692	70%	—	—
Call · $48 Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:55:07.640 UTC Last $1.25 Breakeven $49.25 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $48 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:11.739 UTC Last — Breakeven — Implied vol 70% Delta -0.692 ≈69% ITM Gamma 0.06 Theta -0.076 Vega 0.03 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.80	—		—	$3.50	$6.60	-0.785	59.9%	—	—
Call · $49 Daily-bar session Unknown Quote as of 2026-09-04 19:55:08.323 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $49 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:13.901 UTC Last — Breakeven — Implied vol 59.9% Delta -0.785 ≈79% ITM Gamma 0.058 Theta -0.053 Vega 0.025 Open interest — OI effective date — Model this put
2	1	—	—	$0.00	$1.70	$3.55		$3.53	$4.40	$7.50	-0.821	62.8%	1	1
Call · $50 Daily-bar session Aug 17, 2026 Quote as of 2026-09-04 19:55:09.095 UTC Last $3.55 Breakeven $53.55 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $50 In the money Daily-bar session Jun 25, 2026 Quote as of 2026-09-04 19:55:15.544 UTC Last $3.53 Breakeven $46.47 Implied vol 62.8% Delta -0.821 ≈82% ITM Gamma 0.05 Theta -0.049 Vega 0.022 Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$0.00	$1.65	—		—	$5.20	$8.40	-0.865	61.9%	—	—
Call · $51 Daily-bar session Unknown Quote as of 2026-09-04 19:55:09.901 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $51 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:17.841 UTC Last — Breakeven — Implied vol 61.9% Delta -0.865 ≈87% ITM Gamma 0.042 Theta -0.039 Vega 0.018 Open interest — OI effective date — Model this put
1	—	—	—	$0.00	$1.60	—		—	$6.10	$9.30	-0.899	61.7%	—	—
Call · $52 Daily-bar session Unknown Quote as of 2026-09-04 19:55:10.844 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $52 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:19.169 UTC Last — Breakeven — Implied vol 61.7% Delta -0.899 ≈90% ITM Gamma 0.034 Theta -0.031 Vega 0.015 Open interest — OI effective date — Model this put
4	2	—	—	$0.00	$1.60	$2.70		—	$7.10	$10.30	-0.905	67.2%	—	—
Call · $53 Daily-bar session Aug 17, 2026 Quote as of 2026-09-04 19:55:12.530 UTC Last $2.70 Breakeven $55.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this call Put · $53 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.123 UTC Last — Breakeven — Implied vol 67.2% Delta -0.905 ≈90% ITM Gamma 0.03 Theta -0.032 Vega 0.014 Open interest — OI effective date — Model this put
4	1	—	—	$0.00	$0.45	$0.30		—	$8.10	$11.30	-0.91	72.5%	—	—
Call · $54 Daily-bar session Aug 26, 2026 Quote as of 2026-09-04 19:55:13.152 UTC Last $0.30 Breakeven $54.30 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this call Put · $54 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:20.883 UTC Last — Breakeven — Implied vol 72.5% Delta -0.91 ≈91% ITM Gamma 0.027 Theta -0.033 Vega 0.014 Open interest — OI effective date — Model this put
3	2	—	—	$0.00	$1.55	$0.60		$4.65	$9.20	$12.20	-0.914	77.6%	1	1
Call · $55 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:55:14.274 UTC Last $0.60 Breakeven $55.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $55 In the money Daily-bar session Jun 3, 2026 Quote as of 2026-09-04 19:55:21.460 UTC Last $4.65 Breakeven $50.35 Implied vol 77.6% Delta -0.914 ≈91% ITM Gamma 0.024 Theta -0.034 Vega 0.013 Open interest 1 OI effective date Sep 3, 2026 Model this put
1	1	—	—	$0.00	$1.55	$8.00		$7.80	$10.20	$13.20	-0.918	82.6%	1	1
Call · $56 Daily-bar session Jun 15, 2026 Quote as of 2026-09-04 19:55:14.549 UTC Last $8.00 Breakeven $64.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $56 In the money Daily-bar session Jul 2, 2026 Quote as of 2026-09-04 19:55:21.890 UTC Last $7.80 Breakeven $48.20 Implied vol 82.6% Delta -0.918 ≈92% ITM Gamma 0.022 Theta -0.035 Vega 0.013 Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$0.00	$1.55	—		—	$11.00	$14.20	-0.945	78.2%	—	—
Call · $57 Daily-bar session Unknown Quote as of 2026-09-04 19:57:52.999 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $57 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:22.166 UTC Last — Breakeven — Implied vol 78.2% Delta -0.945 ≈95% ITM Gamma 0.017 Theta -0.023 Vega 0.009 Open interest — OI effective date — Model this put
2	1	—	—	$0.00	$1.55	$0.95		—	$12.00	$15.20	-0.947	82.6%	—	—
Call · $58 Daily-bar session Aug 13, 2026 Quote as of 2026-09-04 19:55:17.169 UTC Last $0.95 Breakeven $58.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $58 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:22.437 UTC Last — Breakeven — Implied vol 82.6% Delta -0.947 ≈95% ITM Gamma 0.016 Theta -0.023 Vega 0.009 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.55	—		—	$14.00	$17.20	-0.951	91%	—	—
Call · $60 Daily-bar session Unknown Quote as of 2026-09-04 19:55:19.440 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $60 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:22.918 UTC Last — Breakeven — Implied vol 91% Delta -0.951 ≈95% ITM Gamma 0.013 Theta -0.024 Vega 0.009 Open interest — OI effective date — Model this put
1	1	—	—	$0.00	$1.55	$2.92		—	$19.00	$22.20	—	—	—	—
Call · $65 Daily-bar session Jun 30, 2026 Quote as of 2026-09-04 19:55:21.616 UTC Last $2.92 Breakeven $67.92 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $65 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:23.249 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.55	—		—	$24.00	$27.20	—	—	—	—
Call · $70 Daily-bar session Unknown Quote as of 2026-09-04 19:55:22.907 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $70 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:23.416 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.55	—		—	$29.00	$32.20	—	—	—	—
Call · $75 Daily-bar session Unknown Quote as of 2026-09-04 19:55:23.532 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $75 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:23.470 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.55	—		—	$34.00	$37.20	—	—	—	—
Call · $80 Daily-bar session Unknown Quote as of 2026-09-04 19:55:23.881 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $80 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:23.528 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 · May 12, 2026–Sep 4, 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. The 25 strikes around the money are shown by default — switch to "All 33" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.