UPAR · UPAR Ultra Risk Parity ETF ETF

Alerts for UPAR

$16.37 -0.06 (-0.35%) At close · Sep 4

Options Chain

Underlying $16.37 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 13 days to expiry · 18 contracts · mixed daily-bar sessions · Aug 13, 2026; 17 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

$17.00

$0.63 above spot

ATM implied vol

26.4%

market's expected move

Open interest by strike

Calls Puts

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 13d Oct 16 41d Dec 18 104d Mar 19 195d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	73.4%	0.959	$2.55	$4.30	—		—	$0.00	$0.40	—	—	—	—
Call · $13 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.760 UTC Last — Breakeven — Implied vol 73.4% Delta 0.959 ≈96% ITM Gamma 0.039 Theta -0.009 Vega 0.003 Open interest — OI effective date — Model this call Put · $13 Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.759 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	53.2%	0.947	$1.55	$3.30	—		—	$0.00	$0.40	—	—	—	—
Call · $14 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.761 UTC Last — Breakeven — Implied vol 53.2% Delta 0.947 ≈95% ITM Gamma 0.065 Theta -0.008 Vega 0.003 Open interest — OI effective date — Model this call Put · $14 Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.760 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	26.4%	0.965	$0.55	$2.25	—		—	$0.00	$0.40	—	—	—	—
Call · $15 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.759 UTC Last — Breakeven — Implied vol 26.4% Delta 0.965 ≈96% ITM Gamma 0.096 Theta -0.004 Vega 0.002 Open interest — OI effective date — Model this call Put · $15 Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.761 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.25	—		—	$0.00	$0.75	—	—	—	—
Call · $16 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.758 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $16 Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.761 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
Underlying $16.37
1	1	—	—	$0.00	$0.40	$0.20		—	$0.00	$1.45	—	—	—	—
Call · $17 Daily-bar session Aug 13, 2026 Quote as of 2026-09-04 19:58:35.760 UTC Last $0.20 Breakeven $17.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $17 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:55.264 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.40	—		—	$0.75	$2.45	—	—	—	—
Call · $18 Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.758 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 19:59:55.264 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.40	—		—	$1.75	$3.60	-0.911	56%	—	—
Call · $19 Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.760 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 19:58:35.768 UTC Last — Breakeven — Implied vol 56% Delta -0.911 ≈91% ITM Gamma 0.093 Theta -0.009 Vega 0.005 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.40	—		—	$2.75	$4.60	-0.925	70.2%	—	—
Call · $20 Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.761 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 19:58:35.762 UTC Last — Breakeven — Implied vol 70.2% Delta -0.925 ≈92% ITM Gamma 0.066 Theta -0.01 Vega 0.004 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.40	—		—	$3.70	$5.60	-0.951	76.3%	—	—
Call · $21 Daily-bar session Unknown Quote as of 2026-09-04 19:58:35.761 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 19:58:35.762 UTC Last — Breakeven — Implied vol 76.3% Delta -0.951 ≈95% ITM Gamma 0.043 Theta -0.007 Vega 0.003 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 13, 2026; 17 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.