UTES · Virtus Reaves Utilities ETF ETF

Alerts for UTES

$76.17 +0.98 (+1.30%) At close · Sep 4

Options Chain

Underlying $76.17 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 13 days to expiry · 56 contracts · mixed daily-bar sessions · Feb 5, 2026–Aug 25, 2026; 36 unknown

Put / call OI

0.11

Call-heavy positioning

Open interest

1,366

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$75.00

$1.17 below spot

ATM implied vol

33.2%

market's expected move

Open interest by strike

Calls Puts

100

105

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
1	1	—	—	$24.00	$27.00	$25.00		—	$0.00	$1.95	—	—	—	—
Call · $50 In the money Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:59:58.284 UTC Last $25.00 Breakeven $75.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $50 Daily-bar session Unknown Quote as of 2026-09-04 19:59:33.517 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	1	—	—	$19.00	$22.00	$20.00		—	$0.00	$1.95	—	—	—	—
Call · $55 In the money Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:55:24.191 UTC Last $20.00 Breakeven $75.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $55 Daily-bar session Unknown Quote as of 2026-09-04 19:59:37.134 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
40	1	—	—	$14.00	$17.00	$21.50		—	$0.00	$2.00	—	—	—	—
Call · $60 In the money Daily-bar session May 28, 2026 Quote as of 2026-09-04 19:55:13.184 UTC Last $21.50 Breakeven $81.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 40 OI effective date Sep 3, 2026 Model this call Put · $60 Daily-bar session Unknown Quote as of 2026-09-04 19:59:36.429 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$9.10	$12.50	—		$1.00	$0.00	$1.95	—	—	2	2
Call · $65 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.284 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $65 Daily-bar session Feb 5, 2026 Quote as of 2026-09-04 19:59:35.723 UTC Last $1.00 Breakeven $64.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this put
10	1	—	—	$4.00	$7.60	$11.20		—	$0.00	$2.00	—	—	—	—
Call · $70 In the money Daily-bar session Jul 8, 2026 Quote as of 2026-09-04 19:59:58.827 UTC Last $11.20 Breakeven $81.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 OI effective date Sep 3, 2026 Model this call Put · $70 Daily-bar session Unknown Quote as of 2026-09-04 19:59:35.016 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$3.10	$6.50	—		—	$0.00	$2.00	—	—	—	—
Call · $71 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.530 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $71 Daily-bar session Unknown Quote as of 2026-09-04 19:59:34.883 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	2	—	—	$2.30	$5.80	$12.10		—	$0.00	$2.10	—	—	—	—
Call · $72 In the money Daily-bar session Mar 19, 2026 Quote as of 2026-09-04 19:59:58.284 UTC Last $12.10 Breakeven $84.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $72 Daily-bar session Unknown Quote as of 2026-09-04 19:59:34.746 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	11.1%	0.983	$1.35	$5.20	—		—	$0.00	$2.15	—	—	—	—
Call · $73 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.059 UTC Last — Breakeven — Implied vol 11.1% Delta 0.983 ≈98% ITM Gamma 0.027 Theta -0.01 Vega 0.006 Open interest — OI effective date — Model this call Put · $73 Daily-bar session Unknown Quote as of 2026-09-04 19:59:34.629 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	10.1%	0.945	$0.60	$4.00	—		$1.60	$0.00	$2.20	—	—	1	1
Call · $74 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.284 UTC Last — Breakeven — Implied vol 10.1% Delta 0.945 ≈95% ITM Gamma 0.077 Theta -0.013 Vega 0.016 Open interest — OI effective date — Model this call Put · $74 Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:47.205 UTC Last $1.60 Breakeven $72.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
1	40	—	—	$0.00	$3.00	$11.00		$1.50	$0.00	$2.65	—	—	2	127
Call · $75 In the money Daily-bar session May 4, 2026 Quote as of 2026-09-04 19:59:58.281 UTC Last $11.00 Breakeven $86.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $75 Daily-bar session Aug 19, 2026 Quote as of 2026-09-04 19:59:34.383 UTC Last $1.50 Breakeven $73.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 127 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$0.00	$2.85	—		—	$0.00	$3.10	—	—	—	—
Call · $76 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.281 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $76 Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.211 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
Underlying $76.17
—	—	—	—	$0.00	$2.50	—		—	$1.00	$3.60	-0.548	33.2%	—	—
Call · $77 Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.282 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $77 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.266 UTC Last — Breakeven — Implied vol 33.2% Delta -0.548 ≈55% ITM Gamma 0.083 Theta -0.068 Vega 0.057 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$2.25	—		—	$0.90	$4.40	-0.653	28.3%	—	—
Call · $78 Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.281 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $78 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.437 UTC Last — Breakeven — Implied vol 28.3% Delta -0.653 ≈65% ITM Gamma 0.091 Theta -0.053 Vega 0.053 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$2.10	—		—	$1.80	$5.30	-0.708	32.2%	—	—
Call · $79 Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.066 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $79 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:56.536 UTC Last — Breakeven — Implied vol 32.2% Delta -0.708 ≈71% ITM Gamma 0.074 Theta -0.055 Vega 0.049 Open interest — OI effective date — Model this put
586	10	—	—	$0.00	$2.05	$0.40		—	$2.70	$6.20	-0.753	35.4%	—	—
Call · $80 Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:59:58.280 UTC Last $0.40 Breakeven $80.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 586 OI effective date Sep 3, 2026 Model this call Put · $80 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:05.539 UTC Last — Breakeven — Implied vol 35.4% Delta -0.753 ≈75% ITM Gamma 0.062 Theta -0.056 Vega 0.045 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$2.00	—		—	$3.60	$7.00	-0.798	36.6%	—	—
Call · $81 Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.282 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $81 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:06.613 UTC Last — Breakeven — Implied vol 36.6% Delta -0.798 ≈80% ITM Gamma 0.053 Theta -0.05 Vega 0.04 Open interest — OI effective date — Model this put
20	21	—	—	$0.00	$1.95	$3.60		$5.80	$4.70	$8.00	-0.807	42.4%	10	—
Call · $82 Daily-bar session Jun 17, 2026 Quote as of 2026-09-04 19:59:58.282 UTC Last $3.60 Breakeven $85.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 20 OI effective date Sep 3, 2026 Model this call Put · $82 In the money Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:55:07.881 UTC Last $5.80 Breakeven $76.20 Implied vol 42.4% Delta -0.807 ≈81% ITM Gamma 0.045 Theta -0.057 Vega 0.039 Open interest — OI effective date — Model this put
—	3	—	—	$0.00	$2.00	$4.10		—	$5.50	$9.00	-0.836	43.9%	—	—
Call · $83 Daily-bar session Jun 18, 2026 Quote as of 2026-09-04 19:59:58.282 UTC Last $4.10 Breakeven $87.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $83 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:08.530 UTC Last — Breakeven — Implied vol 43.9% Delta -0.836 ≈84% ITM Gamma 0.039 Theta -0.053 Vega 0.036 Open interest — OI effective date — Model this put
30	3	—	—	$0.00	$1.95	$1.72		—	$6.60	$10.00	-0.839	49.4%	—	—
Call · $84 Daily-bar session Jul 17, 2026 Quote as of 2026-09-04 19:59:58.281 UTC Last $1.72 Breakeven $85.72 Implied vol — Delta — Gamma — Theta — Vega — Open interest 30 OI effective date Sep 3, 2026 Model this call Put · $84 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:09.096 UTC Last — Breakeven — Implied vol 49.4% Delta -0.839 ≈84% ITM Gamma 0.034 Theta -0.06 Vega 0.035 Open interest — OI effective date — Model this put
11	3	—	—	$0.00	$1.95	$0.75		—	$7.60	$11.00	-0.848	53.3%	—	—
Call · $85 Daily-bar session Jul 29, 2026 Quote as of 2026-09-04 19:59:58.281 UTC Last $0.75 Breakeven $85.75 Implied vol — Delta — Gamma — Theta — Vega — Open interest 11 OI effective date Sep 3, 2026 Model this call Put · $85 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:09.543 UTC Last — Breakeven — Implied vol 53.3% Delta -0.848 ≈85% ITM Gamma 0.031 Theta -0.062 Vega 0.034 Open interest — OI effective date — Model this put
1	1	—	—	$0.00	$1.95	$2.15		—	$9.00	$12.00	-0.83	62.9%	—	—
Call · $86 Daily-bar session May 22, 2026 Quote as of 2026-09-04 19:59:58.281 UTC Last $2.15 Breakeven $88.15 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $86 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:10.065 UTC Last — Breakeven — Implied vol 62.9% Delta -0.83 ≈83% ITM Gamma 0.028 Theta -0.081 Vega 0.036 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.95	—		—	$9.60	$13.00	-0.862	60.8%	—	—
Call · $87 Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.281 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $87 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:11.106 UTC Last — Breakeven — Implied vol 60.8% Delta -0.862 ≈86% ITM Gamma 0.025 Theta -0.066 Vega 0.032 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.95	—		—	$10.50	$14.00	-0.875	62.8%	—	—
Call · $88 Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.281 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $88 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:11.779 UTC Last — Breakeven — Implied vol 62.8% Delta -0.875 ≈87% ITM Gamma 0.023 Theta -0.064 Vega 0.03 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$2.00	—		—	$11.60	$15.00	-0.873	67.9%	—	—
Call · $89 Daily-bar session Unknown Quote as of 2026-09-04 19:59:58.281 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $89 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:12.205 UTC Last — Breakeven — Implied vol 67.9% Delta -0.873 ≈87% ITM Gamma 0.021 Theta -0.07 Vega 0.03 Open interest — OI effective date — Model this put
516	1	—	—	$0.00	$1.95	$0.50		—	$12.50	$16.00	-0.884	69.6%	—	—
Call · $90 Daily-bar session Aug 17, 2026 Quote as of 2026-09-04 19:59:58.282 UTC Last $0.50 Breakeven $90.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 516 OI effective date Sep 3, 2026 Model this call Put · $90 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:12.545 UTC Last — Breakeven — Implied vol 69.6% Delta -0.884 ≈88% ITM Gamma 0.02 Theta -0.067 Vega 0.028 Open interest — OI effective date — Model this put
1	8	—	—	$0.00	$1.95	$1.67		—	$17.60	$21.00	-0.894	87.3%	—	—
Call · $95 Daily-bar session Mar 6, 2026 Quote as of 2026-09-04 19:59:58.280 UTC Last $1.67 Breakeven $96.67 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $95 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:13.657 UTC Last — Breakeven — Implied vol 87.3% Delta -0.894 ≈89% ITM Gamma 0.015 Theta -0.079 Vega 0.026 Open interest — OI effective date — Model this put
13	13	—	—	$0.00	$1.35	$1.32		—	$22.70	$26.00	-0.9	103.9%	—	—
Call · $100 Daily-bar session Feb 12, 2026 Quote as of 2026-09-04 19:59:58.280 UTC Last $1.32 Breakeven $101.32 Implied vol — Delta — Gamma — Theta — Vega — Open interest 13 OI effective date Sep 3, 2026 Model this call Put · $100 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:56.739 UTC Last — Breakeven — Implied vol 103.9% Delta -0.9 ≈90% ITM Gamma 0.012 Theta -0.091 Vega 0.025 Open interest — OI effective date — Model this put
4	2	—	—	$0.00	$0.40	$0.90		—	$28.00	$31.00	—	—	—	—
Call · $105 Daily-bar session Mar 19, 2026 Quote as of 2026-09-04 19:59:58.284 UTC Last $0.90 Breakeven $105.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this call Put · $105 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:14.549 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 · Feb 5, 2026–Aug 25, 2026; 36 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.