VegaShares SPX NDX RTY Premium Income ETF (ODTE)Derivative Income | Exchange Traded Fund | NasdaqGM
26.54 USD
-0.31
(-1.140%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 2:57 a.m. EDT
This new ETF is a pure-play on volatility harvesting via covered calls on major indices, not a traditional equity investment. The price action shows the fund trading flat near its 50-day average, offering no immediate momentum edge for a swing trade. While the recent dividend stream is robust and frequent, providing a steady cash flow, the underlying strategy caps upside potential during rallies. The options data confirms this: traders are buying OTM calls to profit from index spikes, not holding the ETF for capital appreciation. For a long-term holder, the lack of historical price trajectory makes it impossible to assess structural durability, so it remains a neutral hold until the strategy proves its resilience over multiple market cycles. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.012371 |
| AutoETS | 0.012881 |
| AutoTheta | 0.017442 |
| AutoARIMA | 0.061384 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 63% |
| H-stat | 0.57 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.374 |
| Excess Kurtosis | -0.79 |
| Attribute | Value |
|---|---|
| Trailing P/E | 26.36 |
As of July 11, 2026, 2:57 a.m. EDT: Speculators are positioning for elevated volatility rather than directional moves. Open interest is heavily skewed toward out-of-the-money calls (100 contracts vs zero in-the-money), suggesting bets on a spike in the underlying indices (SPX/NDX/RTY) rather than a specific price target for the ETF itself. The lack of put activity indicates no hedging demand against a crash.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-09 | 0.073 | 0.272490 |
| 2026-07-02 | 0.072 | 0.269461 |
| 2026-06-25 | 0.070 | 0.261194 |
| 2026-06-18 | 0.073 | 0.268185 |
| 2026-06-11 | 0.074 | 0.274684 |
| 2026-06-04 | 0.073 | 0.263158 |
| 2026-05-28 | 0.073 | 0.263538 |
| 2026-05-21 | 0.071 | 0.262963 |
| 2026-05-14 | 0.075 | 0.272926 |
| 2026-05-07 | 0.074 | 0.273063 |
| 2026-04-30 | 0.073 | 0.271375 |
| 2026-04-23 | 0.073 | 0.274643 |
| 2026-04-16 | 0.073 | 0.275576 |
| Attribute | Value |
|---|---|
| All Time High | 27.94 |
| All Time Low | 24.81 |
| Average Daily Volume10 Day | 9,090 |
| Average Daily Volume3 Month | 5,944 |
| Average Volume | 5,944 |
| Average Volume10Days | 9,090 |
| Beta3 Year | 0.0 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.71 |
| Day Low | 26.5398 |
| Eps Trailing Twelve Months | 1.0067723 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.122 |
| Fifty Day Average Change | -0.5821991 |
| Fifty Day Average Change Percent | -0.021465935 |
| Fifty Two Week Change Percent | 5.863583 |
| Fifty Two Week High | 27.94 |
| Fifty Two Week High Change | -1.4001999 |
| Fifty Two Week High Change Percent | -0.050114527 |
| Fifty Two Week Low | 24.81 |
| Fifty Two Week Low Change | 1.7298012 |
| Fifty Two Week Low Change Percent | 0.06972194 |
| Fifty Two Week Range | 24.81 - 27.94 |
| First Trade Date Milliseconds | 1,775,136,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Vega Capital Partners LLC |
| Fund Inception Date | 1,775,001,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,026-04-02 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund has adopted a non-fundamental investment policy that, under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the constituents of the S&P 500® Index, Nasdaq-100 Index®, and/or (iii) Russell 2000® Index and/or instruments linked to the constituents of these indexes. The fund is non-diversified. |
| Long Name | VegaShares SPX NDX RTY Premium Income ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1977518235 |
| Nav Price | 26.8185 |
| Net Assets | 2,714,870.0 |
| Net Expense Ratio | 0.76 |
| Open | 26.62 |
| Previous Close | 26.8458 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.30599976 |
| Regular Market Change Percent | -1.1398422 |
| Regular Market Day High | 26.71 |
| Regular Market Day Low | 26.5398 |
| Regular Market Day Range | 26.5398 - 26.71 |
| Regular Market Open | 26.62 |
| Regular Market Previous Close | 26.8458 |
| Regular Market Price | 26.5398 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 7,060 |
| Short Name | VegaShares SPX NDX RTY Premium |
| Source Interval | 15 |
| Symbol | ODTE |
| Total Assets | 2,714,870 |
| Tradeable | 0 |
| Trailing P E | 26.361275 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 26.885218 |
| Two Hundred Day Average Change | -0.34541702 |
| Two Hundred Day Average Change Percent | -0.012847842 |
| Type Disp | ETF |
| Volume | 7,060 |