null Option on MicroSectors FANG ETN

FNGS Etf  USD 64.99  0.15  0.23%   
MicroSectors FANG's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.33 with a put-to-call open interest ratio of 0.59 over 48 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on September 19th 2025. The total put volume is at 2.0.

Open Interest Against September 19th 2025 Option Contracts

MicroSectors FANG option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in MicroSectors FANG's lending market. For example, when MicroSectors FANG's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on MicroSectors FANG, he or she must hedge the risk by shorting MicroSectors FANG stock over its option's life.
The chart above shows MicroSectors FANG's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. MicroSectors FANG's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for MicroSectors FANG's option, there is no secondary market available for investors to trade.

MicroSectors FANG Maximum Pain Price Across 2025-09-19 Option Contracts

Max pain occurs when MicroSectors FANG's market makers reach a net positive position across all MicroSectors FANG's options at a strike price where option holders stand to lose the most money. By contrast, MicroSectors FANG's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on MicroSectors FANG

Analyzing MicroSectors FANG's in-the-money options over time can help investors to take a profitable long position in MicroSectors FANG regardless of its overall volatility. This is especially true when MicroSectors FANG's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money MicroSectors FANG's options could be used as guardians of the underlying stock as they move almost dollar for dollar with MicroSectors FANG's stock while costing only a fraction of its price.

MicroSectors FANG ETN In The Money Call Balance

When MicroSectors FANG's strike price is surpassing the current stock price, the option contract against MicroSectors FANG ETN stock is said to be in the money. When it comes to buying MicroSectors FANG's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on MicroSectors FANG ETN are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

MicroSectors Current Options Market Mood

MicroSectors FANG's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps MicroSectors Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of MicroSectors FANG's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. MicroSectors FANG's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current MicroSectors contract

Base on the Rule 16, the options market is currently suggesting that MicroSectors FANG ETN will have an average daily up or down price movement of about 0.0206% per day over the life of the 2025-09-19 option contract. With MicroSectors FANG trading at USD 64.99, that is roughly USD 0.0134. If you think that the market is fully incorporating MicroSectors FANG's daily price movement you should consider buying MicroSectors FANG ETN options at the current volatility level of 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing MicroSectors FANG options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" MicroSectors calls. Remember, the seller must deliver MicroSectors FANG ETN stock to the call owner when a call is exercised.

MicroSectors FANG Option Chain

When MicroSectors FANG's strike price is surpassing the current stock price, the option contract against MicroSectors FANG ETN stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
MicroSectors FANG's option chain is a display of a range of information that helps investors for ways to trade options on MicroSectors. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for MicroSectors. It also shows strike prices and maturity days for a MicroSectors FANG against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
FNGS250919C000680003668.01.25 - 1.51.59Out
Call
FNGS250919C00067000667.01.65 - 1.91.97Out
Call
FNGS250919C00066000566.02.15 - 2.452.47Out
Call
FNGS250919C000650001565.02.7 - 3.02.75Out
Call
FNGS250919C000640001964.03.3 - 3.63.3In
Call
FNGS250919C000630002163.03.9 - 4.34.21In
Call
FNGS250919C00062000862.04.6 - 5.15.06In
Call
FNGS250919C00061000361.05.4 - 5.86.17In
Call
FNGS250919C00060000460.06.2 - 6.64.87In
Call
FNGS250919C00059000359.07.0 - 7.56.19In
Call
FNGS250919C00058000558.07.9 - 8.37.9In
Call
FNGS250919C00057000657.08.7 - 9.38.1In
Call
FNGS250919C000560001056.09.6 - 10.17.78In
Call
FNGS250919C00055000755.010.5 - 11.011.13In
Call
FNGS250919C00054000554.011.4 - 11.98.78In
Call
FNGS250919C00053000253.012.3 - 13.812.3In
Call
FNGS250919C00052000652.013.3 - 14.013.3In
Call
FNGS250919C000500001250.015.2 - 15.715.2In
Call
FNGS250919C00049000649.016.2 - 16.816.2In
Call
FNGS250919C00048000248.017.1 - 17.617.1In
Call
FNGS250919C00047000347.018.1 - 18.815.73In
 Put
FNGS250919P00042000542.00.0 - 0.20.2Out
 Put
FNGS250919P00043000143.00.0 - 0.20.2Out
 Put
FNGS250919P00044000144.00.0 - 0.250.25Out
 Put
FNGS250919P00045000645.00.0 - 0.250.25Out
 Put
FNGS250919P000460001246.00.0 - 0.20.65Out
 Put
FNGS250919P000470001247.00.0 - 0.20.27Out
 Put
FNGS250919P00048000248.00.0 - 0.350.35Out
 Put
FNGS250919P00049000149.00.05 - 0.350.05Out
 Put
FNGS250919P00050000250.00.05 - 0.30.21Out
 Put
FNGS250919P00051000151.00.1 - 0.350.2Out
 Put
FNGS250919P000520001052.00.2 - 0.41.25Out
 Put
FNGS250919P000530002153.00.2 - 0.450.4Out
 Put
FNGS250919P00054000254.00.25 - 0.550.25Out
 Put
FNGS250919P00055000355.00.35 - 0.60.45Out
 Put
FNGS250919P00056000156.00.45 - 0.651.65Out
 Put
FNGS250919P000570001257.00.55 - 0.750.87Out
 Put
FNGS250919P00058000558.00.6 - 0.90.95Out
 Put
FNGS250919P00059000459.00.8 - 0.950.92Out
 Put
FNGS250919P00060000560.00.95 - 1.151.05Out
 Put
FNGS250919P00061000361.01.15 - 1.353.09Out
 Put
FNGS250919P00062000062.01.35 - 1.61.35Out
 Put
FNGS250919P00063000063.01.65 - 1.91.65Out
 Put
FNGS250919P00064000064.01.95 - 2.21.95Out
 Put
FNGS250919P00065000065.02.35 - 2.62.35Out
 Put
FNGS250919P00066000066.02.75 - 3.12.75In
 Put
FNGS250919P00067000067.03.3 - 3.63.3In
 Put
FNGS250919P00068000068.03.7 - 4.33.7In

When determining whether MicroSectors FANG ETN is a strong investment it is important to analyze MicroSectors FANG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MicroSectors FANG's future performance. For an informed investment choice regarding MicroSectors Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors FANG ETN. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of MicroSectors FANG ETN is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.