Hashdex Nasdaq CME Crypto Index ETF (NCIQ) Expected Move

Tracking the NCIQ expected move helps you see how far Hashdex Nasdaq CME Crypto Index ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Hashdex Nasdaq CME Crypto Index ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the NCIQ expected move for this week's options, in real time.

The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For NCIQ, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The NCIQ expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Hashdex Nasdaq CME Crypto Index ETF is unlikely to go.

NCIQ tracks an index reflecting the two most well-known crypto assets, bitcoin (BTH) and ether (ETH). To achieve its investment objective, the fund will not utilize leverage or derivatives and instead invests directly in spot bitcoin and spot ether. It will also maintain cash balances to cover its expenses. The fund employs a market cap-weighted strategy and allocates its assets to both the cryptocurrencies in the same proportions as the index. It will not invest in crypto securities, tokenized assets, or stablecoins. Note that the fund is riskier than other ETPs indirectly holding digital assets because of the high price volatility of crypto asset markets.

Additionally, the funds underlying index has a rules-based methodology which has the possibility of including more assets in the future depending on SEC approval. The index is rebalanced quarterly.

Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the NCIQ expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Hashdex Nasdaq CME Crypto Index ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about NCIQ.