VegaShares SPX NDX RTY Premium Income ETF (ODTE) Historical Volatility

Tracking ODTE historical volatility helps you see how much VegaShares SPX NDX RTY Premium Income ETF's stock price has actually moved, giving you a baseline for whether option premiums look fair, cheap, or expensive. While implied volatility shows what the market expects, ODTE's HV, also known as realized volatility, shows what actually happened. Use our scanner to monitor ODTE 30 day historical volatility alongside longer lookback windows and spot the moments when realized and implied diverge.

Historical volatility is the annualized standard deviation of a stock's past returns, typically measured over rolling windows like 10, 20, 30, or 60 days. ODTE's 30 day historical volatility, or ODTE HV, is one of the most widely watched readings because it balances responsiveness with stability. Comparing ODTE's HV to its implied volatility reveals the volatility risk premium. When IV sits well above HV, options are pricing in more movement than the stock has actually delivered, giving option sellers an edge. When HV runs hot relative to IV, options are pricing in less movement than the stock has delivered, and buyers may be underpaying for it.

ODTE actively purses a covered call strategy using the S&P 500, Nasdaq-100 and Russell 2000 Indexes. The investment strategy utilizes a quantitative framework to actively adjust allocations and covered call exposure across the three indexes based on market volatility, liquidity and expected returns. Long exposure to the indexes is achieved either through direct investments, index-tracking ETFs, or synthetic positions created with deep in-the-money call options. The fund sells short-term, zero or one day-to-expiration, out-of-the-money index call options to collect premiums and distribute weekly income.