Militia Long/Short Equity ETF

ORRNASDAQ · USD
38.37USD0.00 (-0.97%)

Militia Long/Short Equity ETF (ORR) Options Open Interest

ORR options open interest is 5,560 contracts. The 2-week average daily volume is 63 contracts across the chain.

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Monitoring ORR open interest helps you see where real money is positioned on Militia Long/Short Equity ETF's options and which strikes are attracting the most commitment from traders. Militia Long/Short Equity ETF's open interest reflects the total number of outstanding contracts that have not been closed or exercised, making it a powerful gauge of liquidity, conviction, and potential support and resistance zones. Use our scanner to monitor ORR options open interest in real time and find the strikes that matter.

Open interest is distinct from volume: volume counts how many contracts are traded in a session, while open interest counts how many remain open at the end of the day. Rising ORR options open interest alongside rising volume suggests new positions are being built, while falling open interest signals positions are being closed. Heavy open interest at specific strikes often acts as a magnet near expiration and can hint at where dealers and large traders expect Militia Long/Short Equity ETF to settle.

ORR is an actively managed ETF aiming for capital appreciation through both long and short equity positions. The long portfolio targets undervalued or growth potential equities, with a focus on developed markets. Long positions may exceed 100% of net assets, capped typically at 150%. Short positions focus on U.S.-listed companies and ETFs expected to decline, influenced by declining future cash flow projections. ORR can have short exposure up to 100% and may include inverse or leveraged ETFs. The fund actively trades positions, resulting in high annual portfolio turnover. The portfolio may also short foreign currencies through currency forward contracts to manage risk.

Pin risk into expiration, dealer positioning, liquidity checks for large orders — all of it starts with knowing where ORR open interest is concentrated. Our scanner maps Militia Long/Short Equity ETF's open interest across every strike and expiry, flags unusual buildups, and lets you drill into the contracts that institutional money is actually holding. Trade Militia Long/Short Equity ETF's options open interest as the signal it is, not as an afterthought.

2026-10-16
Calls
38.000.651.100.8815%+0.632533
39.000.250.550.4015%+0.37874
20.0016.8019.9018.3520%+1.00000
21.0015.9018.9017.4019%+1.00000
22.0014.9017.9016.4018%+1.00000
Puts
37.001.001.0040%-0.3389197
38.000.250.500.3814%-0.36395
35.000.150.1528%-0.10284
20.001.401.40236%-0.09060
21.001.401.40222%-0.09660

As of September 18, 2026

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Track ORR open interest across every strike and expiration, identify where conviction is building, and trade with the positioning data on your side.

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