Overlay Shares Short Term Bond ETF (OVT) Expected Move

Tracking the OVT expected move helps you see how far Overlay Shares Short Term Bond ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Overlay Shares Short Term Bond 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 OVT 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 OVT, 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 OVT 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 Overlay Shares Short Term Bond ETF is unlikely to go.

The fund is an actively-managed ETF that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of short-term, investment grade, U.S. dollar-denominated, fixed-rate taxable bonds with a dollar-weighted average maturity of no more than three years with a maximum maturity of five years or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.

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 OVT expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Overlay Shares Short Term Bond 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 OVT.