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USCF Daily Target 2X Copper Index ETF CPXR

i

Market dataready · fetched 2026-11-04T03:40:59.051Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-04T01:00:00.047588712Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-04T03:40:58.792689+00:00

Share price$29.50
1D-1.2%
AH$29.36$29.48$29.60$29.71$29.835:30 AM6:30 AM9:00 AM1:00 PM2:00 PMCPXR
Sold putSold callAH

USCF Daily Target 2X Copper Index ETF options

Live interpolated CPXR call and put midpoint premiums by absolute delta.USCF Daily Target 2X Copper Index ETF$0.38$1.24$2.11$2.98$3.84$24.21$26.74$29.26$31.78$34.3120Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive CPXR spot · $29.50CPXR PRICE$0.47$0.55$0.67$0.82$0.98$1.14$1.35$1.60$1.87$2.19$2.55$3.01$3.56$0.51$0.60$0.72$0.88$1.06$1.33$1.63$1.88$2.09$2.37$2.78$3.19$3.59
PutsCheap0.83×
CallsExpensive1.37×
SkewBullish-3.86 pp
Implied moveBearish±$2.98
TiltBearish4.3% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ34.0671.9%17.0%26.4367.5%12.1%
25Δ32.6361.7%12.5%27.3060.0%9.5%
30Δ31.8458.5%10.2%27.9555.5%7.7%
35Δ31.2958.3%8.8%28.4354.7%6.6%
40Δ30.7557.7%7.6%28.8954.2%5.7%
45Δ30.2556.6%6.4%29.3555.9%5.0%
50Δ29.7756.8%5.5%29.8158.4%4.5%
55Δ29.3158.0%4.8%30.2558.1%3.8%
60Δ28.8459.2%4.1%30.6955.9%3.1%
65Δ28.3460.0%3.5%31.1654.6%2.4%
70Δ27.8061.2%2.9%31.7155.3%2.0%
75Δ27.1963.3%2.4%32.2654.9%1.5%
80Δ26.4965.1%1.8%32.7953.3%1.0%

20Δ

Calls
Pseudo strike
34.06
IV
71.9%
B/E move
17.0%
Puts
Pseudo strike
26.43
IV
67.5%
B/E move
12.1%

25Δ

Calls
Pseudo strike
32.63
IV
61.7%
B/E move
12.5%
Puts
Pseudo strike
27.30
IV
60.0%
B/E move
9.5%

30Δ

Calls
Pseudo strike
31.84
IV
58.5%
B/E move
10.2%
Puts
Pseudo strike
27.95
IV
55.5%
B/E move
7.7%

35Δ

Calls
Pseudo strike
31.29
IV
58.3%
B/E move
8.8%
Puts
Pseudo strike
28.43
IV
54.7%
B/E move
6.6%

40Δ

Calls
Pseudo strike
30.75
IV
57.7%
B/E move
7.6%
Puts
Pseudo strike
28.89
IV
54.2%
B/E move
5.7%

45Δ

Calls
Pseudo strike
30.25
IV
56.6%
B/E move
6.4%
Puts
Pseudo strike
29.35
IV
55.9%
B/E move
5.0%

50Δ

Calls
Pseudo strike
29.77
IV
56.8%
B/E move
5.5%
Puts
Pseudo strike
29.81
IV
58.4%
B/E move
4.5%

55Δ

Calls
Pseudo strike
29.31
IV
58.0%
B/E move
4.8%
Puts
Pseudo strike
30.25
IV
58.1%
B/E move
3.8%

60Δ

Calls
Pseudo strike
28.84
IV
59.2%
B/E move
4.1%
Puts
Pseudo strike
30.69
IV
55.9%
B/E move
3.1%

65Δ

Calls
Pseudo strike
28.34
IV
60.0%
B/E move
3.5%
Puts
Pseudo strike
31.16
IV
54.6%
B/E move
2.4%

70Δ

Calls
Pseudo strike
27.80
IV
61.2%
B/E move
2.9%
Puts
Pseudo strike
31.71
IV
55.3%
B/E move
2.0%

75Δ

Calls
Pseudo strike
27.19
IV
63.3%
B/E move
2.4%
Puts
Pseudo strike
32.26
IV
54.9%
B/E move
1.5%

80Δ

Calls
Pseudo strike
26.49
IV
65.1%
B/E move
1.8%
Puts
Pseudo strike
32.79
IV
53.3%
B/E move
1.0%

Options history

IV · four-Friday blend62.75%
Daily EOD
CPXR58.4%89.8%121.2%2026-10-19: 103.06%2026-10-20: 104.74%2026-10-21: 88.69%2026-10-22: 93.96%2026-10-23: 115.69%2026-10-26: 99.19%2026-10-27: 97.99%2026-10-28: 105.39%2026-10-29: 116.85%2026-10-30: 62.75%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
103.06%
104.74%
88.69%
93.96%
115.69%
99.19%
97.99%
105.39%
116.85%
62.75%