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VanEck High Yield Muni ETF HYD

i

Market dataready · fetched 2026-11-06T21:17:51.728Z

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 · 2026-11-06T21:10:03.561234929Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-06T21:17:51.300024+00:00

Share price$49.75
1D+0.7%
AH$49.50$49.61$49.71$49.81$49.925:30 AM6:30 AM9:00 AM1:00 PM2:00 PMHYD
Sold putSold callAH

VanEck High Yield Muni ETF options

Live interpolated HYD call and put midpoint premiums by absolute delta.VanEck High Yield Muni ETF$0.04$0.39$0.75$1.10$1.45$48.08$48.97$49.86$50.75$51.6420Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive HYD spot · $49.75HYD PRICE$0.08$0.10$0.12$0.14$0.20$0.35$0.49$0.64$0.78$0.92$1.07$1.21$1.35$0.11$0.15$0.18$0.22$0.26$0.30$0.33$0.37$0.44$0.59$0.75$0.91$1.06
PutsCheap0.66×
CallsCheap0.48×
SkewBearish+1.40 pp
Implied moveBullish±$0.83
TiltBullish13.5% CALL
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ50.597.1%1.8%49.039.7%1.7%
25Δ50.426.8%1.6%49.159.5%1.5%
30Δ50.266.4%1.3%49.289.2%1.3%
35Δ50.106.1%1.0%49.409.0%1.1%
40Δ49.936.0%0.8%49.538.7%1.0%
45Δ49.766.5%0.7%49.658.5%0.8%
50Δ49.587.0%0.6%49.788.2%0.6%
55Δ49.407.5%0.6%49.908.0%0.4%
60Δ49.238.0%0.5%50.047.9%0.3%
65Δ49.058.5%0.4%50.238.5%0.2%
70Δ48.879.0%0.4%50.419.1%0.2%
75Δ48.709.5%0.3%50.609.7%0.1%
80Δ48.5210.0%0.2%50.7810.3%0.1%

20Δ

Calls
Pseudo strike
50.59
IV
7.1%
B/E move
1.8%
Puts
Pseudo strike
49.03
IV
9.7%
B/E move
1.7%

25Δ

Calls
Pseudo strike
50.42
IV
6.8%
B/E move
1.6%
Puts
Pseudo strike
49.15
IV
9.5%
B/E move
1.5%

30Δ

Calls
Pseudo strike
50.26
IV
6.4%
B/E move
1.3%
Puts
Pseudo strike
49.28
IV
9.2%
B/E move
1.3%

35Δ

Calls
Pseudo strike
50.10
IV
6.1%
B/E move
1.0%
Puts
Pseudo strike
49.40
IV
9.0%
B/E move
1.1%

40Δ

Calls
Pseudo strike
49.93
IV
6.0%
B/E move
0.8%
Puts
Pseudo strike
49.53
IV
8.7%
B/E move
1.0%

45Δ

Calls
Pseudo strike
49.76
IV
6.5%
B/E move
0.7%
Puts
Pseudo strike
49.65
IV
8.5%
B/E move
0.8%

50Δ

Calls
Pseudo strike
49.58
IV
7.0%
B/E move
0.6%
Puts
Pseudo strike
49.78
IV
8.2%
B/E move
0.6%

55Δ

Calls
Pseudo strike
49.40
IV
7.5%
B/E move
0.6%
Puts
Pseudo strike
49.90
IV
8.0%
B/E move
0.4%

60Δ

Calls
Pseudo strike
49.23
IV
8.0%
B/E move
0.5%
Puts
Pseudo strike
50.04
IV
7.9%
B/E move
0.3%

65Δ

Calls
Pseudo strike
49.05
IV
8.5%
B/E move
0.4%
Puts
Pseudo strike
50.23
IV
8.5%
B/E move
0.2%

70Δ

Calls
Pseudo strike
48.87
IV
9.0%
B/E move
0.4%
Puts
Pseudo strike
50.41
IV
9.1%
B/E move
0.2%

75Δ

Calls
Pseudo strike
48.70
IV
9.5%
B/E move
0.3%
Puts
Pseudo strike
50.60
IV
9.7%
B/E move
0.1%

80Δ

Calls
Pseudo strike
48.52
IV
10.0%
B/E move
0.2%
Puts
Pseudo strike
50.78
IV
10.3%
B/E move
0.1%

Options history

IV · four-Friday blend11.21%
Daily close
HYD10.4%12.3%14.1%2026-09-17: 10.66%2026-09-24: 10.69%2026-09-25: 10.64%2026-09-28: 13.88%2026-09-29: 13.84%2026-10-01: 12.41%2026-10-05: 11.31%2026-10-22: 11.21%Sep 17Sep 28Oct 22
8 observations2026-09-17 — 2026-10-22
Table
DateIV (%)
10.66%
10.69%
10.64%
13.88%
13.84%
12.41%
11.31%
11.21%