SVOL Stock Summary and Trading Ideas (Simplify Volatility Premium ETF | ARCA:SVOL)

The Fund is an actively managed exchange-traded fund ( ETF ) that seeks daily investment results, before fees and expenses, that correspond to approximately one-fifth to three-tenths the inverse (-0.2x to -0.3x) of the performance of the S&P 500 VIX short-term futures index (the Index ) for a single day, not for any other period. In pursuing its investment objective, the Fund primarily purchases or sells futures contracts, call options, and put options on VIX futures. The Fund will hold cash, cash-like instruments or high-quality short term fixed income securities (collectively, Collateral ). The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) fixed income ETFs; and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by companies that are rated investment grade or of comparable quality. The Fund also applies an option overlay strategy in seeking to mitigate against extreme volatility.

Simplify Volatility Premium ETF trades on the ARCA stock market under the symbol SVOL.

As of October 3, 2024, SVOL stock price declined to $21.63 with 793,494 million shares trading.

SVOL has a beta of 0.64, meaning it tends to be less sensitive to market movements. SVOL has a correlation of 0.65 to the broad based SPY ETF.

SVOL has a market cap of $1.24 billion. This is considered a Small Cap stock.

In the last 3 years, SVOL traded as high as $28.41 and as low as $19.41.

SVOL has underperformed the market in the last year with a price return of +12.3% while the SPY ETF gained +34.5%. SVOL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.4% and -1.4%, respectively, while the SPY returned +3.7% and +1.5%, respectively.

SVOL support price is $21.66 and resistance is $21.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SVOL shares will trade within this expected range on the day.