Invesco Solar ETF (TAN · ETF)
Overview · Option chain · Volatility · Expected-move history
Cboe delayed options data · as of 18:44 UTC · Figures derived from the full chain (538 contracts, 6 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±9.9% (range 37.16–45.31) by Nov 20, 2026. ATM straddle: 4.08 @ strike 41 · ATM IV: 41.7%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 37.12 | -10% | 78.6% | 21.4% |
| 39.18 | -5% | 63.8% | 36.2% |
| 41.24 | +0% | 47.5% | 52.5% |
| 43.30 | +5% | 32.4% | 67.6% |
| 45.36 | +10% | 20.2% | 79.8% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Nov 20, 2026 | 32 | ±9.9% | 41.7% | 13.0K |
| Dec 18, 2026 | 60 | ±13.0% | 39.8% | 10 |
| Jan 15, 2027 | 88 | ±15.2% | 38.8% | 21.1K |
| Apr 16, 2027 | 179 | ±21.9% | 39.2% | 700 |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 47 C · 3,44055 C · 1,30150 C · 62255 P · 39640 P · 393
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 15 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 93.3% of the time.
About Invesco Solar ETF
The Invesco Solar ETF (TAN) seeks to mirror the performance of the MAC Global Solar Energy Index. To achieve this, the Fund commits a minimum of 90% of its total capital to the various equity instruments, including ordinary shares, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs), that make up its underlying benchmark. This particular index is comprised solely of companies operating within the solar energy industry. The index's performance is computed on a net return basis, which accounts for the withholding of relevant taxes for investors not residing in the country of origin. Both the ETF's holdings and the benchmark index are adjusted and rebalanced every quarter.
ETF · Asset Management · AMEX · Profile: Financial Modeling Prep
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