DXYZ and RVI got listed options last month. VCX have had them for longer. These tickers have overlapping baskets of holdings. I have mentioned the spot side of things [here](https://www.reddit.com/r/stocks/comments/1umk6jk/current_state_of_private_basket_tickers/) with some significant traded price to NAV dislocations. We can also look at how the options IV side of things look. These funds have to report their updated asset valuation marks and NAV per share quarterly within 60 days. That date is August 29th for Q2 and is the closest equivalent of an earnings report for a company. So keep that date in mind to consider any event vol pricing in the term structure. The following table lists the IV at the close on Thursday. These tickers are worth looking at to structure some options plays. Everyone will probably have their own ideas around them. Have fun!
|ATM IV|July 17|Aug 21|Oct 16|Jan 15|Notes|
|:-|:-|:-|:-|:-|:-|
|**DXYZ**|84|93|92|93|Potentially undervalued w.r.t. projected NAV, most liquid options of all, easy to short|
|**VCX**|111|105|125|133|Illiquid, wide options spreads, few shortable shares, high CTB, 85% float unlocks on Sep 15|
|**RVI**|97|94|99|98|Wide options spreads, high CTB|