ProShares - Bitcoin ETF (BITO) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
ProShares - Bitcoin ETF (BITO) operates in the Financial Services sector, specifically the Asset Management - Cryptocurrency industry, with a market capitalization near $1.86B, listed on AMEX, carrying a beta of 1.74 to the broader market. BITO is the first ETF to target the performance of bitcoin. public since 2021-10-20.
Snapshot as of May 15, 2026.
- Spot Price
- $10.80
- Total OI
- 267.4K
- Total Volume
- 14.3K
- Front Expiration
- 28 days
- Second Expiration
- 34 days
- ATM IV
- 34.9%
- Avg Bid/Ask Spread
- 38.43%
As of May 15, 2026, ProShares - Bitcoin ETF (BITO) has 267.4K open contracts and 14.3K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 34.9%. Average bid/ask spread across the chain is 38.43%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How BITO options chain Data Feeds Strategy Selection
Strategy selection on ProShares - Bitcoin ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 34.9% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how the options chain is reported and how to read the data →
Frequently asked BITO options chain questions
- What does the BITO options chain show right now?
- As of May 15, 2026, ProShares - Bitcoin ETF (BITO) has 267.4K contracts outstanding and 14.3K traded today, with ATM IV of 34.9%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for BITO options?
- The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are BITO options bid/ask spreads?
- Average bid/ask spread across the chain is 38.43%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.