BZQ - ProShares - UltraShort MSCI Brazil Capped
ProShares UltraShort MSCI Brazil Capped seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Brazil 25/50 Index.
As of May 15, 2026: spot at $10.90, ATM IV 65.7%, net GEX $2.4K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $3.0M
- Beta
- -0.93
- 52-Week Range
- 8.17-25.36
- Dividend Yield
- $0.84
- IPO Date
- Jun 19, 2009
- Exchange
- AMEX
What BZQ Looks Like to Options Traders Today
IV rank of 10.5% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($2.4K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.085) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The BZQ overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked BZQ overview questions
- What is BZQ?
- BZQ is the ticker symbol for ProShares - UltraShort MSCI Brazil Capped, an listed exchange-traded fund. ProShares UltraShort MSCI Brazil Capped seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Brazil 25/50 Index. Listed on AMEX. BZQ is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the BZQ options snapshot look like today?
- As of May 15, 2026, the BZQ options snapshot shows spot at $10.90, ATM IV 65.7%, IV rank 10.5%, net GEX $2.4K, expected move 18.84%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are BZQ's key statistics?
- ProShares - UltraShort MSCI Brazil Capped (BZQ) carries a market capitalization of $3.0M, 52-week range of 8.17-25.36. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does BZQ belong to?
- ProShares - UltraShort MSCI Brazil Capped operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare BZQ's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the BZQ data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.