ProShares - UltraShort MSCI Brazil Capped (BZQ) 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 - UltraShort MSCI Brazil Capped (BZQ) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $3.0M, listed on AMEX, carrying a beta of -0.93 to the broader market. 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. public since 2009-06-19.

Snapshot as of May 15, 2026.

Spot Price
$10.90
Total OI
520
Total Volume
124
Front Expiration
34 days
Second Expiration
63 days
ATM IV
65.7%
Avg Bid/Ask Spread
58.62%

As of May 15, 2026, ProShares - UltraShort MSCI Brazil Capped (BZQ) has 520 open contracts and 124 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 65.7%. Average bid/ask spread across the chain is 58.62%: 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 BZQ options chain Data Feeds Strategy Selection

Strategy selection on ProShares - UltraShort MSCI Brazil Capped 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 65.7% 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 BZQ options chain questions

What does the BZQ options chain show right now?
As of May 15, 2026, ProShares - UltraShort MSCI Brazil Capped (BZQ) has 520 contracts outstanding and 124 traded today, with ATM IV of 65.7%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for BZQ options?
The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are BZQ options bid/ask spreads?
Average bid/ask spread across the chain is 58.62%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.