State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) 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.

State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $768.4M, listed on AMEX, carrying a beta of 0.03 to the broader market. The State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bloomberg Enhanced Roll Yield Total Return Index (the “Index”)The Index is designed to measure the performance of a rules-based, liquid and long-only exposure to the broad commodities market through synthetic positions in futures contracts featuring diversification constraints and tilting toward commodities that may have a downward sloping futures curve and greater liquidityCERY may potentially reduce the costs associated with rolling over commodity futures contracts while providing the potential diversification and inflation-hedging benefits of commodities to core portfolios public since 2024-09-05.

Snapshot as of May 15, 2026.

Spot Price
$37.74
Total OI
76
Total Volume
2
Front Expiration
34 days
Second Expiration
63 days
ATM IV
30.7%
Avg Bid/Ask Spread
111.09%

As of May 15, 2026, State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) has 76 open contracts and 2 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 30.7%. Average bid/ask spread across the chain is 111.09%: 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 CERY options chain Data Feeds Strategy Selection

Strategy selection on State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 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 30.7% 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 CERY options chain questions

What does the CERY options chain show right now?
As of May 15, 2026, State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) has 76 contracts outstanding and 2 traded today, with ATM IV of 30.7%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for CERY 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 CERY options bid/ask spreads?
Average bid/ask spread across the chain is 111.09%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.