ION - ProShares S&P Global Core Battery Metals ETF

ION is a passively managed ETF that provides exposure to companies engaged in the mining of metals used in battery production. The portfolio is comprised of stocks and depositary receipts that had positive total revenue and production value (dollar market value) from the mining of lithium, nickel, and cobalt during the prior year. Companies could be of any market capitalization from both developed and emerging countries.

As of Jun 30, 2026: spot at $50.68, ATM IV 47.1%, max pain $65.00, net GEX $679.

Sector
Financial Services
Industry
Asset Management
Market Cap
$3.7M
Beta
1.21
52-Week Range
28.77-69.55
Dividend Yield
$0.76
IPO Date
Dec 1, 2022
Exchange
AMEX

What ION Looks Like to Options Traders Today

IV rank of 5.1% 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 ($679) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.028) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The ION 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 ION overview questions

What is ION?
ION is the ticker symbol for ProShares S&P Global Core Battery Metals ETF, an listed exchange-traded fund. ION is a passively managed ETF that provides exposure to companies engaged in the mining of metals used in battery production. The portfolio is comprised of stocks and depositary receipts that had positive total revenue and production value (dollar market value) from the mining of lithium, nickel, and cobalt during the prior year. Listed on AMEX. ION 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 ION options snapshot look like today?
As of Jun 30, 2026, the ION options snapshot shows spot at $50.68, ATM IV 47.1%, IV rank 5.1%, max pain $65.00, net GEX $679, expected move 13.50%. 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 ION's key statistics?
ProShares S&P Global Core Battery Metals ETF (ION) carries a market capitalization of $3.7M, 52-week range of 28.77-69.55. 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 ION belong to?
ProShares S&P Global Core Battery Metals ETF operates in the Financial Services sector, in the Asset Management 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 ION'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 ION data on this page?
The options snapshot above is dated Jun 30, 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.