ProShares - UltraShort Bloomberg Natural Gas (KOLD) 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 Bloomberg Natural Gas (KOLD) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $140.7M, listed on AMEX, carrying a beta of -4.38 to the broader market. ProShares UltraShort Bloomberg Natural Gas seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Natural Gas SubindexSM. public since 2011-10-06.
Snapshot as of May 15, 2026.
- Spot Price
- $24.48
- Total OI
- 70.6K
- Total Volume
- 7.4K
- Front Expiration
- 28 days
- Second Expiration
- 34 days
- ATM IV
- 82.4%
- Avg Bid/Ask Spread
- 45.18%
As of May 15, 2026, ProShares - UltraShort Bloomberg Natural Gas (KOLD) has 70.6K open contracts and 7.4K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 82.4%. Average bid/ask spread across the chain is 45.18%: 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 KOLD options chain Data Feeds Strategy Selection
Strategy selection on ProShares - UltraShort Bloomberg Natural Gas 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 82.4% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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 KOLD options chain questions
- What does the KOLD options chain show right now?
- As of May 15, 2026, ProShares - UltraShort Bloomberg Natural Gas (KOLD) has 70.6K contracts outstanding and 7.4K traded today, with ATM IV of 82.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for KOLD 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 KOLD options bid/ask spreads?
- Average bid/ask spread across the chain is 45.18%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.