Simplify Interest Rate Hedge ETF (PFIX) 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.

Simplify Interest Rate Hedge ETF (PFIX) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $165.4M, listed on AMEX, carrying a beta of -5.68 to the broader market. The Simplify Interest Rate Hedge ETF (PFIX) seeks to hedge interest rate movements arising from rising long-term interest rates and to benefit from market stress when fixed income volatility increases. public since 2021-05-11.

Snapshot as of May 15, 2026.

Spot Price
$50.46
Total OI
106
Total Volume
3
Front Expiration
34 days
Second Expiration
63 days
ATM IV
44.3%
Avg Bid/Ask Spread
115.97%

As of May 15, 2026, Simplify Interest Rate Hedge ETF (PFIX) has 106 open contracts and 3 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 44.3%. Average bid/ask spread across the chain is 115.97%: 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 PFIX options chain Data Feeds Strategy Selection

Strategy selection on Simplify Interest Rate Hedge 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 44.3% 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 PFIX options chain questions

What does the PFIX options chain show right now?
As of May 15, 2026, Simplify Interest Rate Hedge ETF (PFIX) has 106 contracts outstanding and 3 traded today, with ATM IV of 44.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for PFIX 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 PFIX options bid/ask spreads?
Average bid/ask spread across the chain is 115.97%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.