ProShares - UltraShort Technology (REW) 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 Technology (REW) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $3.6M, listed on AMEX, carrying a beta of -2.37 to the broader market. ProShares UltraShort Technology seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Technology Select SectorSM Index. public since 2007-02-02.

Snapshot as of May 13, 2026.

Spot Price
$6.94
Total OI
212
Total Volume
1
Front Expiration
36 days
Second Expiration
128 days
ATM IV
494.3%
Avg Bid/Ask Spread
54.98%

As of May 13, 2026, ProShares - UltraShort Technology (REW) has 212 open contracts and 1 contracts traded. The nearest expiration is 36 days out, followed by 128 days. ATM implied volatility is 494.3%. Average bid/ask spread across the chain is 54.98%: 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 REW options chain Data Feeds Strategy Selection

Strategy selection on ProShares - UltraShort Technology 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 494.3% 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 REW options chain questions

What does the REW options chain show right now?
As of May 13, 2026, ProShares - UltraShort Technology (REW) has 212 contracts outstanding and 1 traded today, with ATM IV of 494.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for REW options?
The nearest expiration is 36 days out, followed by 128 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are REW options bid/ask spreads?
Average bid/ask spread across the chain is 54.98%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.