ProShares - Short SmallCap600 (SBB) 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 - Short SmallCap600 (SBB) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $4.2M, listed on AMEX, carrying a beta of -1.15 to the broader market. ProShares Short SmallCap600 seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600. public since 2007-01-25.
Snapshot as of May 15, 2026.
- Spot Price
- $12.29
- Total OI
- 101
- Total Volume
- 200
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 23.1%
- Avg Bid/Ask Spread
- 53.94%
As of May 15, 2026, ProShares - Short SmallCap600 (SBB) has 101 open contracts and 200 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 23.1%. Average bid/ask spread across the chain is 53.94%: 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 SBB options chain Data Feeds Strategy Selection
Strategy selection on ProShares - Short SmallCap600 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 23.1% 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 SBB options chain questions
- What does the SBB options chain show right now?
- As of May 15, 2026, ProShares - Short SmallCap600 (SBB) has 101 contracts outstanding and 200 traded today, with ATM IV of 23.1%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for SBB 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 SBB options bid/ask spreads?
- Average bid/ask spread across the chain is 53.94%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.