ProShares - UltraShort Utilities (SDP) 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 Utilities (SDP) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $4.3M, listed on AMEX, carrying a beta of -0.95 to the broader market. ProShares UltraShort Utilities seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Utilities Select SectorSM Index. public since 2007-03-14.
Snapshot as of May 15, 2026.
- Spot Price
- $11.66
- Total OI
- 24
- Total Volume
- 0
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 23.2%
- Avg Bid/Ask Spread
- 51.44%
As of May 15, 2026, ProShares - UltraShort Utilities (SDP) has 24 open contracts and 0 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 23.2%. Average bid/ask spread across the chain is 51.44%: 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 SDP options chain Data Feeds Strategy Selection
Strategy selection on ProShares - UltraShort Utilities 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 23.2% 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 SDP options chain questions
- What does the SDP options chain show right now?
- As of May 15, 2026, ProShares - UltraShort Utilities (SDP) has 24 contracts outstanding and 0 traded today, with ATM IV of 23.2%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for SDP 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 SDP options bid/ask spreads?
- Average bid/ask spread across the chain is 51.44%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.