ProShares - Short Ether ETF (SETH) Open Interest History
Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.
ProShares - Short Ether ETF (SETH) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $14.9M, listed on AMEX, carrying a beta of -2.61 to the broader market. The ProShares Short Ether ETF is designed to deliver daily returns that move in the opposite direction, or inversely (-1x), to the daily performance of the Bloomberg Ethereum Index. public since 2023-11-02.
Snapshot as of Aug 14, 2026.
- Spot Price
- $44.70
- Call OI
- 32
- Put OI
- 45
- Total OI
- 77
- Put/Call Ratio
- 0.00
As of Aug 14, 2026, ProShares - Short Ether ETF (SETH) has 77 total contracts outstanding across all expirations. Put/call OI ratio is 1.41 (put-heavy positioning, often indicating hedging or bearish bias). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.
How SETH open interest history Data Feeds Strategy Selection
Strategy selection on ProShares - Short Ether ETF options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 52.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history 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.
How to read the SETH open-interest data
The open-interest time-series above tracks the total ProShares - Short Ether ETF options inventory outstanding day by day. OI is a stock measure - the cumulative position count - so trends flag accumulating or distributing positioning. Current put/call ratio is 0.00, call-heavy - speculative or bullish positioning dominates. Total call OI of 32 versus put OI of 45 gives a put/call OI ratio of 1.41 - structurally a slower-moving signal than the volume-based ratio.
SETH flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current positive dealer-gamma regime, large OI clusters tend to act as price magnets through expiration cycles.
Using SETH OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for SETH sits at 35 days, so near-dated volume currently dominates the flow reading.
Learn how open interest is reported and how to read the data →
Daily open-interest history for SETH options over the last ~32 trading days. Each row reflects the end-of-day total OI summed across all listed strikes and expirations.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | Call OI | Put OI | Total OI | P/C OI |
|---|---|---|---|---|
| Aug 14, 2026 | 32 | 45 | 77 | 1.41 |
| Aug 13, 2026 | 32 | 45 | 77 | 1.41 |
| Aug 12, 2026 | 32 | 45 | 77 | 1.41 |
| Aug 11, 2026 | 32 | 45 | 77 | 1.41 |
| Aug 10, 2026 | 32 | 45 | 77 | 1.41 |
| Aug 7, 2026 | 32 | 45 | 77 | 1.41 |
| Aug 6, 2026 | 33 | 45 | 78 | 1.36 |
| Aug 5, 2026 | 33 | 45 | 78 | 1.36 |
| Aug 4, 2026 | 33 | 45 | 78 | 1.36 |
| Aug 3, 2026 | 33 | 45 | 78 | 1.36 |
| Jul 31, 2026 | 33 | 45 | 78 | 1.36 |
| Jul 30, 2026 | 33 | 45 | 78 | 1.36 |
| Jul 29, 2026 | 32 | 45 | 77 | 1.41 |
| Jul 28, 2026 | 32 | 45 | 77 | 1.41 |
| Jul 27, 2026 | 31 | 45 | 76 | 1.45 |
Frequently asked SETH open interest history questions
- What is the current SETH options open interest?
- As of Aug 14, 2026, ProShares - Short Ether ETF (SETH) has 77 total contracts outstanding across all listed expirations, split as 32 calls and 45 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
- What is the SETH put/call open interest ratio?
- Put/call OI ratio of 1.41 is put-heavy, often indicating hedging demand or bearish positioning.
- What does SETH open interest tell traders?
- Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.