ProShares - Short S&P500 (SH) 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 S&P500 (SH) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $1.14B, listed on AMEX, carrying a beta of -0.96 to the broader market. ProShares Short S&P500 seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P 500. public since 2006-06-21.
Snapshot as of May 15, 2026.
- Spot Price
- $33.53
- Total OI
- 44.5K
- Total Volume
- 4.4K
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 17.0%
- Avg Bid/Ask Spread
- 70.16%
As of May 15, 2026, ProShares - Short S&P500 (SH) has 44.5K open contracts and 4.4K contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 17.0%. Average bid/ask spread across the chain is 70.16%: 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 SH options chain Data Feeds Strategy Selection
Strategy selection on ProShares - Short S&P500 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 17.0% 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 SH options chain questions
- What does the SH options chain show right now?
- As of May 15, 2026, ProShares - Short S&P500 (SH) has 44.5K contracts outstanding and 4.4K traded today, with ATM IV of 17.0%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for SH 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 SH options bid/ask spreads?
- Average bid/ask spread across the chain is 70.16%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.