NEOS S&P 500 Hedged Equity Income ETF (SPYH) 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.
NEOS S&P 500 Hedged Equity Income ETF (SPYH) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $10.0M, listed on CBOE, carrying a beta of 0.58 to the broader market. The NEOS S&P 500 Hedged Equity Income ETF (the “Fund”) seeks high monthly income in a tax efficient manner with a measure of downside protection. public since 2025-04-03.
Snapshot as of May 15, 2026.
- Spot Price
- $56.71
- Total OI
- 1
- Total Volume
- 2
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 15.3%
- Avg Bid/Ask Spread
- 86.66%
As of May 15, 2026, NEOS S&P 500 Hedged Equity Income ETF (SPYH) has 1 open contracts and 2 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 15.3%. Average bid/ask spread across the chain is 86.66%: 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 SPYH options chain Data Feeds Strategy Selection
Strategy selection on NEOS S&P 500 Hedged Equity Income ETF 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 15.3% 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 SPYH options chain questions
- What does the SPYH options chain show right now?
- As of May 15, 2026, NEOS S&P 500 Hedged Equity Income ETF (SPYH) has 1 contracts outstanding and 2 traded today, with ATM IV of 15.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for SPYH 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 SPYH options bid/ask spreads?
- Average bid/ask spread across the chain is 86.66%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.