ProShares - UltraShort Yen (YCS) 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 Yen (YCS) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $28.9M, listed on AMEX, carrying a beta of -0.41 to the broader market. ProShares UltraShort Yen seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the price of the Japanese yen versus the U. public since 2008-11-25.

Snapshot as of May 15, 2026.

Spot Price
$53.51
Total OI
3.0K
Total Volume
40
Front Expiration
34 days
Second Expiration
63 days
ATM IV
17.9%
Avg Bid/Ask Spread
117.08%

As of May 15, 2026, ProShares - UltraShort Yen (YCS) has 3.0K open contracts and 40 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 17.9%. Average bid/ask spread across the chain is 117.08%: 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 YCS options chain Data Feeds Strategy Selection

Strategy selection on ProShares - UltraShort Yen 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 17.9% 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 YCS options chain questions

What does the YCS options chain show right now?
As of May 15, 2026, ProShares - UltraShort Yen (YCS) has 3.0K contracts outstanding and 40 traded today, with ATM IV of 17.9%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for YCS 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 YCS options bid/ask spreads?
Average bid/ask spread across the chain is 117.08%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.