IntraAlpha
Create free account Start free

ProShares UltraShort Materials SMN

i

Market dataready · fetched 2026-11-03T22:32:26.099Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-03T21:10:00.003644984Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-03T22:25:05.639007+00:00

Share price$18.85
1D+4.4%
AH$18.00$18.23$18.46$18.69$18.925:30 AM6:30 AM9:00 AM1:00 PM2:00 PMSMN
Sold putSold callAH

ProShares UltraShort Materials options

Live interpolated SMN call and put midpoint premiums by absolute delta.ProShares UltraShort Materials$0.45$3.23$6.02$8.80$11.58$13.04$15.01$16.98$18.94$20.9120Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ20Δ C unavailable: no unambiguous, price-consistent delta bracketC —75Δ C unavailable: no unambiguous, price-consistent delta bracketC —80Δ C unavailable: no unambiguous, price-consistent delta bracketC —OPTION PRICELive SMN spot · $18.85SMN PRICE$0.75$0.78$0.83$0.87$0.95$1.03$1.09$1.14$1.19$1.24$0.76$0.79$0.84$0.93$1.35$1.86$2.22$2.54$2.92$3.66$5.32$7.85$10.78
PutsExpensive2.97×
Calls——
Skew——
Implied moveBearish±$3.24
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ15.26143.7%23.1%
25Δ24.43143.5%33.5%16.45115.2%16.9%
30Δ22.14113.5%21.5%17.2797.6%12.9%
35Δ20.9396.8%15.4%17.8687.7%10.2%
40Δ20.1183.2%11.3%18.4097.9%9.6%
45Δ19.5976.0%8.9%18.91114.1%9.6%
50Δ19.1369.7%6.9%19.48115.4%8.4%
55Δ18.8163.7%5.6%20.07113.4%7.0%
60Δ18.5557.9%4.4%20.67111.5%5.8%
65Δ18.2952.0%3.3%21.56118.3%5.0%
70Δ18.0346.2%2.2%23.27142.3%4.8%
75Δ25.88170.3%4.3%
80Δ28.97189.8%3.5%

20Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
15.26
IV
143.7%
B/E move
23.1%

25Δ

Calls
Pseudo strike
24.43
IV
143.5%
B/E move
33.5%
Puts
Pseudo strike
16.45
IV
115.2%
B/E move
16.9%

30Δ

Calls
Pseudo strike
22.14
IV
113.5%
B/E move
21.5%
Puts
Pseudo strike
17.27
IV
97.6%
B/E move
12.9%

35Δ

Calls
Pseudo strike
20.93
IV
96.8%
B/E move
15.4%
Puts
Pseudo strike
17.86
IV
87.7%
B/E move
10.2%

40Δ

Calls
Pseudo strike
20.11
IV
83.2%
B/E move
11.3%
Puts
Pseudo strike
18.40
IV
97.9%
B/E move
9.6%

45Δ

Calls
Pseudo strike
19.59
IV
76.0%
B/E move
8.9%
Puts
Pseudo strike
18.91
IV
114.1%
B/E move
9.6%

50Δ

Calls
Pseudo strike
19.13
IV
69.7%
B/E move
6.9%
Puts
Pseudo strike
19.48
IV
115.4%
B/E move
8.4%

55Δ

Calls
Pseudo strike
18.81
IV
63.7%
B/E move
5.6%
Puts
Pseudo strike
20.07
IV
113.4%
B/E move
7.0%

60Δ

Calls
Pseudo strike
18.55
IV
57.9%
B/E move
4.4%
Puts
Pseudo strike
20.67
IV
111.5%
B/E move
5.8%

65Δ

Calls
Pseudo strike
18.29
IV
52.0%
B/E move
3.3%
Puts
Pseudo strike
21.56
IV
118.3%
B/E move
5.0%

70Δ

Calls
Pseudo strike
18.03
IV
46.2%
B/E move
2.2%
Puts
Pseudo strike
23.27
IV
142.3%
B/E move
4.8%

75Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
25.88
IV
170.3%
B/E move
4.3%

80Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
28.97
IV
189.8%
B/E move
3.5%

Options history

IV · four-Friday blend64.85%
Daily EOD
SMN34.4%50.8%67.1%2026-10-19: 54.83%2026-10-20: 36.68%2026-10-21: 57.80%2026-10-22: 57.39%2026-10-23: 58.42%2026-10-26: 60.62%2026-10-27: 42.80%2026-10-28: 59.74%2026-10-29: 56.13%2026-10-30: 64.85%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
54.83%
36.68%
57.80%
57.39%
58.42%
60.62%
42.80%
59.74%
56.13%
64.85%