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ProShares UltraShort Russell2000 TWM

i

Market dataready · fetched 2026-11-03T18:49:27.225Z

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 · 2026-11-03T18:49:08.607733422Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-03T18:49:26.252955+00:00

Share price$23.70
1D+0.2%
$23.52$23.63$23.73$23.83$23.945:30 AM6:30 AM9:00 AM1:00 PMTWM
Sold putSold call

ProShares UltraShort Russell2000 options

Live interpolated TWM call and put midpoint premiums by absolute delta.ProShares UltraShort Russell2000$0.21$1.06$1.92$2.77$3.62$20.16$21.82$23.48$25.14$26.8020Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive TWM spot · $23.70TWM PRICE$0.31$0.41$0.50$0.60$0.69$0.78$0.89$1.04$1.19$1.34$1.48$1.63$1.78$0.41$0.51$0.60$0.69$0.79$0.88$0.97$1.13$1.36$1.59$2.06$2.81$3.37
PutsExpensive1.49×
CallsExpensive1.55×
SkewBearish+8.68 pp
Implied moveBearish±$1.87
TiltBearish15.3% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ26.4755.3%13.0%20.1876.3%16.6%
25Δ25.9756.4%11.3%20.7671.3%14.5%
30Δ25.4854.9%9.6%21.3566.3%12.5%
35Δ24.9953.3%8.0%21.9361.2%10.4%
40Δ24.6050.5%6.7%22.5256.2%8.3%
45Δ24.2147.7%5.4%23.1051.2%6.3%
50Δ23.8646.1%4.5%23.6846.2%4.2%
55Δ23.5745.8%3.8%24.1543.9%2.9%
60Δ23.2745.4%3.2%24.4844.9%2.5%
65Δ22.9845.0%2.6%24.8145.8%2.0%
70Δ22.7342.8%2.1%25.3450.8%1.8%
75Δ22.4740.6%1.7%26.1359.7%1.6%
80Δ22.2238.4%1.2%26.7961.2%1.2%

20Δ

Calls
Pseudo strike
26.47
IV
55.3%
B/E move
13.0%
Puts
Pseudo strike
20.18
IV
76.3%
B/E move
16.6%

25Δ

Calls
Pseudo strike
25.97
IV
56.4%
B/E move
11.3%
Puts
Pseudo strike
20.76
IV
71.3%
B/E move
14.5%

30Δ

Calls
Pseudo strike
25.48
IV
54.9%
B/E move
9.6%
Puts
Pseudo strike
21.35
IV
66.3%
B/E move
12.5%

35Δ

Calls
Pseudo strike
24.99
IV
53.3%
B/E move
8.0%
Puts
Pseudo strike
21.93
IV
61.2%
B/E move
10.4%

40Δ

Calls
Pseudo strike
24.60
IV
50.5%
B/E move
6.7%
Puts
Pseudo strike
22.52
IV
56.2%
B/E move
8.3%

45Δ

Calls
Pseudo strike
24.21
IV
47.7%
B/E move
5.4%
Puts
Pseudo strike
23.10
IV
51.2%
B/E move
6.3%

50Δ

Calls
Pseudo strike
23.86
IV
46.1%
B/E move
4.5%
Puts
Pseudo strike
23.68
IV
46.2%
B/E move
4.2%

55Δ

Calls
Pseudo strike
23.57
IV
45.8%
B/E move
3.8%
Puts
Pseudo strike
24.15
IV
43.9%
B/E move
2.9%

60Δ

Calls
Pseudo strike
23.27
IV
45.4%
B/E move
3.2%
Puts
Pseudo strike
24.48
IV
44.9%
B/E move
2.5%

65Δ

Calls
Pseudo strike
22.98
IV
45.0%
B/E move
2.6%
Puts
Pseudo strike
24.81
IV
45.8%
B/E move
2.0%

70Δ

Calls
Pseudo strike
22.73
IV
42.8%
B/E move
2.1%
Puts
Pseudo strike
25.34
IV
50.8%
B/E move
1.8%

75Δ

Calls
Pseudo strike
22.47
IV
40.6%
B/E move
1.7%
Puts
Pseudo strike
26.13
IV
59.7%
B/E move
1.6%

80Δ

Calls
Pseudo strike
22.22
IV
38.4%
B/E move
1.2%
Puts
Pseudo strike
26.79
IV
61.2%
B/E move
1.2%

Options history

IV · four-Friday blend45.80%
Daily EOD
TWM42.5%44.3%46.0%2026-10-19: 44.07%2026-10-20: 42.97%2026-10-21: 42.72%2026-10-22: 44.10%2026-10-23: 44.00%2026-10-26: 43.62%2026-10-27: 42.76%2026-10-28: 43.68%2026-10-29: 43.80%2026-10-30: 45.80%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
44.07%
42.97%
42.72%
44.10%
44.00%
43.62%
42.76%
43.68%
43.80%
45.80%