SPXU Option Overview
ProShares UltraPro Short S&P 500 (SPXU) options traded 3.4K contracts on Nov 6, 2026, well above the 20-day average of 1.97K, and puts outnumber calls. 30-day implied volatility was 64.2%, near the middle of its one-year range. Near-term max pain was $32.99, 14.7% below the $38.69 close.
About SPXU
SPXU Options FAQ
How actively are SPXU options traded?
1.2K calls and 2.2K puts traded on Nov 6, 2026, 3.4K contracts in total. Open interest was 30.32K contracts. Over the past 30 days, volume averaged 1.95K contracts per day. The SPXU option volume chart shows volume by strike and expiration date.
Is SPXU implied volatility high right now?
SPXU IV rank is 40, so its 30-day implied volatility of 64.2% is near the middle of its one-year range. Over the past year it ranged from 18.3% on Nov 20, 2025 to 131.8% on Oct 16, 2026. See the SPXU implied volatility history for a longer view.
What is the SPXU put/call ratio?
The SPXU put/call volume ratio was 1.83 on Nov 6, 2026, so puts outnumber calls. The put/call open interest ratio was 0.43. The SPXU open interest chart shows calls and puts at each strike.
What is SPXU max pain this week?
As of the Nov 6, 2026 close, max pain for SPXU options about one week from expiration was $32.99, 14.7% below the $38.69 close. The SPXU max pain chart shows it for every expiration date.
What is SPXU's expected move over the next week?
Based on 7-day implied volatility of 69.7%, options price a move of about ±$3.73 (±9.6%) over the next week, a range of roughly $34.96 to $42.42 from the Nov 6, 2026 close. The SPXU expected move chart shows it for every expiration date.