SSO Option Overview

ProShares Ultra S&P500 (SSO) options traded 2.62K contracts on Nov 6, 2026, well above the 20-day average of 1.52K, and calls outnumber puts. 30-day implied volatility was 41.6%, in the upper part of its one-year range. Near-term max pain was $69.00, 8.0% above the $63.89 close.

About SSO

SSO Options FAQ

How actively are SSO options traded?

1.59K calls and 1.03K puts traded on Nov 6, 2026, 2.62K contracts in total. Open interest was 27.2K contracts. Over the past 30 days, volume averaged 1.55K contracts per day. The SSO option volume chart shows volume by strike and expiration date.

Is SSO implied volatility high right now?

SSO IV rank is 71, so its 30-day implied volatility of 41.6% is in the upper part of its one-year range. Over the past year it ranged from 16.0% on Dec 18, 2025 to 51.9% on Mar 27, 2026. See the SSO implied volatility history for a longer view.

What is the SSO put/call ratio?

The SSO put/call volume ratio was 0.65 on Nov 6, 2026, so calls outnumber puts. The put/call open interest ratio was 0.56. The SSO open interest chart shows calls and puts at each strike.

What is SSO max pain this week?

As of the Nov 6, 2026 close, max pain for SSO options about one week from expiration was $69.00, 8.0% above the $63.89 close. The SSO max pain chart shows it for every expiration date.

What is SSO's expected move over the next week?

Based on 7-day implied volatility of 53.5%, options price a move of about ±$4.73 (±7.4%) over the next week, a range of roughly $59.16 to $68.62 from the Nov 6, 2026 close. The SSO expected move chart shows it for every expiration date.