SVXY Options
ProShares Short VIX Short-Term Futures ETF Options Chain, Implied Volatility & Greeks
SVXY options trade with implied volatility typically in the 40% - 120% range, averaging 200K+ contracts in daily volume with good liquidity. Next earnings: Check earnings calendar. Weekly options and LEAPS are available.
An IV rank near 39.4 (the value shown here is illustrative) would mean implied volatility is in roughly the 39.4th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live SVXY IV rank from ORATS, open the dashboard.
Chart shows simulated data for display purposes. View the real SVXY IV history on the live platform →
Comprehensive options market data for ProShares Short VIX Short-Term Futures ETF (SVXY).
SVXY Options at a Glance
What's Covered in This Guide
1 About ProShares Short VIX Short-Term Futures ETF (SVXY)
ProShares Short VIX Short-Term Futures ETF trades on CBOE. Options on SVXY are actively traded by retail and institutional investors.
Company Profile
Key Dates
SVXY is an actively traded options name in the Inverse Volatility ETF space.
2 SVXY Options Market Overview
SVXY options offer good liquidity for traders seeking exposure to Inverse Volatility ETF.
Liquidity Assessment: Good
SVXY options provide good liquidity for most trading strategies.
3 SVXY Volatility Profile
SVXY implied volatility reflects market expectations for ProShares Short VIX Short-Term Futures ETF price movement.
Earnings Impact
IV typically increases before earnings and contracts afterward (IV crush).
Historical Volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term Structure
Term structure varies with market conditions and upcoming events.
SVXY Gamma Exposure (GEX)
Gamma Exposure (GEX) analysis for SVXY shows how dealer hedging may impact price behavior.
Typical GEX Profile: GEX profile varies based on market conditions and option positioning.
Key Levels: Major put and call walls at round number strikes may act as support/resistance.
Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.
4 Common SVXY Options Strategies
These are strategies commonly used by traders on SVXY options, based on typical market characteristics. This is not investment advice.
Used by SVXY traders for directional exposure. Good liquidity supports efficient execution.
Used by SVXY traders for volatility exposure. Good liquidity supports efficient execution.
Used by SVXY traders for neutral exposure. Good liquidity supports efficient execution.
Used by SVXY traders for precision exposure. Good liquidity supports efficient execution.
Used by SVXY traders for income exposure. Good liquidity supports efficient execution.
Key Considerations for SVXY Options
- SVXY options liquidity: Good - affects execution quality
- IV range: 40% - 120% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
Frequently Asked Questions: SVXY Options
What are SVXY options?
SVXY options are derivative contracts that give you the right to buy (call) or sell (put) ProShares Short VIX Short-Term Futures ETF shares at a specific price before expiration.
How do I analyze SVXY implied volatility?
SVXY IV typically ranges from 40% - 55% during quiet periods to 80% - 120% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for SVXY options?
SVXY options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does SVXY report earnings?
ProShares Short VIX Short-Term Futures ETF typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for SVXY options?
Popular SVXY strategies include vertical spreads, straddles, and iron condors. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade SVXY options?
The most liquid trading hours for SVXY options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate SVXY option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for SVXY options across all strikes and expirations.
What happens to SVXY options at expiration?
In-the-money SVXY options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
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SVXY Analytics
SVXY Key Events
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