ProShares - UltraPro Short QQQ (SQQQ · ETF)
Overview · Option chain · Volatility · Expected-move history
Cboe delayed options data · as of 15:38 UTC · Figures derived from the full chain (1,218 contracts, 12 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)
Expected move — Sep 18, 2026 (15 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±8.1% (range 35.84–42.20) by Sep 18, 2026. ATM straddle: 3.17 @ strike 39 · ATM IV: 49.7%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 35.12 | -10% | 84.0% | 16.0% |
| 37.07 | -5% | 67.7% | 32.3% |
| 39.02 | +0% | 48.0% | 52.0% |
| 40.97 | +5% | 29.7% | 70.3% |
| 42.92 | +10% | 16.0% | 84.0% |
Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Sep 04, 2026 | 1 | ±2.5% | 54.2% | 72.7K |
| Sep 11, 2026 | 8 | ±5.2% | 42.8% | 81.3K |
| Sep 18, 2026 | 15 | ±8.1% | 49.7% | 146.7K |
| Sep 25, 2026 | 22 | ±11.0% | 50.1% | 37.2K |
| Oct 02, 2026 | 29 | ±12.4% | 52.2% | 17.5K |
| Oct 09, 2026 | 36 | ±14.5% | 56.3% | 2,424 |
| Oct 16, 2026 | 43 | ±15.3% | 55.0% | 9,628 |
| Oct 23, 2026 | 50 | ±16.8% | 56.4% | 0 |
| Dec 18, 2026 | 106 | ±26.4% | 62.1% | 27.7K |
| Jan 15, 2027 | 134 | ±30.3% | 63.1% | 56.5K |
| Mar 19, 2027 | 197 | ±37.5% | 65.8% | 5,892 |
Open interest by strike — Sep 18
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 45 C · 54.9K40 C · 40.7K42 C · 20.3K37 C · 16.8K38 C · 16.1K
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Track record
Full history →Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.
About ProShares - UltraPro Short QQQ
This ProShares fund is designed to provide daily returns that are three times the opposite (or inverse) of the Nasdaq-100 Index's daily movement, calculated before deducting any fees and expenses.
ETF · Asset Management - Leveraged · NASDAQ · Profile: Financial Modeling Prep
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