SPXU · IV Rank History

ProShares UltraPro Short S&P 500 · ETF

IV rank shows where SPXU's implied volatility sits within its own recent range: 0 is the lowest reading in the window, 100 the highest. This page gives the 52-week version, the 90-session version our screeners use, the IV percentile, and the daily history.

SPXU's 30-day at-the-money implied volatility was 44.1% as of Oct 26, 2026. Its 52-week IV rank is 29 and its IV percentile is 51%: IV was lower on 51% of the past year's sessions. Over those 52 weeks it ranged from 28.2% (Dec 24, 2025) to 82.6% (Mar 27, 2026). On the 90-session window our screeners use, the IV rank is 55.

SPXU IV rank history

504 sessions

Filled line: 90-session IV rank (0–100, left axis). Dashed line: 30-day at-the-money implied volatility (right axis).

SPXU IV rank and implied volatility as of 2026-10-26

52-Week IV Rank
29
0 = year low, 100 = year high
IV Percentile
51%
of past-year sessions had lower IV
90-Session IV Rank
55
used by our screeners
30-Day ATM IV
44.1%
1-year average 46.8%
52-Week IV High
82.6%
2026-03-27
52-Week IV Low
28.2%
2025-12-24
History Since
2023-05-02
835 sessions

How these are measured. Implied volatility here is SPXU's 30-day at-the-money IV: the implied volatility of the calls and puts struck nearest the share price, blended between the expirations on either side of 30 days so every reading covers the same horizon. It's the IV level options traders usually quote, and it doesn't jump when the nearest expiration rolls from a weekly to a monthly. The 7-day figure is the same measure a week out, so it reacts first to near-term events such as earnings.

52-week IV rank = (today's IV − 52-week low) ÷ (52-week high − 52-week low) × 100. IV percentile is the share of the past year's sessions that closed with lower IV than today. The 90-session IV rank applies the same rank formula to the last 90 sessions, so it reacts faster.

A high reading means SPXU options are expensive relative to their own recent history, which is common ahead of earnings or after a sharp move. It says nothing about which way the stock will go. The Vol Arb Screener ranks every tracked symbol by these measures.

SPXU implied volatility by month

MonthAvg ATM IVHighLowAvg IV Rank (90-session)
Oct 2026 (to date) 40.4% 47.2% 34.8% 31
Sep 2026 39.4% 44.7% 35.3% 22
Aug 2026 39.2% 41.7% 36.9% 9
Jul 2026 42.4% 51.6% 35.1% 15
Jun 2026 48.4% 53.9% 42.1% 24
May 2026 44.2% 48.6% 41.2% 23
Apr 2026 50.0% 66.1% 41.0% 40
Mar 2026 66.4% 82.6% 52.5% 77
Feb 2026 49.7% 58.9% 39.2% 40
Jan 2026 40.4% 54.0% 34.7% 22
Dec 2025 39.7% 46.9% 28.2% 15
Nov 2025 54.0% 66.7% 41.8% 42
Oct 2025 51.1% 82.2% 33.5% 37
Sep 2025 43.0% 59.6% 37.1% 26
Aug 2025 41.1% 68.1% 33.4% 8
Jul 2025 51.4% 69.5% 40.0% 16
Jun 2025 51.2% 63.8% 34.7% 16
May 2025 57.7% 69.4% 44.5% 22
Apr 2025 86.6% 138.5% 48.8% 58
Mar 2025 58.8% 74.7% 46.5% 67
Feb 2025 44.7% 60.0% 36.2% 39
Jan 2025 43.2% 52.1% 35.7% 34
Dec 2024 43.7% 63.8% 32.6% 22
Nov 2024 42.2% 58.4% 34.3% 20
Oct 2024 47.7% 55.8% 41.3% 32
Sep 2024 45.0% 57.8% 37.3% 27
Aug 2024 50.1% 87.1% 37.1% 36
Jul 2024 37.2% 48.3% 29.4% 16
Jun 2024 33.8% 37.8% 31.2% 10
May 2024 35.0% 42.3% 29.6% 12
Apr 2024 46.1% 86.7% 31.6% 35
Mar 2024 36.7% 43.0% 28.0% 32
Feb 2024 36.8% 54.0% 28.4% 29
Jan 2024 34.1% 37.3% 31.2% 16
Dec 2023 32.9% 37.0% 29.9% 9
Nov 2023 36.4% 44.4% 33.1% 19
Oct 2023 49.4% 56.7% 41.3% 78
Sep 2023 39.4% 49.6% 31.7% 40
Aug 2023 40.8% 46.3% 35.1% 44
Jul 2023 34.2% 37.1% 31.8% 11
Jun 2023 34.3% 38.9% 31.9% 6
May 2023 45.0% 52.5% 40.4% 24

SPXU IV rank: last 30 sessions

DateIV Rank (90-session)30-Day ATM IV7-Day ATM IV
2026-10-26 55 44.1% —
2026-10-23 74 47.2% —
2026-10-22 69 46.4% —
2026-10-21 21 38.4% —
2026-10-20 47 42.8% —
2026-10-19 33 40.3% —
2026-10-16 48 43.9% —
2026-10-15 15 37.8% —
2026-10-14 35 41.4% 42.2%
2026-10-13 24 39.4% 38.3%
2026-10-12 23 39.2% 34.2%
2026-10-09 9 36.5% 29.7%
2026-10-08 21 38.9% 33.5%
2026-10-07 16 37.9% 34.4%
2026-10-06 0 34.8% 28.4%
2026-10-05 23 39.4% 39.0%
2026-10-02 16 38.1% 34.6%
2026-10-01 32 41.2% 38.8%
2026-09-30 37 42.1% 40.8%
2026-09-29 24 39.6% 37.7%
2026-09-28 22 39.2% 38.8%
2026-09-25 11 37.2% 33.0%
2026-09-24 13 37.6% —
2026-09-23 23 39.4% —
2026-09-22 1 35.3% —
2026-09-21 10 37.1% —
2026-09-18 3 35.8% —
2026-09-17 1 35.3% —
2026-09-16 51 44.7% 55.4%
2026-09-15 34 41.5% 51.6%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.