TBT · Expected Move
ProShares Trust UltraShort Lehman 20+ Year Treasury · ETF
The expected move for TBT is derived from at-the-money straddle pricing — the market's implied one-standard-deviation move through the next 30 days. Comparing it to realized moves reveals when options are pricing in too much (premium-selling regime) vs too little (premium-buying regime).
TBT straddle price & implied vol
60 sessionsBars: at-the-money straddle price (30-day and 7-day) — the market's priced move. Line: 30-day at-the-money implied volatility (right axis).
Current TBT Expected Move
30-Day Straddle
$2.40
7-Day Straddle
$2.40
30-Day ATM IV
27.5%
IV Rank
70%
Implied one-standard-deviation move through the next 30 days. Compare to TBT's realized
move over the same window to gauge whether options are pricing in too much (premium-selling regime)
or too little (premium-buying regime). The
Expected Move Tracker ranks every symbol by
this measure.
TBT Straddle Price — Last 60 Days
| Date | 30D Straddle | 7D Straddle | ATM IV | IV Rank |
|---|---|---|---|---|
| 20261022 | $2.40 | $2.40 | 27.5% | 70% |
| 20261021 | $2.30 | $2.30 | 25.3% | 58% |
| 20261020 | $2.50 | $2.50 | 27.1% | 68% |
| 20261019 | $2.65 | $2.65 | 26.8% | 66% |
| 20261016 | $2.78 | $0.67 | 28.3% | 75% |
| 20261015 | $2.73 | $0.55 | 27.3% | 69% |
| 20261014 | $2.73 | $0.75 | 25.9% | 62% |
| 20261013 | $2.83 | $0.95 | 25.9% | 61% |
| 20261012 | $2.90 | $0.98 | 26.6% | 65% |
| 20261009 | $3.00 | $1.12 | 26.3% | 64% |
| 20261008 | $3.12 | $1.42 | 27.0% | 67% |
| 20261007 | $3.55 | $1.50 | 29.7% | 82% |
| 20261006 | $3.80 | $1.55 | 30.3% | 86% |
| 20261005 | $3.85 | $1.68 | 31.1% | 90% |
| 20261002 | $1.80 | $1.80 | 32.2% | 96% |
| 20261001 | $2.22 | $2.22 | 32.4% | 97% |
| 20260930 | $2.12 | $2.12 | 31.9% | 94% |
| 20260929 | $2.38 | $2.38 | 32.9% | 100% |
| 20260928 | $2.28 | $2.28 | 28.8% | 98% |
| 20260925 | $2.23 | $2.23 | 29.1% | 100% |
| 20260924 | $2.40 | $2.40 | 27.6% | 100% |
| 20260923 | $1.98 | $1.98 | 24.3% | 97% |
| 20260922 | $1.85 | $1.85 | 21.2% | 66% |
| 20260921 | $1.85 | $1.85 | 22.7% | 81% |
| 20260918 | $1.93 | $0.30 | 22.5% | 79% |
| 20260917 | $1.85 | $0.60 | 20.5% | 59% |
| 20260916 | $2.08 | $0.80 | 22.9% | 83% |
| 20260915 | $2.38 | $0.97 | 24.6% | 100% |
| 20260914 | $2.15 | $1.02 | 23.1% | 86% |
| 20260911 | $2.35 | $1.92 | 23.1% | 85% |
| 20260910 | $2.55 | $1.60 | 24.5% | 100% |
| 20260909 | $2.23 | $1.02 | 20.9% | 63% |
| 20260908 | $2.10 | $0.95 | 21.5% | 69% |
| 20260904 | $2.10 | $1.18 | 20.4% | 58% |
| 20260903 | $2.25 | $1.40 | 21.8% | 72% |
| 20260902 | $1.40 | $1.40 | 21.8% | 73% |
| 20260901 | $1.32 | $1.32 | 19.5% | 49% |
| 20260831 | $1.48 | $1.48 | 21.3% | 67% |
| 20260828 | $1.52 | $1.52 | 20.5% | 59% |
| 20260827 | $1.60 | $1.60 | 20.7% | 61% |
| 20260826 | $1.85 | $1.85 | 24.1% | 96% |
| 20260825 | $1.67 | $1.67 | 22.2% | 76% |
| 20260824 | $1.73 | $1.73 | 22.0% | 74% |
| 20260821 | $1.83 | $0.57 | 21.2% | 66% |
| 20260820 | $1.75 | $0.45 | 20.5% | 59% |
| 20260819 | $1.80 | $0.55 | 19.9% | 53% |
| 20260818 | $1.90 | $0.65 | 20.8% | 59% |
| 20260817 | $1.98 | $0.62 | 21.5% | 46% |
| 20260814 | $1.95 | $0.85 | 20.4% | 33% |
| 20260813 | $1.83 | $0.80 | 19.2% | 26% |
| 20260812 | $1.98 | $0.98 | 20.2% | 33% |
| 20260811 | $2.10 | $1.12 | 21.0% | 37% |
| 20260810 | $2.10 | $1.20 | 21.1% | 38% |
| 20260807 | — | — | 19.7% | 30% |
| 20260806 | $2.17 | $1.38 | 20.7% | 35% |
| 20260805 | $1.35 | $1.35 | 20.3% | 28% |
| 20260804 | $1.48 | $1.48 | 20.8% | 31% |
| 20260803 | $1.67 | $1.67 | 23.5% | 45% |
| 20260731 | $1.80 | $1.80 | 24.5% | 50% |
| 20260730 | $1.75 | $1.75 | 23.2% | 43% |
More on TBT
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.