Proshares Ultrashort Bitcoin ETF (SBIT) Options

7.71 ↓0.30 (-3.75%)

As of December 31, 1969, 7:00pm EST.

SBIT Max Pain

The max pain for SBIT on May 16th, 2025 is $9.

Proshares Ultrashort Bitcoin ETF is currently $7.71 which is -14.33% lower than its max pain. According to the max pain theory, Proshares Ultrashort Bitcoin ETF will likely gravitate higher closer to $9 by May 16th.

Outlook: Positive

SBIT Max Pain Distribution Chart

Option Chain

The option chain for Proshares Ultrashort Bitcoin ETF on May 16th.

Calls

Strike	Last Price	Breakeven	Bid	Ask	Volume	Open Interest	IV
3	3.06	-21.40%	3.1	3.3	0	1	2.4844
4	2.8	-11.80%	1.3	2.85	0	10	2.0117
5	1.23	-19.20%	1	1.5	6	5	1.4883
6	0.6	-14.40%	0.4	1.7	5	4	1.7617
7	1.75	13.49%	1.15	1.75	1	15	1.1445
8	1.1	18.03%	0.8	1.4	1	1	1.1856
9	0.2	19.33%	0.05	0.45	23	81	1.4023
10	0.15	31.65%	0.05	0.2	1	30	1.3398
11	0.05	43.32%	N/A	N/A	2	30	1.4063
12	0.17	57.85%	N/A	N/A	1	1	2.9219
13	0.01	68.74%	N/A	N/A	0	1	2.4609

Puts

Strike	Last Price	Breakeven	Bid	Ask	Volume	Open Interest	IV
3	0.05	-60.44%	N/A	N/A	10	1	2.7188
4	0.25	-44.88%	0.15	0.55	0	2	1.6172
5	0.9	-23.48%	0.75	1.35	11	51	1.8555
6	0.6	-14.40%	0.55	1	2	8	1.3203
7	1.43	9.34%	1.1	2	1	1	1.5742
8	2.15	31.65%	1.7	2.7	6	6	1.5918
9	3.39	60.70%	3.6	5.4	1	1	2.5273
10	4.6	89.36%	4.2	5.2	6	6	2.207
11	6.07	121.40%	5.2	6.2	3	3	2.4102
15	9	211.28%	8.7	10.4	3	1	4.043