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ProShares Trust UltraShort Lehman 20+ Year Treasury TBT

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Market dataready · fetched 2026-10-20T06:07:49.201Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyRecorded provider observations · delta-comparison-v1 · expiration-specific

History data

PriceAlpaca · sip · 2026-10-20T00:00:00.169046293Z

FundamentalsAlpha Vantage · ready

Share price$40.62
1D+1.3%
AH$40.00$40.18$40.35$40.52$40.705:30 AM6:30 AM9:00 AM1:00 PM2:00 PMTBT
Sold putSold callAH

ProShares Trust UltraShort Lehman 20+ Year Treasury options

Live interpolated TBT call and put midpoint premiums by absolute delta.ProShares Trust UltraShort Lehman 20+ Year Treasury$0.20$2.23$4.26$6.29$8.31$35.08$37.86$40.64$43.42$46.2020Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive TBT spot · $40.62TBT PRICE$1.02$0.58$0.59$0.73$0.88$1.04$1.20$1.38$1.55$1.81$2.09$2.32$2.43$0.42$1.06$0.86$0.88$0.97$1.21$1.45$1.75$2.08$2.76$4.14$4.14$7.73
PutsFair0.98×
CallsCheap0.84×
SkewBearish+4.96 pp
Implied moveBearish±$2.65
TiltBearish25.1% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ52.9688.4%32.9%37.9530.6%7.6%
25Δ44.3236.5%10.5%36.7957.1%12.0%
30Δ42.6226.9%6.4%38.6836.8%6.9%
35Δ42.1527.1%5.6%39.5030.2%4.9%
40Δ41.7227.1%4.9%40.0727.2%3.7%
45Δ41.3026.9%4.2%40.4928.0%3.3%
50Δ40.8826.6%3.6%40.9128.8%2.9%
55Δ40.5026.1%3.1%41.3729.7%2.5%
60Δ40.1125.5%2.6%41.8630.5%2.1%
65Δ39.7025.6%2.2%42.6234.5%1.9%
70Δ39.2725.9%1.8%44.0043.5%1.9%
75Δ38.9025.1%1.5%44.2538.9%1.3%
80Δ38.6322.6%1.1%47.7958.9%1.4%

20Δ

Calls
Pseudo strike
52.96
IV
88.4%
B/E move
32.9%
Puts
Pseudo strike
37.95
IV
30.6%
B/E move
7.6%

25Δ

Calls
Pseudo strike
44.32
IV
36.5%
B/E move
10.5%
Puts
Pseudo strike
36.79
IV
57.1%
B/E move
12.0%

30Δ

Calls
Pseudo strike
42.62
IV
26.9%
B/E move
6.4%
Puts
Pseudo strike
38.68
IV
36.8%
B/E move
6.9%

35Δ

Calls
Pseudo strike
42.15
IV
27.1%
B/E move
5.6%
Puts
Pseudo strike
39.50
IV
30.2%
B/E move
4.9%

40Δ

Calls
Pseudo strike
41.72
IV
27.1%
B/E move
4.9%
Puts
Pseudo strike
40.07
IV
27.2%
B/E move
3.7%

45Δ

Calls
Pseudo strike
41.30
IV
26.9%
B/E move
4.2%
Puts
Pseudo strike
40.49
IV
28.0%
B/E move
3.3%

50Δ

Calls
Pseudo strike
40.88
IV
26.6%
B/E move
3.6%
Puts
Pseudo strike
40.91
IV
28.8%
B/E move
2.9%

55Δ

Calls
Pseudo strike
40.50
IV
26.1%
B/E move
3.1%
Puts
Pseudo strike
41.37
IV
29.7%
B/E move
2.5%

60Δ

Calls
Pseudo strike
40.11
IV
25.5%
B/E move
2.6%
Puts
Pseudo strike
41.86
IV
30.5%
B/E move
2.1%

65Δ

Calls
Pseudo strike
39.70
IV
25.6%
B/E move
2.2%
Puts
Pseudo strike
42.62
IV
34.5%
B/E move
1.9%

70Δ

Calls
Pseudo strike
39.27
IV
25.9%
B/E move
1.8%
Puts
Pseudo strike
44.00
IV
43.5%
B/E move
1.9%

75Δ

Calls
Pseudo strike
38.90
IV
25.1%
B/E move
1.5%
Puts
Pseudo strike
44.25
IV
38.9%
B/E move
1.3%

80Δ

Calls
Pseudo strike
38.63
IV
22.6%
B/E move
1.1%
Puts
Pseudo strike
47.79
IV
58.9%
B/E move
1.4%

Options history

TBT27.2827.3027.332026-10-19T19:52:34.487000+00:00: 27.30%Oct 19Oct 19
Table
ObservationIVSkewImplied move
27.30%20.52 pp6.52%