ProShares UltraShort Nasdaq Biotechnology -2x Shares

BISNASDAQ · USD
12.10USD0.00 (+2.88%)

ProShares UltraShort Nasdaq Biotechnology -2x Shares (BIS) Implied Volatility Current

BIS implied volatility is 62%. IV Rank is 40%, placing current premiums in the middle of their 52-week range.

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Tracking BIS implied volatility helps you identify when options premiums on ProShares UltraShort Nasdaq Biotechnology -2x Shares are historically cheap or expensive, and where the best trades are hiding. ProShares UltraShort Nasdaq Biotechnology -2x Shares implied volatility reflects the market's expectation of future price movement: when BIS IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor ProShares UltraShort Nasdaq Biotechnology -2x Shares's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For BIS, tracking metrics like BIS IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on BIS signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

ProShares UltraShort Nasdaq Biotechnology seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where BIS implied volatility sits today versus where it has been. Our scanner ranks ProShares UltraShort Nasdaq Biotechnology -2x Shares implied volatility against its historical range, surfaces extremes in BIS IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether ProShares UltraShort Nasdaq Biotechnology -2x Shares IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
39.68%IV Rank
Moderate

IV is below its typical range - premiums look reasonable for buyers.

Implied Volatility (30d)61.71%

IV Rank39.68%

Historical Volatility (30d)56.90%

IV - HV+4.81%

As of September 15, 2026

Trade options with IV on your side

Track BIS IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.

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