ProShares UltraShort MSCI Japan -2x Shares
ProShares UltraShort MSCI Japan -2x Shares (EWV) Implied Volatility Current
EWV's 30 day implied volatility is 82.62%, with an IV Rank of 83.33%. This is a high IV Rank versus the past year, meaning ProShares UltraShort MSCI Japan -2x Shares options are relatively expensive and currently favor sellers. EWV's 30 day historical volatility sits at 43.48%, which means implied volatility is running 39.14 points above historical volatility, as of Nov 5, 2026.
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Tracking EWV implied volatility helps you spot when ProShares UltraShort MSCI Japan -2x Shares options are historically cheap or expensive, and where the best trades are hiding. When EWV IV rises, premiums increase and sellers get more attractive pricing, and when it drops, buyers find cheaper contracts. Use our scanner to monitor EWV implied volatility current levels in real time and filter for high probability trades.
Implied volatility is derived from option prices and represents the annualized expected move of a stock. Tracking EWV IV rank helps you see whether EWV's implied volatility is historically high or low, since IV rank compares today's reading against the past year's range. A high rank signals relatively expensive premiums and tends to favor sellers, a low rank signals relatively cheap premiums and tends to favor buyers.
ProShares UltraShort MSCI Japan seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Japan Index.
Implied Volatility
IV is highly elevated. Premiums are expensive, strongly favoring sellers.
As of Nov 5, 2026
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