Monitoring IGHG open interest helps you see where real money is positioned on ProShares Investment Grade-Interest Rate Hedged's options and which strikes are attracting the most commitment from traders. ProShares Investment Grade-Interest Rate Hedged's open interest reflects the total number of outstanding contracts that have not been closed or exercised, making it a powerful gauge of liquidity, conviction, and potential support and resistance zones. Use our scanner to monitor IGHG options open interest in real time and find the strikes that matter.
Open interest is distinct from volume: volume counts how many contracts are traded in a session, while open interest counts how many remain open at the end of the day. Rising IGHG options open interest alongside rising volume suggests new positions are being built, while falling open interest signals positions are being closed. Heavy open interest at specific strikes often acts as a magnet near expiration and can hint at where dealers and large traders expect ProShares Investment Grade-Interest Rate Hedged to settle.
The index is comprised of (a) long positions in USD-denominated investment grade corporate bonds issued by both U.S. and foreign domiciled companies; and (b) short positions in U.S. Treasury notes or bonds ("Treasury Securities") of, in aggregate, approximate equivalent duration to the investment grade bonds. The fund will invest at least 80% of its total assets in component securities (i.e., securities of the index) and invest at least 80% of its total assets in investment grade bonds.
Pin risk into expiration, dealer positioning, liquidity checks for large orders — all of it starts with knowing where IGHG open interest is concentrated. Our scanner maps ProShares Investment Grade-Interest Rate Hedged's open interest across every strike and expiry, flags unusual buildups, and lets you drill into the contracts that institutional money is actually holding. Trade ProShares Investment Grade-Interest Rate Hedged's options open interest as the signal it is, not as an afterthought.
