Simplify Commodities Stock Options

HARD Etf   35.10  -0.67  -1.87%   
At May 15th 2026, Simplify Commodities Strategy shows 10 calls and 10 puts across 20 contracts. Moneyness counts currently show 7 in-the-money calls, 3 out-of-the-money calls, 3 in-the-money puts, and 7 out-of-the-money puts. The largest open-interest concentrations appear near call strike 33.0 and put strike 29.0. Across this chain snapshot, the combined implied volatility measure is about 0.45. Open interest totals 0 puts and 8.0 calls, which means the current open interest split cannot be estimated from the current snapshot.

Moneyness Snapshot for Simplify Commodities

Current moneyness split: 7 in-the-money calls, 3 out-of-the-money calls, 3 in-the-money puts, and 7 out-of-the-money puts.

In-the-Money Call Balance for Simplify Commodities

Call contracts: 7 in-the-money vs 3 out-of-the-money.

Simplify Options Market Tone

Open interest totals 0.0 puts vs 8.0 calls.

Put-to-Call Volume

Rule 16 Summary for current Simplify contract

Implied volatility for 2026-05-15 options corresponds to a daily move of about 2.81% under Rule 16. At the current price level of $ 35.1, the implied move is near $ 0.99. This reflects market-implied movement rather than directional bias.
  

Option Chain

Simplify Commodities puts are in the money when the stock trades below the strike price, while calls are ITM when it trades above. In-the-money options carry more intrinsic value and typically respond more predictably to changes in the underlying price, but they also cost more than OTM contracts.
Simplify Commodities has options available across multiple strike prices, shown in the chain below. Investors should review premium levels, open interest patterns, and implied volatility before establishing any options position.
Across the current expiration, Simplify Commodities Strategy lists 20 option contracts. The aggregate implied volatility across the chain sits at 0.45, reflecting the market's current expectation for near-term price movement. By moneyness, there are 7 ITM and 3 OTM calls alongside 3 ITM and 7 OTM puts.
Open IntStrike PriceCurrent SpreadLast Price
Call
HARD260515C00038000038.00.0 - 2.852.85Out
Call
HARD260515C00037000037.00.0 - 3.23.2Out
Call
HARD260515C00036000036.00.0 - 3.53.5Out
Call
HARD260515C00035000035.00.05 - 4.00.05In
Call
HARD260515C00034000034.00.6 - 4.50.6In
Call
HARD260515C00033000733.01.2 - 5.11.4In
Call
HARD260515C00032000132.02.05 - 5.91.0In
Call
HARD260515C00031000031.02.8 - 6.72.8In
Call
HARD260515C00030000030.03.6 - 7.73.6In
Call
HARD260515C00029000029.04.6 - 8.64.6In
 Put
HARD260515P00038000038.01.55 - 5.41.55In
 Put
HARD260515P00037000037.00.8 - 4.70.8In
 Put
HARD260515P00036000036.00.15 - 4.00.15In
 Put
HARD260515P00035000035.00.0 - 3.43.4Out
 Put
HARD260515P00034000034.00.0 - 2.952.95Out
 Put
HARD260515P00033000033.00.0 - 2.62.6Out
 Put
HARD260515P00032000032.00.0 - 2.352.35Out
 Put
HARD260515P00031000031.00.0 - 2.352.35Out
 Put
HARD260515P00030000030.00.0 - 2.252.25Out
 Put
HARD260515P00029000029.00.0 - 2.152.15Out

Open Interest

The current options landscape for Simplify Commodities Strategy shows where traders see the greatest opportunity and risk relative to the current price. The balance between put and call activity is one of the more direct measures of sentiment available in the derivatives market.
Open interest for Simplify Commodities Strategy currently totals 8.0 contracts, with 8.0 on the call side and 0 on the put side. Peak call OI sits at strike 33.0 and peak put OI at strike 29.0, marking the key levels traders are watching.

Open Interest for May 15th 2026 Calls

Open Interest for May 15th 2026 Puts

Options Data Overview & Methodology

Option interest around Simplify Commodities can reveal support, resistance, and sentiment asymmetry. The options landscape for Simplify Commodities provides a structured view of near-term market expectations. Options metrics are derived from exchange records and may reflect intraday conditions. A rising options premium does not always imply direction; it may reflect uncertainty and event pricing.

Macroaxis compiles Simplify Commodities Strategy metrics from fund disclosures and market reference feeds and applies consistent transformation rules before display. Not all fields update in real time. Option-chain values are sourced from exchange feeds and can be delayed.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on March 5th, 2026

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