QLD250117C00041000 Option on ProShares Ultra QQQ

QLD Etf  USD 109.71  4.10  3.60%   
QLD250117C00041000 is a PUT option contract on ProShares Ultra's common stock with a strick price of 41.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $23.8, and an ask price of $25.3. The implied volatility as of the 8th of January is 9.0.
  
When exercised, put options on ProShares Ultra produce a short position in ProShares Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on ProShares Ultra's downside price movement.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that ProShares Ultra QQQ will have an average daily up or down price movement of about 0.0281% per day over the life of the option. With ProShares Ultra trading at USD 109.71, that is roughly USD 0.0309. If you think that the market is fully understating ProShares Ultra's daily price movement you should consider buying ProShares Ultra QQQ options at that current volatility level of 0.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on ProShares Ultra

An 'Out of The Money' option on ProShares has a strike price that ProShares Etf has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for ProShares Ultra's 'Out of The Money' options include buying the options if you expect a big move in ProShares Ultra's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameQLD250117C00041000
Expires On2025-01-17
Days Before Expriration9
Delta0.874461
Vega0.141585
Gamma0.006691
Theoretical Value24.55
Open Interest2
Strike Price41.0
Current Price Spread23.8 | 25.3
Rule 16 Daily Up or DownUSD 0.0309

ProShares short PUT Option Greeks

ProShares Ultra's Option Greeks for the contract ending on 2025-01-17 at a strike price of 41.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to ProShares Ultra's option greeks, its implied volatility helps estimate the risk of ProShares Ultra stock implied by the prices of the options on ProShares Ultra's stock.
Delta0.874461
Gamma0.006691
Theta-0.010965
Vega0.141585
Rho0.364407

ProShares long PUT Option Payoff at expiration

Put options written on ProShares Ultra grant holders of the option the right to sell a specified amount of ProShares Ultra at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of ProShares Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on ProShares Ultra is like buying insurance aginst ProShares Ultra's downside shift.
   Profit   
       ProShares Ultra Price At Expiration  

ProShares short PUT Option Payoff at expiration

By selling ProShares Ultra's put option, the investors signal their bearish sentiment. A short position in a put option written on ProShares Ultra will generally make money when the underlying price is above the strike price. Therefore ProShares Ultra's put payoff at expiration depends on where the ProShares Etf price is relative to the put option strike price. The breakeven price of 65.55 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to ProShares Ultra's price. Finally, at the strike price of 41.0, the payoff chart is constant and positive.
   Profit   
       ProShares Ultra Price At Expiration  
View All ProShares Ultra Options

ProShares Ultra QQQ Available Call Options

ProShares Ultra's option chain is a display of a range of information that helps investors for ways to trade options on ProShares. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ProShares. It also shows strike prices and maturity days for a ProShares Ultra against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
QLD250117C0002000012320.040.7 - 41.740.7Out
Call
QLD250117C000250007925.036.5 - 37.536.5Out
Call
QLD250117C000300002130.032.4 - 33.432.4Out
Call
QLD250117C00031000031.031.0 - 33.631.0Out
Call
QLD250117C00032000032.030.4 - 32.930.4Out
Call
QLD250117C00033000033.029.5 - 32.129.5Out
Call
QLD250117C00034000634.029.3 - 30.129.3Out
Call
QLD250117C000350001135.028.5 - 29.428.5Out
Call
QLD250117C00036000736.027.8 - 28.627.8Out
Call
QLD250117C00037000137.026.7 - 28.226.7Out
Call
QLD250117C00039000339.025.0 - 26.725.0Out
Call
QLD250117C0004000024640.024.8 - 25.824.8Out
Call
QLD250117C00041000241.023.8 - 25.323.8Out
Call
QLD250117C000420001142.023.3 - 24.323.3Out
Call
QLD250117C00043000243.022.6 - 23.822.6Out
Call
QLD250117C000450002645.021.3 - 22.121.3Out
Call
QLD250117C00046000246.020.4 - 21.820.4Out
Call
QLD250117C00047000547.019.7 - 21.919.7Out
Call
QLD250117C00048000148.019.2 - 21.419.2Out
Call
QLD250117C00049000749.018.7 - 19.518.7Out
Call
QLD250117C000500006150.018.1 - 18.818.0Out
Call
QLD250117C000520002052.016.9 - 17.616.9Out
Call
QLD250117C00053000153.016.1 - 17.516.1Out
Call
QLD250117C00054000154.015.1 - 16.815.1Out
Call
QLD250117C000550002855.015.1 - 15.915.1Out
Call
QLD250117C000560004956.014.6 - 15.314.6Out
Call
QLD250117C000600002260.012.1 - 13.212.1Out
Call
QLD250117C00062000162.011.1 - 12.111.1Out
Call
QLD250117C00064000564.010.6 - 11.210.6Out
Call
QLD250117C0006500034265.010.1 - 10.810.1Out
Call
QLD250117C00066000466.09.6 - 10.49.6Out
Call
QLD250117C00067000467.09.1 - 9.89.1Out
Call
QLD250117C00068000168.08.9 - 9.48.9Out
Call
QLD250117C0007000044070.08.1 - 8.58.1Out
Call
QLD250117C0007500011875.06.4 - 6.96.4Out
Call
QLD250117C000800009680.05.0 - 5.55.0Out
Call
QLD250117C0008500012185.03.8 - 4.23.8Out
Call
QLD250117C000900002890.02.95 - 3.32.95Out
Call
QLD250117C00095000395.02.3 - 2.62.3Out
Call
QLD250117C0010000026100.01.75 - 2.11.75Out
When determining whether ProShares Ultra QQQ is a strong investment it is important to analyze ProShares Ultra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Ultra QQQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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The market value of ProShares Ultra QQQ is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.