SCO250117C00019000 Option on ProShares UltraShort
SCO Etf | USD 16.03 0.27 1.66% |
SCO250117C00019000 is a PUT option contract on ProShares UltraShort's common stock with a strick price of 19.0 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 $4.3, and an ask price of $4.6. The implied volatility as of the 8th of January is 9.0.
ProShares |
A put option written on ProShares UltraShort becomes more valuable as the price of ProShares UltraShort drops. Conversely, ProShares UltraShort's put option loses its value as ProShares Etf rises.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that ProShares UltraShort Bloomberg will have an average daily up or down price movement of about 0.0414% per day over the life of the option. With ProShares UltraShort trading at USD 16.03, that is roughly USD 0.006631. If you think that the market is fully understating ProShares UltraShort's daily price movement you should consider buying ProShares UltraShort Bloomberg options at that current volatility level of 0.66%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on ProShares UltraShort
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 UltraShort's 'Out of The Money' options include buying the options if you expect a big move in ProShares UltraShort'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 Name | SCO250117C00019000 |
Expires On | 2025-01-17 |
Days Before Expriration | 9 |
Delta | 0.590822 |
Vega | 0.072602 |
Gamma | 0.028908 |
Theoretical Value | 4.45 |
Open Interest | 17 |
Strike Price | 19.0 |
Current Price Spread | 4.3 | 4.6 |
Rule 16 Daily Up or Down | USD 0.006631 |
ProShares short PUT Option Greeks
ProShares UltraShort's Option Greeks for the contract ending on 2025-01-17 at a strike price of 19.0 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 UltraShort's option greeks, its implied volatility helps estimate the risk of ProShares UltraShort stock implied by the prices of the options on ProShares UltraShort's stock.
Delta | 0.590822 | |
Gamma | 0.028908 | |
Theta | -0.005122 | |
Vega | 0.072602 | |
Rho | 0.067184 |
ProShares long PUT Option Payoff at expiration
Put options written on ProShares UltraShort grant holders of the option the right to sell a specified amount of ProShares UltraShort 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 UltraShort is like buying insurance aginst ProShares UltraShort's downside shift.
Profit |
ProShares UltraShort Price At Expiration |
ProShares short PUT Option Payoff at expiration
By selling ProShares UltraShort's put option, the investors signal their bearish sentiment. A short position in a put option written on ProShares UltraShort will generally make money when the underlying price is above the strike price. Therefore ProShares UltraShort's put payoff at expiration depends on where the ProShares Etf price is relative to the put option strike price. The breakeven price of 23.45 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 UltraShort's price. Finally, at the strike price of 19.0, the payoff chart is constant and positive.
Profit |
ProShares UltraShort Price At Expiration |
ProShares UltraShort Available Call Options
ProShares UltraShort'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 UltraShort 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 Int | Strike Price | Current Spread | Last Price | |||
Call | SCO250117C00005000 | 26 | 5.0 | 12.0 - 12.3 | 12.0 | Out |
Call | SCO250117C00010000 | 2 | 10.0 | 7.8 - 8.8 | 7.8 | Out |
Call | SCO250117C00011000 | 0 | 11.0 | 7.2 - 7.7 | 7.2 | |
Call | SCO250117C00012000 | 0 | 12.0 | 6.7 - 7.0 | 6.7 | |
Call | SCO250117C00013000 | 0 | 13.0 | 6.2 - 6.5 | 6.2 | |
Call | SCO250117C00014000 | 0 | 14.0 | 5.8 - 6.1 | 5.8 | |
Call | SCO250117C00015000 | 16 | 15.0 | 5.4 - 5.8 | 5.4 | Out |
Call | SCO250117C00016000 | 0 | 16.0 | 5.1 - 5.4 | 5.1 | |
Call | SCO250117C00017000 | 1 | 17.0 | 4.8 - 5.1 | 4.8 | Out |
Call | SCO250117C00018000 | 37 | 18.0 | 4.5 - 4.8 | 4.5 | Out |
Call | SCO250117C00019000 | 17 | 19.0 | 4.3 - 4.6 | 4.3 | Out |
Call | SCO250117C00020000 | 69 | 20.0 | 4.0 - 4.3 | 4.0 | Out |
Call | SCO250117C00021000 | 15 | 21.0 | 3.8 - 4.1 | 3.8 | Out |
Call | SCO250117C00022000 | 8 | 22.0 | 3.6 - 3.8 | 3.6 | Out |
Call | SCO250117C00023000 | 1 | 23.0 | 3.4 - 3.7 | 3.4 | Out |
Call | SCO250117C00024000 | 11 | 24.0 | 3.3 - 3.6 | 3.43 | Out |
Call | SCO250117C00025000 | 24 | 25.0 | 3.1 - 3.4 | 3.1 | Out |
Call | SCO250117C00026000 | 42 | 26.0 | 3.0 - 3.3 | 3.0 | Out |
Call | SCO250117C00027000 | 8 | 27.0 | 2.85 - 3.2 | 2.85 | Out |
Call | SCO250117C00028000 | 22 | 28.0 | 2.75 - 3.1 | 2.75 | Out |
Call | SCO250117C00029000 | 17 | 29.0 | 2.65 - 2.95 | 2.65 | Out |
Call | SCO250117C00030000 | 33 | 30.0 | 2.55 - 2.85 | 2.55 | Out |
Call | SCO250117C00032000 | 1 | 32.0 | 2.4 - 2.7 | 2.4 | Out |
Call | SCO250117C00033000 | 82 | 33.0 | 2.35 - 2.65 | 2.35 | Out |
Call | SCO250117C00034000 | 6 | 34.0 | 2.25 - 2.55 | 2.25 | Out |
Call | SCO250117C00035000 | 9 | 35.0 | 2.2 - 2.5 | 2.2 | Out |
Call | SCO250117C00036000 | 8 | 36.0 | 2.15 - 2.45 | 2.15 | Out |
Call | SCO250117C00037000 | 43 | 37.0 | 2.25 - 2.4 | 2.34 | Out |
Call | SCO250117C00038000 | 19 | 38.0 | 2.15 - 2.35 | 2.25 | Out |
Call | SCO250117C00040000 | 190 | 40.0 | 2.0 - 2.25 | 2.0 | Out |
Call | SCO250117C00045000 | 4179 | 45.0 | 1.9 - 2.0 | 1.95 | Out |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of ProShares UltraShort 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 UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort'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 UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort'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 UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort'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.