SPXU250117P00018000 Option on ProShares UltraPro Short

SPXU Etf  USD 22.20  0.05  0.22%   
SPXU250117P00018000 is a PUT option contract on ProShares UltraPro's common stock with a strick price of 18.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 8 days remaining before the expiration. The option is currently trading at a bid price of $5.0, and an ask price of $10.0. The implied volatility as of the 9th of January is 8.0.
  
When exercised, put options on ProShares UltraPro 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 UltraPro's downside price movement.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that ProShares UltraPro Short will have an average daily up or down price movement of about 0.0432% per day over the life of the option. With ProShares UltraPro trading at USD 22.2, that is roughly USD 0.009588. If you think that the market is fully understating ProShares UltraPro's daily price movement you should consider buying ProShares UltraPro Short options at that current volatility level of 0.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on ProShares UltraPro

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 UltraPro's 'Out of The Money' options include buying the options if you expect a big move in ProShares UltraPro'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.
Put Contract NameSPXU250117P00018000
Expires On2025-01-17
Days Before Expriration8
Vega0.051981
Gamma0.044418
Theoretical Value7.5
Open Interest2
Strike Price18.0
Current Price Spread5.0 | 10.0
Rule 16 Daily Up or DownUSD 0.009588

ProShares short PUT Option Greeks

ProShares UltraPro's Option Greeks for the contract ending on 2025-01-17 at a strike price of 18.0 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 UltraPro's option greeks, its implied volatility helps estimate the risk of ProShares UltraPro stock implied by the prices of the options on ProShares UltraPro's stock.
Delta-0.557685
Gamma0.044418
Theta-0.002615
Vega0.051981
Rho-0.102801

ProShares long PUT Option Payoff at expiration

Put options written on ProShares UltraPro grant holders of the option the right to sell a specified amount of ProShares UltraPro 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 UltraPro is like buying insurance aginst ProShares UltraPro's downside shift.
   Profit   
       ProShares UltraPro Price At Expiration  

ProShares short PUT Option Payoff at expiration

By selling ProShares UltraPro's put option, the investors signal their bearish sentiment. A short position in a put option written on ProShares UltraPro will generally make money when the underlying price is above the strike price. Therefore ProShares UltraPro's put payoff at expiration depends on where the ProShares Etf price is relative to the put option strike price. The breakeven price of 10.5 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 UltraPro's price. Finally, at the strike price of 18.0, the payoff chart is constant and positive.
   Profit   
       ProShares UltraPro Price At Expiration  
View All ProShares UltraPro Options

ProShares UltraPro Short Available Put Options

ProShares UltraPro'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 UltraPro 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
 Put
SPXU250110P00021000021.00.71 - 1.431.8Out
 Put
SPXU250110P00020500020.50.36 - 2.870.36Out
 Put
SPXU250110P00020000020.00.0 - 4.654.65Out
 Put
SPXU250110P00019500019.50.0 - 2.52.5Out
 Put
SPXU250110P00019000019.00.05 - 0.461.2Out
 Put
SPXU250110P00018500018.50.0 - 2.332.33Out
 Put
SPXU250110P00018000018.00.0 - 4.24.2Out
 Put
SPXU250110P00017500017.50.0 - 4.654.65Out
 Put
SPXU250110P00017000017.00.0 - 4.34.3Out
 Put
SPXU250110P00016500016.50.0 - 4.254.25Out
When determining whether ProShares UltraPro Short is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrapro Short Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrapro Short Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraPro Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of ProShares UltraPro Short 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 UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro'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 UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro'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 UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro'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.