ProShares UltraPro Stock Options
| TQQQ Etf | USD 85.21 2.81 3.41% |
ProShares UltraPro's latest option contracts expiring on January 10th 2025 are carrying combined implied volatility of 0.59 with a put-to-call open interest ratio of 1.18 over 31 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on January 10th 2025. The total put volume is at 26.0, with calls trading at the volume of 75.0. This yields a 0.35 put-to-call volume ratio.
Open Interest Against January 10th 2025 Option Contracts
2025-01-10
The chart above shows ProShares UltraPro's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. ProShares UltraPro's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ProShares UltraPro's option, there is no secondary market available for investors to trade.
ProShares UltraPro Maximum Pain Price Across 2025-01-10 Option Contracts
Max pain occurs when ProShares UltraPro's market makers reach a net positive position across all ProShares UltraPro's options at a strike price where option holders stand to lose the most money. By contrast, ProShares UltraPro's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on ProShares UltraPro
Analyzing ProShares UltraPro's in-the-money options over time can help investors to take a profitable long position in ProShares UltraPro regardless of its overall volatility. This is especially true when ProShares UltraPro's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ProShares UltraPro's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ProShares UltraPro's stock while costing only a fraction of its price.
ProShares UltraPro QQQ In The Money Call Balance
When ProShares UltraPro's strike price is surpassing the current stock price, the option contract against ProShares UltraPro QQQ stock is said to be in the money. When it comes to buying ProShares UltraPro's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on ProShares UltraPro QQQ are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
ProShares Current Options Market Mood
ProShares UltraPro's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps ProShares Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of ProShares UltraPro's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. ProShares UltraPro's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current ProShares contract
Base on the Rule 16, the options market is currently suggesting that ProShares UltraPro QQQ will have an average daily up or down price movement of about 0.0369% per day over the life of the 2025-01-10 option contract. With ProShares UltraPro trading at USD 85.21, that is roughly USD 0.0314. If you think that the market is fully incorporating ProShares UltraPro's daily price movement you should consider buying ProShares UltraPro QQQ options at the current volatility level of 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing ProShares UltraPro options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" ProShares calls. Remember, the seller must deliver ProShares UltraPro QQQ stock to the call owner when a call is exercised.
ProShares UltraPro Option Chain
When ProShares UltraPro's strike price is surpassing the current stock price, the option contract against ProShares UltraPro QQQ stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
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 Int | Strike Price | Current Spread | Last Price | |||
Call | TQQQ250110C00045000 | 0 | 45.0 | 33.05 - 37.2 | 33.05 | In |
Call | TQQQ250110C00050000 | 0 | 50.0 | 28.1 - 32.3 | 28.1 | In |
Call | TQQQ250110C00055000 | 0 | 55.0 | 23.2 - 27.45 | 23.2 | In |
Call | TQQQ250110C00060000 | 0 | 60.0 | 18.5 - 22.75 | 18.5 | In |
Call | TQQQ250110C00065000 | 0 | 65.0 | 14.05 - 18.15 | 15.6 | In |
Call | TQQQ250110C00066000 | 0 | 66.0 | 13.1 - 17.3 | 13.1 | In |
Call | TQQQ250110C00067000 | 0 | 67.0 | 12.15 - 16.3 | 12.15 | In |
Call | TQQQ250110C00068000 | 0 | 68.0 | 11.3 - 15.55 | 11.3 | In |
Call | TQQQ250110C00069000 | 0 | 69.0 | 10.45 - 14.6 | 10.45 | In |
Call | TQQQ250110C00070000 | 0 | 70.0 | 9.65 - 13.8 | 11.45 | In |
Call | TQQQ250110C00075500 | 55 | 75.5 | 5.45 - 9.7 | 6.55 | In |
Call | TQQQ250110C00077000 | 3 | 77.0 | 4.45 - 8.55 | 6.2 | In |
Call | TQQQ250110C00077500 | 5 | 77.5 | 4.15 - 6.3 | 5.15 | In |
Call | TQQQ250110C00078000 | 13 | 78.0 | 3.8 - 7.95 | 5.8 | In |
Call | TQQQ250110C00085000 | 2 | 85.0 | 1.67 - 3.05 | 1.88 | Out |
Put | TQQQ250110P00045000 | 0 | 45.0 | 0.0 - 2.18 | 2.18 | |
Put | TQQQ250110P00050000 | 0 | 50.0 | 0.0 - 2.26 | 2.26 | |
Put | TQQQ250110P00055000 | 0 | 55.0 | 0.0 - 0.65 | 0.65 | |
Put | TQQQ250110P00060000 | 0 | 60.0 | 0.54 - 1.2 | 0.59 | |
Put | TQQQ250110P00065000 | 0 | 65.0 | 0.0 - 3.15 | 0.95 | |
Put | TQQQ250110P00066000 | 0 | 66.0 | 0.0 - 3.25 | 1.08 | |
Put | TQQQ250110P00067000 | 0 | 67.0 | 0.0 - 3.35 | 3.35 | |
Put | TQQQ250110P00068000 | 0 | 68.0 | 0.0 - 3.5 | 3.5 | |
Put | TQQQ250110P00069000 | 0 | 69.0 | 0.0 - 1.69 | 1.69 | |
Put | TQQQ250110P00070000 | 0 | 70.0 | 0.0 - 2.0 | 1.36 | |
Put | TQQQ250110P00073500 | 3 | 73.5 | 0.5 - 4.45 | 2.62 | Out |
Put | TQQQ250110P00074000 | 1 | 74.0 | 0.65 - 3.75 | 3.5 | Out |
Put | TQQQ250110P00075000 | 1 | 75.0 | 1.64 - 3.1 | 2.5 | Out |
Put | TQQQ250110P00077000 | 6 | 77.0 | 1.42 - 5.5 | 4.4 | Out |
Put | TQQQ250110P00077500 | 26 | 77.5 | 1.59 - 5.7 | 4.0 | Out |
Put | TQQQ250110P00078000 | 55 | 78.0 | 1.78 - 5.95 | 4.11 | Out |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraPro 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 producer price index. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of ProShares UltraPro 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 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.