AGQ250919C00038000 Option on ProShares Ultra Silver

AGQ Etf  USD 48.74  0.70  1.42%   
AGQ250919C00038000 is a PUT option contract on ProShares Ultra's common stock with a strick price of 38.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 77 days remaining before the expiration. The option is currently trading at a bid price of $12.2, and an ask price of $12.6. The implied volatility as of the 4th of July is 77.0.
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 2025-09-19 Option Contract

The options market is anticipating that ProShares Ultra Silver will have an average daily up or down price movement of about 0.0318% per day over the life of the option. With ProShares Ultra trading at USD 48.74, that is roughly USD 0.0155. If you think that the market is fully understating ProShares Ultra's daily price movement you should consider buying ProShares Ultra Silver options at that current volatility level of 0.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on ProShares Ultra

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their ProShares Ultra positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on ProShares Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameAGQ250919C00038000
Expires On2025-09-19
Days Before Expriration77
Delta0.898563
Vega0.040532
Gamma0.01523
Theoretical Value12.4
Open Interest334
Strike Price38.0
Last Traded At11.6
Current Price Spread12.2 | 12.6
Rule 16 Daily Up or DownUSD 0.0155

ProShares short PUT Option Greeks

ProShares Ultra's Option Greeks for the contract ending on 2025-09-19 at a strike price of 38.0 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.
Delta0.898563
Gamma0.01523
Theta-0.016912
Vega0.040532
Rho0.068437

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 50.4 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 38.0, the payoff chart is constant and positive.
   Profit   
       ProShares Ultra Price At Expiration  
View All ProShares Ultra Options

ProShares Ultra Silver 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
AGQ250919C00075000675.00.0 - 0.90.6Out
Call
AGQ250919C000700003670.00.65 - 1.750.72Out
Call
AGQ250919C0006500014265.01.15 - 1.51.5Out
Call
AGQ250919C0006000013260.00.9 - 2.52.0Out
Call
AGQ250919C0005500070255.03.0 - 3.43.18Out
Call
AGQ250919C0005200027452.03.9 - 4.34.13Out
Call
AGQ250919C0005100042651.04.3 - 4.74.0Out
Call
AGQ250919C0005000070750.04.7 - 6.04.78Out
Call
AGQ250919C000490003049.05.1 - 5.45.2In
Call
AGQ250919C0004800013848.05.5 - 5.95.8In
Call
AGQ250919C000470006747.06.0 - 6.36.2In
Call
AGQ250919C0004600013746.06.5 - 7.06.52In
Call
AGQ250919C0004500035345.07.1 - 7.57.1In
Call
AGQ250919C0004400022544.07.7 - 8.08.22In
Call
AGQ250919C000430004543.07.4 - 8.97.23In
Call
AGQ250919C000420009142.07.2 - 9.610.85In
Call
AGQ250919C000410004341.09.2 - 10.411.8In
Call
AGQ250919C00040000176440.010.5 - 10.810.6In
Call
AGQ250919C000390006639.09.5 - 11.912.38In
Call
AGQ250919C0003800033438.012.2 - 12.611.6In
Call
AGQ250919C000370004737.011.0 - 14.09.1In
Call
AGQ250919C000360002636.011.8 - 14.511.8In
Call
AGQ250919C0003500010035.012.7 - 15.512.47In
Call
AGQ250919C000340002834.013.7 - 16.413.7In
Call
AGQ250919C00033000233.014.6 - 17.38.4In
Call
AGQ250919C00032000732.015.5 - 18.015.5In
Call
AGQ250919C000300009630.019.2 - 20.218.9In
Call
AGQ250919C000270003027.020.4 - 23.120.4In
Call
AGQ250919C000200003320.027.3 - 30.628.6In
When determining whether ProShares Ultra Silver 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 Ultra Silver Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultra Silver Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Silver. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of ProShares Ultra Silver 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.