BITO250930C00034000 Option on ProShares Bitcoin

BITO Etf  USD 22.44  0.10  0.44%   
BITO250930C00034000 is a PUT option contract on ProShares Bitcoin's common stock with a strick price of 34.0 expiring on 2025-09-30. The contract was not traded in recent days and, as of today, has 70 days remaining before the expiration. The option is currently trading at an ask price of $0.45. The implied volatility as of the 22nd of July is 70.0.
A put option written on ProShares Bitcoin becomes more valuable as the price of ProShares Bitcoin drops. Conversely, ProShares Bitcoin's put option loses its value as ProShares Etf rises.

Rule 16 of 2025-09-30 Option Contract

The options market is anticipating that ProShares Bitcoin Strategy will have an average daily up or down price movement of about 0.0388% per day over the life of the option. With ProShares Bitcoin trading at USD 22.44, that is roughly USD 0.008697. If you think that the market is fully understating ProShares Bitcoin's daily price movement you should consider buying ProShares Bitcoin Strategy options at that current volatility level of 0.62%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on ProShares Bitcoin

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 Bitcoin's 'Out of The Money' options include buying the options if you expect a big move in ProShares Bitcoin'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 NameBITO250930C00034000
Expires On2025-09-30
Days Before Expriration70
Delta0.088259
Vega0.015841
Gamma0.02607
Theoretical Value0.23
Open Interest7
Strike Price34.0
Last Traded At0.05
Current Price Spread0.0 | 0.45
Rule 16 Daily Up or DownUSD 0.008697

ProShares short PUT Option Greeks

ProShares Bitcoin's Option Greeks for the contract ending on 2025-09-30 at a strike price of 34.0 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 Bitcoin's option greeks, its implied volatility helps estimate the risk of ProShares Bitcoin stock implied by the prices of the options on ProShares Bitcoin's stock.
Delta0.088259
Gamma0.02607
Theta-0.007127
Vega0.015841
Rho0.003415

ProShares long PUT Option Payoff at expiration

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

ProShares short PUT Option Payoff at expiration

By selling ProShares Bitcoin's put option, the investors signal their bearish sentiment. A short position in a put option written on ProShares Bitcoin will generally make money when the underlying price is above the strike price. Therefore ProShares Bitcoin's put payoff at expiration depends on where the ProShares Etf price is relative to the put option strike price. The breakeven price of 34.23 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 Bitcoin's price. Finally, at the strike price of 34.0, the payoff chart is constant and positive.
   Profit   
       ProShares Bitcoin Price At Expiration  
View All ProShares Bitcoin Options

ProShares Bitcoin Available Call Options

ProShares Bitcoin'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 Bitcoin 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
BITO250930C00040000140.00.0 - 0.350.35Out
Call
BITO250930C00039000039.00.0 - 2.132.13Out
Call
BITO250930C00038000038.00.0 - 2.132.13Out
Call
BITO250930C00037000037.00.0 - 2.132.13Out
Call
BITO250930C000360004636.00.0 - 2.02.0Out
Call
BITO250930C00035000104235.00.0 - 0.130.13Out
Call
BITO250930C00034000734.00.0 - 0.450.05Out
Call
BITO250930C00033000033.00.0 - 0.750.75Out
Call
BITO250930C000320006532.00.02 - 0.210.15Out
Call
BITO250930C000310002431.00.05 - 0.110.1Out
Call
BITO250930C0003000028330.00.02 - 0.120.16Out
Call
BITO250930C000290009529.00.1 - 0.230.21Out
Call
BITO250930C0002800025128.00.07 - 0.170.14Out
Call
BITO250930C0002700054627.00.12 - 0.250.24Out
Call
BITO250930C000260003505026.00.15 - 0.250.25Out
Call
BITO250930C0002500075525.00.3 - 0.420.35Out
Call
BITO250930C0002400070224.00.45 - 0.530.45Out
Call
BITO250930C00023000152723.00.63 - 0.810.76Out
Call
BITO250930C00022000492522.00.97 - 1.191.1In
Call
BITO250930C0002100074621.01.47 - 1.921.98In
Call
BITO250930C0002000017720.02.3 - 2.72.91In
Call
BITO250930C000190008919.03.25 - 3.654.35In
Call
BITO250930C0001800023518.04.1 - 5.654.9In
Call
BITO250930C00017000517.04.1 - 6.76.15In
Call
BITO250930C00016000116.05.75 - 7.655.42In
Call
BITO250930C00015000715.05.95 - 8.658.05In
When determining whether ProShares Bitcoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Bitcoin Strategy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Bitcoin Strategy Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Bitcoin Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of ProShares Bitcoin 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 Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is ProShares Bitcoin'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 Bitcoin's market value can be influenced by many factors that don't directly affect ProShares Bitcoin'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 Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Bitcoin'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.