SPXU250919P00033000 Option on ProShares UltraPro Short

SPXU Etf  USD 16.15  0.05  0.31%   
SPXU250919P00033000 is a PUT option contract on ProShares UltraPro's common stock with a strick price of 33.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 59 days remaining before the expiration. The option is currently trading at a bid price of $15.0, and an ask price of $19.1. The implied volatility as of the 22nd of July is 59.0.
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 2025-09-19 Option Contract

The options market is anticipating that ProShares UltraPro Short will have an average daily up or down price movement of about 0.0693% per day over the life of the option. With ProShares UltraPro trading at USD 16.15, that is roughly USD 0.0112. 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 1.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on ProShares UltraPro

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 UltraPro 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.
Put Contract NameSPXU250919P00033000
Expires On2025-09-19
Days Before Expriration59
Vega0.008777
Gamma0.020009
Theoretical Value17.05
Open Interest2
Strike Price33.0
Current Price Spread15.0 | 19.1
Rule 16 Daily Up or DownUSD 0.0112

ProShares short PUT Option Greeks

ProShares UltraPro's Option Greeks for the contract ending on 2025-09-19 at a strike price of 33.0 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-0.927208
Gamma0.020009
Theta-0.006621
Vega0.008777
Rho-0.020532

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 15.95 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 33.0, 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
SPXU250919P00055000055.038.0 - 41.138.0In
 Put
SPXU250919P00050000150.032.0 - 36.133.34In
 Put
SPXU250919P00049000049.031.0 - 35.131.0In
 Put
SPXU250919P00048000048.030.0 - 34.130.0In
 Put
SPXU250919P00047000047.029.0 - 33.129.0In
 Put
SPXU250919P00046000046.028.0 - 32.128.0In
 Put
SPXU250919P00045000045.027.0 - 31.127.0In
 Put
SPXU250919P00044000044.026.0 - 30.126.0In
 Put
SPXU250919P00043000043.025.0 - 29.125.0In
 Put
SPXU250919P00042000042.024.0 - 28.124.0In
 Put
SPXU250919P00040000140.022.0 - 26.122.0In
 Put
SPXU250919P000350002535.017.0 - 21.115.88In
 Put
SPXU250919P00034000434.016.0 - 20.116.0In
 Put
SPXU250919P00033000233.015.0 - 19.115.0In
 Put
SPXU250919P000320001532.014.0 - 18.114.0In
 Put
SPXU250919P00031000231.013.0 - 16.713.0In
 Put
SPXU250919P0003000018030.013.6 - 14.514.14In
 Put
SPXU250919P000290001729.011.8 - 15.211.6In
 Put
SPXU250919P00028000528.011.2 - 14.210.57In
 Put
SPXU250919P000270001827.010.6 - 13.210.69In
 Put
SPXU250919P000260001026.08.4 - 12.28.4In
 Put
SPXU250919P000250003325.08.0 - 9.57.4In
 Put
SPXU250919P000240004824.07.9 - 9.46.0In
 Put
SPXU250919P000230006323.06.7 - 8.06.63In
 Put
SPXU250919P0002200050122.05.0 - 8.26.6In
 Put
SPXU250919P0002100010521.05.0 - 6.55.0In
 Put
SPXU250919P0002000031220.04.1 - 5.84.13In
 Put
SPXU250919P0001900028119.03.4 - 3.83.4In
 Put
SPXU250919P0001800063318.02.4 - 3.22.85In
 Put
SPXU250919P0001700065217.01.7 - 1.91.86In
 Put
SPXU250919P0001600015516.01.05 - 1.11.09Out
 Put
SPXU250919P000150002715.00.45 - 0.550.55Out
 Put
SPXU250919P000140001512814.00.2 - 0.250.3Out
 Put
SPXU250919P00013000513.00.05 - 0.30.07Out
 Put
SPXU250919P000100005510.00.0 - 0.050.03Out
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.