UGL251017C00015000 Option on ProShares Ultra Gold

UGL Etf  USD 36.60  0.00  0.00%   
UGL251017C00015000 is a PUT option contract on ProShares Ultra's common stock with a strick price of 15.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 88 days remaining before the expiration. The option is currently trading at a bid price of $18.7, and an ask price of $22.7. The implied volatility as of the 21st of July is 88.0.
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 2025-10-17 Option Contract

The options market is anticipating that ProShares Ultra Gold will have an average daily up or down price movement of about 0.0603% per day over the life of the option. With ProShares Ultra trading at USD 36.6, that is roughly USD 0.0221. If you think that the market is fully understating ProShares Ultra's daily price movement you should consider buying ProShares Ultra Gold options at that current volatility level of 0.96%. 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 NameUGL251017C00015000
Expires On2025-10-17
Days Before Expriration88
Delta0.980028
Vega0.008501
Gamma0.002852
Theoretical Value20.7
Open Interest12
Strike Price15.0
Current Price Spread18.7 | 22.7
Rule 16 Daily Up or DownUSD 0.0221

ProShares short PUT Option Greeks

ProShares Ultra's Option Greeks for the contract ending on 2025-10-17 at a strike price of 15.0 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.
Delta0.980028
Gamma0.002852
Theta-0.006245
Vega0.008501
Rho0.034479

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 35.7 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 15.0, the payoff chart is constant and positive.
   Profit   
       ProShares Ultra Price At Expiration  
View All ProShares Ultra Options

ProShares Ultra Gold 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
UGL251017C00056250456.250.0 - 0.750.75Out
Call
UGL251017C00055000055.00.0 - 0.750.75Out
Call
UGL251017C00053750053.750.0 - 0.750.15Out
Call
UGL251017C00052500052.50.0 - 0.750.75Out
Call
UGL251017C00051250051.250.0 - 0.850.85Out
Call
UGL251017C00050000850.00.0 - 0.550.2Out
Call
UGL251017C00048750848.750.0 - 0.50.5Out
Call
UGL251017C0004750038447.50.15 - 0.350.15Out
Call
UGL251017C000462504846.250.0 - 0.40.4Out
Call
UGL251017C0004500026045.00.0 - 0.450.45Out
Call
UGL251017C00043250543.250.0 - 0.60.74Out
Call
UGL251017C00043000543.00.0 - 0.80.76Out
Call
UGL251017C00042750342.750.5 - 0.70.75Out
Call
UGL251017C000425001242.50.0 - 0.950.95Out
Call
UGL251017C000415001541.50.0 - 1.00.55Out
Call
UGL251017C000412503641.250.45 - 1.050.45Out
Call
UGL251017C00040500240.50.0 - 1.21.0Out
Call
UGL251017C00040250840.250.85 - 0.951.7Out
Call
UGL251017C0004000036940.00.9 - 1.050.98Out
Call
UGL251017C00039250539.250.0 - 1.22.27Out
Call
UGL251017C000390001839.01.1 - 1.251.2Out
Call
UGL251017C0003875044438.750.0 - 1.352.33Out
Call
UGL251017C000385003438.50.85 - 1.351.58Out
Call
UGL251017C000382504238.251.0 - 1.651.2Out
Call
UGL251017C000380004638.01.05 - 1.81.45Out
Call
UGL251017C00037750637.751.15 - 1.92.45Out
Call
UGL251017C0003750024737.51.3 - 1.651.75Out
Call
UGL251017C000372502437.251.6 - 1.751.91Out
Call
UGL251017C0003700017137.01.7 - 1.91.65Out
Call
UGL251017C000367504336.751.4 - 2.22.17Out
Call
UGL251017C0003650015936.51.85 - 2.42.24Out
Call
UGL251017C000362502636.251.95 - 2.11.85Out
Call
UGL251017C0003600019636.02.1 - 2.22.15Out
Call
UGL251017C0003575010035.752.2 - 2.32.0Out
Call
UGL251017C000355007835.52.1 - 2.452.3Out
Call
UGL251017C000352503435.252.15 - 2.752.39Out
Call
UGL251017C0003500014335.02.5 - 2.652.65In
Call
UGL251017C00034750834.752.6 - 2.752.2In
Call
UGL251017C000345001334.52.65 - 3.12.5In
Call
UGL251017C000340001434.02.65 - 3.52.65In
Call
UGL251017C000337506933.752.6 - 4.03.58In
Call
UGL251017C000335007733.53.0 - 3.83.7In
Call
UGL251017C000332501633.253.2 - 3.73.2In
Call
UGL251017C00033000233.03.4 - 4.13.6In
Call
UGL251017C000327502032.753.3 - 4.33.3In
Call
UGL251017C0003250011232.53.5 - 4.53.8In
Call
UGL251017C000320006732.03.7 - 4.84.5In
Call
UGL251017C0003175010731.754.1 - 4.74.5In
Call
UGL251017C000315001631.53.8 - 5.73.8In
Call
UGL251017C000312508031.254.8 - 5.95.0In
Call
UGL251017C000310008431.04.6 - 6.04.78In
Call
UGL251017C0003075017630.754.6 - 5.84.6In
Call
UGL251017C000305006030.54.8 - 6.34.8In
Call
UGL251017C000302505930.254.9 - 6.16.25In
Call
UGL251017C000300007130.05.6 - 6.95.95In
Call
UGL251017C000297504829.755.3 - 6.65.3In
Call
UGL251017C0002950022029.55.5 - 7.45.5In
Call
UGL251017C000292501229.255.6 - 7.55.6In
Call
UGL251017C000290001629.06.0 - 7.78.9In
Call
UGL251017C0002875054128.756.7 - 7.57.25In
Call
UGL251017C000285003628.56.4 - 8.26.4In
Call
UGL251017C00028250428.256.6 - 8.76.4In
Call
UGL251017C000280008528.06.9 - 8.67.47In
Call
UGL251017C00027750427.756.9 - 9.36.9In
Call
UGL251017C000275002027.57.3 - 9.27.3In
Call
UGL251017C00027250427.257.5 - 9.27.5In
Call
UGL251017C000270001527.07.7 - 9.88.8In
Call
UGL251017C00026750426.758.1 - 10.18.1In
Call
UGL251017C000265001226.58.2 - 10.28.2In
Call
UGL251017C000262504026.258.5 - 10.08.5In
Call
UGL251017C000257502425.758.9 - 10.98.9In
Call
UGL251017C00025500425.59.2 - 11.29.2In
Call
UGL251017C0002500014825.09.7 - 11.69.7In
Call
UGL251017C0002375011623.7511.0 - 12.811.0In
Call
UGL251017C000225006022.512.1 - 14.112.1In
Call
UGL251017C00021250821.2513.3 - 15.413.3In
Call
UGL251017C000200006820.014.5 - 16.114.5In
Call
UGL251017C00018750418.7515.8 - 18.015.8In
Call
UGL251017C00016250816.2518.3 - 19.919.43In
Call
UGL251017C000150001215.018.7 - 22.718.7In
Call
UGL251017C002250001225.00.0 - 0.00.0Out
Call
UGL251017C002150001215.00.0 - 0.00.0Out
Call
UGL251017C002000007200.00.0 - 0.00.0Out
Call
UGL251017C001950002195.00.0 - 0.00.0Out
Call
UGL251017C0019000096190.00.0 - 0.03.0Out
Call
UGL251017C0018500012185.00.0 - 0.00.0Out
Call
UGL251017C0018000065180.00.0 - 0.03.9Out
Call
UGL251017C001700003170.00.0 - 0.00.0Out
Call
UGL251017C001650009165.00.0 - 0.05.55Out
Call
UGL251017C001610002161.00.0 - 0.07.1Out
Call
UGL251017C0016000088160.00.0 - 0.06.2Out
Call
UGL251017C001570001157.00.0 - 0.08.1Out
Call
UGL251017C00155000111155.00.0 - 0.06.26Out
Call
UGL251017C001540004154.00.0 - 0.08.0Out
Call
UGL251017C001530009153.00.0 - 0.010.0Out
Call
UGL251017C0015200011152.00.0 - 0.00.0Out
Call
UGL251017C001510002151.00.0 - 0.011.4Out
Call
UGL251017C0015000055150.00.0 - 0.010.6Out
Call
UGL251017C001490004149.00.0 - 0.012.1Out
Call
UGL251017C001480004148.00.0 - 0.012.1Out
Call
UGL251017C001470007147.00.0 - 0.013.5Out
Call
UGL251017C001460008146.00.0 - 0.012.83Out
Call
UGL251017C0014500011145.00.0 - 0.013.9Out
Call
UGL251017C0014400010144.00.0 - 0.014.3Out
Call
UGL251017C001430001143.00.0 - 0.014.4Out
Call
UGL251017C0014200016142.00.0 - 0.015.6Out
Call
UGL251017C001410008141.00.0 - 0.00.0Out
Call
UGL251017C0014000029140.00.0 - 0.012.9Out
Call
UGL251017C001390002139.00.0 - 0.014.0Out
Call
UGL251017C001380002138.00.0 - 0.013.9Out
Call
UGL251017C001360003136.00.0 - 0.018.9Out
Call
UGL251017C0013500020135.00.0 - 0.016.5Out
Call
UGL251017C0013400020134.00.0 - 0.017.9Out
Call
UGL251017C001330004133.00.0 - 0.019.8Out
Call
UGL251017C001310005131.00.0 - 0.019.97Out
Call
UGL251017C0013000028130.00.0 - 0.019.4Out
Call
UGL251017C0012800019128.00.0 - 0.00.0Out
Call
UGL251017C0012700050127.00.0 - 0.024.35Out
Call
UGL251017C001260004126.00.0 - 0.025.8Out
Call
UGL251017C0012500020125.00.0 - 0.020.0Out
Call
UGL251017C0012400020124.00.0 - 0.00.0Out
Call
UGL251017C0012300044123.00.0 - 0.023.4Out
Call
UGL251017C0012200015122.00.0 - 0.00.0Out
Call
UGL251017C001210005121.00.0 - 0.00.0Out
Call
UGL251017C0012000019120.00.0 - 0.00.0Out
Call
UGL251017C0011900012119.00.0 - 0.00.0Out
Call
UGL251017C0011800055118.00.0 - 0.027.0Out
Call
UGL251017C001170003117.00.0 - 0.00.0Out
Call
UGL251017C001160004116.00.0 - 0.026.2Out
Call
UGL251017C00115000135115.00.0 - 0.033.5Out
Call
UGL251017C001140009114.00.0 - 0.00.0Out
Call
UGL251017C0011300010113.00.0 - 0.00.0Out
Call
UGL251017C0011200021112.00.0 - 0.00.0Out
Call
UGL251017C001110001111.00.0 - 0.00.0Out
Call
UGL251017C001100005110.00.0 - 0.00.0Out
Call
UGL251017C001090001109.00.0 - 0.031.6Out
Call
UGL251017C001080002108.00.0 - 0.00.0Out
Call
UGL251017C001070001107.00.0 - 0.00.0Out
Call
UGL251017C001060003106.00.0 - 0.00.0Out
Call
UGL251017C0010500010105.00.0 - 0.040.4Out
Call
UGL251017C001030008103.00.0 - 0.00.0Out
Call
UGL251017C001020002102.00.0 - 0.044.7Out
Call
UGL251017C0010000037100.00.0 - 0.046.28Out
Call
UGL251017C000950002995.00.0 - 0.00.0Out
Call
UGL251017C000900001590.00.0 - 0.00.0Out
Call
UGL251017C00085000285.00.0 - 0.00.0Out
Call
UGL251017C000800001780.00.0 - 0.00.0Out
Call
UGL251017C00075000175.00.0 - 0.00.0Out
Call
UGL251017C00060000360.00.0 - 0.00.0Out
When determining whether ProShares Ultra Gold is a strong investment it is important to analyze ProShares Ultra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Gold. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of ProShares Ultra Gold 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.