XPP251017P00015000 Option on ProShares Ultra FTSE

XPP Etf  USD 27.66  0.70  2.60%   
XPP251017P00015000 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 86 days remaining before the expiration. The option is currently trading at an ask price of $4.8. The implied volatility as of the 23rd of July is 86.0.
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 FTSE will have an average daily up or down price movement of about 0.11% per day over the life of the option. With ProShares Ultra trading at USD 27.66, that is roughly USD 0.03. If you think that the market is fully understating ProShares Ultra's daily price movement you should consider buying ProShares Ultra FTSE options at that current volatility level of 1.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on ProShares Ultra

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 Ultra's 'Out of The Money' options include buying the options if you expect a big move in ProShares Ultra'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.
Put Contract NameXPP251017P00015000
Expires On2025-10-17
Days Before Expriration86
Vega0.028532
Gamma0.00939
Theoretical Value2.4
Open Interest2
Strike Price15.0
Current Price Spread0.0 | 4.8
Rule 16 Daily Up or DownUSD 0.03

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.
Delta-0.133352
Gamma0.00939
Theta-0.026824
Vega0.028532
Rho-0.013056

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 12.6 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 FTSE Available Put 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
 Put
XPP251017P00040000040.011.3 - 15.611.3In
 Put
XPP251017P00035000035.06.6 - 10.76.6In
 Put
XPP251017P00034000034.06.5 - 10.06.5In
 Put
XPP251017P00033000033.04.7 - 9.54.7In
 Put
XPP251017P00032000032.04.3 - 8.54.3In
 Put
XPP251017P00031000031.03.2 - 7.43.2In
 Put
XPP251017P00030000030.02.9 - 7.02.9In
 Put
XPP251017P00029000029.02.2 - 6.52.2In
 Put
XPP251017P00028000028.01.05 - 5.21.05In
 Put
XPP251017P00027000227.01.0 - 5.03.4Out
 Put
XPP251017P00024000324.00.4 - 4.91.9Out
 Put
XPP251017P00022000122.00.0 - 4.81.71Out
 Put
XPP251017P00021000321.00.0 - 4.81.0Out
 Put
XPP251017P00019000119.00.0 - 4.70.75Out
 Put
XPP251017P00015000215.00.0 - 4.84.8Out
When determining whether ProShares Ultra FTSE 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 Ftse Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultra Ftse Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ProShares Ultra FTSE. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
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The market value of ProShares Ultra FTSE 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.