ProShares UltraShort Stock Options
| SMN Etf | USD 7.64 0.24 3.24% |
ProShares UltraShort's option chain provides insight into all available option contracts written on ProShares UltraShort's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of ProShares UltraShort's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given ProShares option contract.
In The Money vs. Out of Money Option Contracts on ProShares UltraShort
Analyzing ProShares UltraShort's in-the-money options over time can help investors to take a profitable long position in ProShares UltraShort regardless of its overall volatility. This is especially true when ProShares UltraShort's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ProShares UltraShort's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ProShares UltraShort's stock while costing only a fraction of its price.
ProShares UltraShort's latest option contracts expiring on 2024-05-17 are carrying combined implied volatility of 0.0 with a put-to-call open interest ratio of 0.0 over 28 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-05-17. The current put volume is at 0, with calls trading at the volume of 0. This yields a 0.0 put-to-call volume ratio. The ProShares UltraShort option chain provides detailed quote and price information for the current ProShares UltraShort Basic option contracts. It shows all of ProShares UltraShort's listed puts, calls, expiration dates, strike prices, and other pricing information.
The chart above shows ProShares UltraShort's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. ProShares UltraShort's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ProShares UltraShort's option, there is no secondary market available for investors to trade.
ProShares UltraShort's stock options are financial instruments that give investors the right to buy or sell shares of ProShares UltraShort common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ProShares stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ProShares UltraShort's stock price goes up or down, the stock options follow.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Basic. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. Please note that buying 'in-the-money' options on ProShares UltraShort lessens the impact of time decay, as they carry both intrinsic and time value. So, even if ProShares UltraShort's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money ProShares UltraShort contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if ProShares Etf moves the wrong way.
ProShares Current Options Market Mood
ProShares UltraShort's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps ProShares Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Volume
Most options investors, including buyers and sellers of ProShares UltraShort's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. ProShares UltraShort's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current ProShares UltraShort's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current ProShares contract
Base on the Rule 16, the options market is currently suggesting that ProShares UltraShort Basic will have an average daily up or down price movement of about 0.0% per day over the life of the 2024-05-17 option contract. With ProShares UltraShort trading at USD 7.64, that is roughly USD 0.0. If you think that the market is fully incorporating ProShares UltraShort's daily price movement you should consider buying ProShares UltraShort Basic options at the current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ProShares |
Purchasing ProShares UltraShort options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" ProShares calls. Remember, the seller must deliver ProShares UltraShort Basic stock to the call owner when a call is exercised.
ProShares UltraShort Option Chain
When ProShares UltraShort's strike price is surpassing the current stock price, the option contract against ProShares UltraShort Basic stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
ProShares UltraShort'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 UltraShort 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. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-17 CALL at $2.0 | 0.9276 | 0.0084 | 0 | 2024-05-17 | 5.1 - 6.3 | 0.0 | In |
Call | 2024-05-17 CALL at $3.0 | 0.8798 | 0.0159 | 0 | 2024-05-17 | 4.1 - 4.9 | 0.0 | In |
Call | 2024-05-17 CALL at $4.0 | 0.8387 | 0.0278 | 0 | 2024-05-17 | 2.8 - 3.9 | 0.0 | In |
Call | 2024-05-17 CALL at $5.0 | 0.7938 | 0.0476 | 0 | 2024-05-17 | 2.05 - 2.85 | 0.0 | In |
Call | 2024-05-17 CALL at $6.0 | 0.7779 | 0.0882 | 0 | 2024-05-17 | 1.05 - 2.25 | 0.0 | In |
Call | 2024-05-17 CALL at $7.0 | 0.583 | 0.1687 | 0 | 2024-05-17 | 0.1 - 1.5 | 0.0 | In |
Put | 2024-05-17 PUT at $12.0 | -0.7749 | 0.0489 | 0 | 2024-05-17 | 4.1 - 5.6 | 0.0 | In |
Put | 2024-05-17 PUT at $14.0 | -0.6218 | 0.0491 | 0 | 2024-05-17 | 5.9 - 8.1 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ProShares UltraShort without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Already Invested in ProShares UltraShort Basic?
The danger of trading ProShares UltraShort Basic is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ProShares UltraShort is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ProShares UltraShort. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ProShares UltraShort is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ProShares UltraShort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares UltraShort'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 Ultrashort Basic Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultrashort Basic Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Basic. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of ProShares UltraShort 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 UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort'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 UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort'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 UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort'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.