BITO260320P00015000 Option on ProShares Bitcoin

BITO Etf  USD 13.75  0.35  2.61%   
BITO260320P00015000 is a PUT option contract on ProShares Bitcoin's common stock with a strick price of 15.0 expiring on 2026-03-20. The contract was not traded in recent days and, as of today, has 100 days remaining before the expiration. The option is currently trading at a bid price of $2.3, and an ask price of $3.25. The implied volatility as of the 10th of December is 100.0.
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 2026-03-20 Option Contract

The options market is anticipating that ProShares Bitcoin Strategy will have an average daily up or down price movement of about 0.0444% per day over the life of the option. With ProShares Bitcoin trading at USD 13.75, that is roughly USD 0.006108. 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 0.71%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on ProShares Bitcoin

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 Bitcoin 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 NameBITO260320P00015000
Expires On2026-03-20
Days Before Expriration100
Vega0.028803
Gamma0.078274
Theoretical Value2.73
Open Interest455
Current Trading Volume2.0
Strike Price15.0
Last Traded At2.73
Current Price Spread2.3 | 3.25
Rule 16 Daily Up or DownUSD 0.006108

ProShares short PUT Option Greeks

ProShares Bitcoin's Option Greeks for the contract ending on 2026-03-20 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 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.
Delta-0.511513
Gamma0.078274
Theta-0.00934
Vega0.028803
Rho-0.021641

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 12.27 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 15.0, the payoff chart is constant and positive.
   Profit   
       ProShares Bitcoin Price At Expiration  
View All ProShares Bitcoin Options

ProShares Bitcoin Available Put 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
 Put
BITO260320P00035000035.020.8 - 23.820.8In
 Put
BITO260320P00033000233.019.3 - 21.816.85In
 Put
BITO260320P00032000032.018.1 - 20.818.1In
 Put
BITO260320P00031000131.017.1 - 19.817.4In
 Put
BITO260320P000300001330.016.1 - 18.8518.04In
 Put
BITO260320P00029000029.015.35 - 17.8515.35In
 Put
BITO260320P00028000128.014.1 - 16.8516.11In
 Put
BITO260320P00027000227.013.1 - 15.8510.2In
 Put
BITO260320P00026000526.012.15 - 14.8514.18In
 Put
BITO260320P0002500019825.011.2 - 12.411.99In
 Put
BITO260320P0002400010524.010.25 - 12.911.2In
 Put
BITO260320P00023000223.09.4 - 11.910.78In
 Put
BITO260320P000220009122.07.9 - 10.9510.1In
 Put
BITO260320P000210002021.07.4 - 10.08.32In
 Put
BITO260320P0002000049620.06.85 - 7.67.09In
 Put
BITO260320P0001900030519.05.25 - 6.96.41In
 Put
BITO260320P0001800022718.04.85 - 5.85.88In
 Put
BITO260320P000170008817.03.95 - 5.04.88In
 Put
BITO260320P0001600025416.02.95 - 3.953.6In
 Put
BITO260320P0001500045515.02.3 - 3.252.73In
 Put
BITO260320P0001400036014.01.9 - 2.12.0In
 Put
BITO260320P0001300039713.01.06 - 1.81.29Out
 Put
BITO260320P000120006212.00.63 - 1.060.95Out
 Put
BITO260320P0001000032510.00.23 - 0.470.32Out
 Put
BITO260320P0000900019.00.0 - 0.730.21Out
 Put
BITO260320P0000700067.00.0 - 0.750.08Out
 Put
BITO260320P000050001705.00.0 - 0.20.05Out
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 population.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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.