null Option on ProShares Ultra Dow30

DDM Etf  USD 100.93  1.02  1.00%   
ProShares Ultra's latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.32 with a put-to-call open interest ratio of 0.52 over 56 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on October 17th 2025. The total put volume is at 2.0, with calls trading at the volume of 4.0. This yields a 0.5 put-to-call volume ratio.

Open Interest Against October 17th 2025 Option Contracts

The chart above shows ProShares Ultra'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 Ultra's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ProShares Ultra's option, there is no secondary market available for investors to trade.

ProShares Ultra Maximum Pain Price Across 2025-10-17 Option Contracts

Max pain occurs when ProShares Ultra's market makers reach a net positive position across all ProShares Ultra's options at a strike price where option holders stand to lose the most money. By contrast, ProShares Ultra's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on ProShares Ultra

Analyzing ProShares Ultra's in-the-money options over time can help investors to take a profitable long position in ProShares Ultra regardless of its overall volatility. This is especially true when ProShares Ultra's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ProShares Ultra's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ProShares Ultra's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on ProShares Ultra lessens the impact of time decay, as they carry both intrinsic and time value. So, even if ProShares Ultra'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 Ultra 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 Ultra Dow30 In The Money Call Balance

When ProShares Ultra's strike price is surpassing the current stock price, the option contract against ProShares Ultra Dow30 stock is said to be in the money. When it comes to buying ProShares Ultra's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on ProShares Ultra Dow30 are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

ProShares Current Options Market Mood

ProShares Ultra'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 Open Interest

Put-to-Call Volume

Unfortunately, most ProShares Ultra's options investors are not very successful. ProShares Ultra'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.

Rule 16 of the current ProShares contract

Base on the Rule 16, the options market is currently suggesting that ProShares Ultra Dow30 will have an average daily up or down price movement of about 0.02% per day over the life of the 2025-10-17 option contract. With ProShares Ultra trading at USD 100.93, that is roughly USD 0.0202. If you think that the market is fully incorporating ProShares Ultra's daily price movement you should consider buying ProShares Ultra Dow30 options at the current volatility level of 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing ProShares Ultra 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 Ultra Dow30 stock to the call owner when a call is exercised.

ProShares Ultra Option Chain

When ProShares Ultra's strike price is surpassing the current stock price, the option contract against ProShares Ultra Dow30 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 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
DDM251017C001350001135.00.0 - 0.750.55Out
Call
DDM251017C001300002130.00.0 - 0.750.5Out
Call
DDM251017C001250002125.00.0 - 2.150.55Out
Call
DDM251017C001200006120.00.0 - 0.950.5Out
Call
DDM251017C001150001115.00.0 - 1.31.1Out
Call
DDM251017C001130001113.00.55 - 1.650.55Out
Call
DDM251017C001120000112.00.75 - 1.80.75Out
Call
DDM251017C001110002111.00.95 - 2.050.95Out
Call
DDM251017C001100002110.01.2 - 2.31.2Out
Call
DDM251017C001090000109.01.5 - 2.61.5Out
Call
DDM251017C001060002106.02.8 - 3.63.22Out
Call
DDM251017C0010500010105.03.1 - 4.11.5Out
Call
DDM251017C001020002102.04.6 - 5.64.0Out
Call
DDM251017C0010000018100.06.0 - 7.36.35In
Call
DDM251017C00098000598.06.8 - 8.75.93In
Call
DDM251017C000970001297.07.2 - 9.45.0In
Call
DDM251017C00096000196.08.3 - 10.24.87In
Call
DDM251017C00095000895.08.6 - 10.98.4In
Call
DDM251017C00093000493.010.3 - 12.66.1In
Call
DDM251017C00091000291.011.8 - 14.26.5In
Call
DDM251017C000900002890.012.6 - 15.013.7In
Call
DDM251017C000890001089.014.3 - 15.013.3In
Call
DDM251017C00087000387.015.4 - 17.715.4In
Call
DDM251017C00085000285.017.1 - 19.812.44In
Call
DDM251017C00082000182.019.6 - 22.712.15In
Call
DDM251017C00080000780.021.5 - 24.414.58In
Call
DDM251017C000700005070.030.6 - 34.330.6In
Call
DDM251017C00065000165.035.4 - 39.235.4In
Call
DDM251017C00060000160.040.2 - 44.040.2In
 Put
DDM251017P001350000135.031.3 - 35.331.3In
 Put
DDM251017P001300000130.026.2 - 30.326.2In
 Put
DDM251017P001250000125.021.5 - 25.121.5In
 Put
DDM251017P001200000120.016.6 - 20.116.6In
 Put
DDM251017P001150000115.012.3 - 14.912.3In
 Put
DDM251017P001130000113.010.7 - 13.210.7In
 Put
DDM251017P001120000112.09.9 - 12.39.9In
 Put
DDM251017P001110000111.09.1 - 11.59.1In
 Put
DDM251017P001100000110.08.2 - 10.78.2In
 Put
DDM251017P001090000109.07.7 - 9.97.7In
 Put
DDM251017P001040003104.05.2 - 6.210.36In
 Put
DDM251017P00099000199.03.2 - 4.24.8Out
 Put
DDM251017P00096000196.02.3 - 3.24.15Out
 Put
DDM251017P00095000195.02.0 - 3.03.51Out
 Put
DDM251017P00093000493.01.6 - 2.75.0Out
 Put
DDM251017P00092000392.01.45 - 2.455.6Out
 Put
DDM251017P00091000591.01.3 - 2.45.7Out
 Put
DDM251017P000900001290.01.25 - 2.252.65Out
 Put
DDM251017P00089000589.01.2 - 2.156.1Out
 Put
DDM251017P00088000188.01.0 - 2.06.1Out
 Put
DDM251017P00081000181.00.0 - 1.651.65Out
 Put
DDM251017P00080000480.00.0 - 1.952.75Out
 Put
DDM251017P00075000975.00.0 - 1.11.21Out
 Put
DDM251017P00070000270.00.05 - 0.90.51Out
 Put
DDM251017P00065000865.00.3 - 0.40.58Out
 Put
DDM251017P000600002460.00.0 - 0.950.56Out
 Put
DDM251017P000500001250.00.0 - 0.750.55Out

When determining whether ProShares Ultra Dow30 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Dow30. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of ProShares Ultra Dow30 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.