ROM250919P00074000 Option on ProShares Ultra Tech

ROM Etf  USD 79.09  1.51  1.87%   
ROM250919P00074000 is a PUT option contract on ProShares Ultra's common stock with a strick price of 74.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at a bid price of $1.85, and an ask price of $4.4. The implied volatility as of the 23rd of July is 58.0.
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 2025-09-19 Option Contract

The options market is anticipating that ProShares Ultra Technology will have an average daily up or down price movement of about 0.0279% per day over the life of the option. With ProShares Ultra trading at USD 79.09, 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 Technology options at that current volatility level of 0.45%. 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 NameROM250919P00074000
Expires On2025-09-19
Days Before Expriration58
Vega0.1123
Gamma0.025036
Theoretical Value3.13
Open Interest2
Strike Price74.0
Last Traded At2.85
Current Price Spread1.85 | 4.4
Rule 16 Daily Up or DownUSD 0.0221

ProShares short PUT Option Greeks

ProShares Ultra's Option Greeks for the contract ending on 2025-09-19 at a strike price of 74.0 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-0.311395
Gamma0.025036
Theta-0.039658
Vega0.1123
Rho-0.038749

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 70.87 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 74.0, the payoff chart is constant and positive.
   Profit   
       ProShares Ultra Price At Expiration  
View All ProShares Ultra Options

ProShares Ultra Tech 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
ROM250919P00095000095.015.5 - 17.615.5In
 Put
ROM250919P00090000090.011.0 - 13.111.0In
 Put
ROM250919P00089000089.010.3 - 12.310.3In
 Put
ROM250919P00088000088.09.4 - 11.69.4In
 Put
ROM250919P00087000087.09.0 - 10.99.0In
 Put
ROM250919P00086000086.07.9 - 9.97.9In
 Put
ROM250919P00085000085.07.2 - 9.57.2In
 Put
ROM250919P00084000084.06.5 - 8.76.5In
 Put
ROM250919P00083000083.05.8 - 8.15.8In
 Put
ROM250919P00082000082.05.6 - 7.35.6In
 Put
ROM250919P00074000274.01.85 - 4.42.85Out
When determining whether ProShares Ultra Tech 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of ProShares Ultra Tech 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.