SDOW260116P00060000 Option on ProShares UltraPro Short

SDOW Etf  USD 32.82  0.29  0.89%   
SDOW260116P00060000 is a PUT option contract on ProShares UltraPro's common stock with a strick price of 60.0 expiring on 2026-01-16. The contract was not traded in recent days and, as of today, has 39 days remaining before the expiration. The option is currently trading at a bid price of $26.7, and an ask price of $29.7. The implied volatility as of the 8th of December is 39.0.
When exercised, put options on ProShares UltraPro 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 UltraPro's downside price movement.

Rule 16 of 2026-01-16 Option Contract

The options market is anticipating that ProShares UltraPro Short will have an average daily up or down price movement of about 0.0869% per day over the life of the option. With ProShares UltraPro trading at USD 32.82, that is roughly USD 0.0285. If you think that the market is fully understating ProShares UltraPro's daily price movement you should consider buying ProShares UltraPro Short options at that current volatility level of 1.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on ProShares UltraPro

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 UltraPro 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 NameSDOW260116P00060000
Expires On2026-01-16
Days Before Expriration39
Vega0.023608
Gamma0.014664
Theoretical Value28.2
Open Interest28
Strike Price60.0
Last Traded At25.97
Current Price Spread26.7 | 29.7
Rule 16 Daily Up or DownUSD 0.0285

ProShares short PUT Option Greeks

ProShares UltraPro's Option Greeks for the contract ending on 2026-01-16 at a strike price of 60.0 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 UltraPro's option greeks, its implied volatility helps estimate the risk of ProShares UltraPro stock implied by the prices of the options on ProShares UltraPro's stock.
Delta-0.864075
Gamma0.014664
Theta-0.036582
Vega0.023608
Rho-0.035627

ProShares long PUT Option Payoff at expiration

Put options written on ProShares UltraPro grant holders of the option the right to sell a specified amount of ProShares UltraPro 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 UltraPro is like buying insurance aginst ProShares UltraPro's downside shift.
   Profit   
       ProShares UltraPro Price At Expiration  

ProShares short PUT Option Payoff at expiration

By selling ProShares UltraPro's put option, the investors signal their bearish sentiment. A short position in a put option written on ProShares UltraPro will generally make money when the underlying price is above the strike price. Therefore ProShares UltraPro's put payoff at expiration depends on where the ProShares Etf price is relative to the put option strike price. The breakeven price of 31.8 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 UltraPro's price. Finally, at the strike price of 60.0, the payoff chart is constant and positive.
   Profit   
       ProShares UltraPro Price At Expiration  
View All ProShares UltraPro Options

ProShares UltraPro Short Available Put Options

ProShares UltraPro'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 UltraPro 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
SDOW260116P0011000010110.076.5 - 79.576.9In
 Put
SDOW260116P001050000105.071.5 - 74.571.5In
 Put
SDOW260116P001000000100.066.5 - 69.666.5In
 Put
SDOW260116P00095000095.061.5 - 64.661.5In
 Put
SDOW260116P00090000090.056.4 - 59.656.4In
 Put
SDOW260116P00085000085.051.6 - 54.651.6In
 Put
SDOW260116P00080000080.046.6 - 49.746.6In
 Put
SDOW260116P00079000079.045.6 - 48.645.6In
 Put
SDOW260116P00078000078.044.6 - 47.644.6In
 Put
SDOW260116P00077000077.043.6 - 46.643.6In
 Put
SDOW260116P00070000370.036.6 - 39.735.8In
 Put
SDOW260116P00065000265.031.7 - 34.727.4In
 Put
SDOW260116P000600002860.026.7 - 29.725.97In
 Put
SDOW260116P000580002058.024.7 - 27.724.7In
 Put
SDOW260116P000570002057.023.7 - 26.723.7In
 Put
SDOW260116P000550002055.021.7 - 24.821.7In
 Put
SDOW260116P000530002053.019.8 - 22.819.8In
 Put
SDOW260116P000520002152.018.8 - 21.815.2In
 Put
SDOW260116P000510004051.017.9 - 20.814.12In
 Put
SDOW260116P000500006950.017.0 - 19.818.1In
 Put
SDOW260116P00049000449.016.0 - 18.816.0In
 Put
SDOW260116P000480006248.015.0 - 17.811.7In
 Put
SDOW260116P00047000447.014.0 - 16.914.0In
 Put
SDOW260116P000460001946.012.9 - 15.910.0In
 Put
SDOW260116P000450002345.011.9 - 14.89.3In
 Put
SDOW260116P000440003544.011.1 - 13.88.5In
 Put
SDOW260116P000430001343.010.1 - 12.810.07In
 Put
SDOW260116P000420001142.09.4 - 12.010.55In
 Put
SDOW260116P00041000541.08.5 - 11.03.5In
 Put
SDOW260116P00040000240.07.5 - 10.07.16In
 Put
SDOW260116P00039000939.06.6 - 9.05.92In
 Put
SDOW260116P00038000138.05.7 - 8.23.65In
 Put
SDOW260116P00037000737.04.7 - 7.23.76In
 Put
SDOW260116P0003600010936.04.0 - 6.13.9In
 Put
SDOW260116P0003500021535.03.2 - 5.43.2In
 Put
SDOW260116P00033000433.00.9 - 3.71.88In
 Put
SDOW260116P00032000232.00.65 - 2.71.85Out
 Put
SDOW260116P00031000531.00.05 - 2.151.05Out
 Put
SDOW260116P00030000830.00.1 - 2.20.47Out
 Put
SDOW260116P000240001024.010.1 - 13.110.1Out
 Put
SDOW260116P00022000122.08.2 - 10.28.2Out
 Put
SDOW260116P000210005321.07.7 - 10.17.7Out
 Put
SDOW260116P00020000220.06.1 - 9.46.1Out
 Put
SDOW260116P00019000819.05.4 - 8.65.4Out
 Put
SDOW260116P00018000718.05.7 - 7.55.7Out
 Put
SDOW260116P000170002517.03.8 - 5.83.8Out
 Put
SDOW260116P000160002716.02.8 - 5.82.8Out
 Put
SDOW260116P000150006215.02.35 - 4.72.35Out
 Put
SDOW260116P0001400011614.02.85 - 3.72.85Out
 Put
SDOW260116P00013000113.01.05 - 3.61.05Out
 Put
SDOW260116P00012000312.01.05 - 2.951.05Out
 Put
SDOW260116P00011000111.00.0 - 1.51.5Out
 Put
SDOW260116P0001000022110.00.0 - 1.81.8Out
 Put
SDOW260116P0000900049.00.0 - 0.70.7Out
 Put
SDOW260116P00005000185.00.0 - 0.20.2Out
When determining whether ProShares UltraPro Short 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 Ultrapro Short Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrapro Short Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraPro Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of ProShares UltraPro Short 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 UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro'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 UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro'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 UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro'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.