UVIX251017P00021000 Option on 2x Long VIX

UVIX Etf  USD 12.09  0.07  0.58%   
UVIX251017P00021000 is a PUT option contract on 2x Long's common stock with a strick price of 21.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 52 days remaining before the expiration. The option is currently trading at a bid price of $10.3, and an ask price of $10.7. The implied volatility as of the 26th of August is 52.0.
A put option written on 2x Long becomes more valuable as the price of 2x Long drops. Conversely, 2x Long's put option loses its value as UVIX Etf rises.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that 2x Long VIX will have an average daily up or down price movement of about 0.13% per day over the life of the option. With 2x Long trading at USD 12.09, that is roughly USD 0.0155. If you think that the market is fully understating 2x Long's daily price movement you should consider buying 2x Long VIX options at that current volatility level of 2.05%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on 2x Long

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 2x Long 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 UVIX 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 NameUVIX251017P00021000
Expires On2025-10-17
Days Before Expriration52
Vega0.017451
Gamma0.040521
Theoretical Value10.5
Open Interest39
Current Trading Volume10.0
Strike Price21.0
Last Traded At10.28
Current Price Spread10.3 | 10.7
Rule 16 Daily Up or DownUSD 0.0155

UVIX short PUT Option Greeks

2x Long's Option Greeks for the contract ending on 2025-10-17 at a strike price of 21.0 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 2x Long's option greeks, its implied volatility helps estimate the risk of 2x Long stock implied by the prices of the options on 2x Long's stock.
Delta-0.624447
Gamma0.040521
Theta-0.032107
Vega0.017451
Rho-0.019022

UVIX long PUT Option Payoff at expiration

Put options written on 2x Long grant holders of the option the right to sell a specified amount of 2x Long 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 UVIX Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on 2x Long is like buying insurance aginst 2x Long's downside shift.
   Profit   
       2x Long Price At Expiration  

UVIX short PUT Option Payoff at expiration

By selling 2x Long's put option, the investors signal their bearish sentiment. A short position in a put option written on 2x Long will generally make money when the underlying price is above the strike price. Therefore 2x Long's put payoff at expiration depends on where the UVIX Etf price is relative to the put option strike price. The breakeven price of 10.5 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 2x Long's price. Finally, at the strike price of 21.0, the payoff chart is constant and positive.
   Profit   
       2x Long Price At Expiration  
View All 2x Long Options

2x Long VIX Available Put Options

2x Long's option chain is a display of a range of information that helps investors for ways to trade options on UVIX. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for UVIX. It also shows strike prices and maturity days for a 2x Long 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
UVIX251017P00050000550.038.2 - 38.7532.37In
 Put
UVIX251017P00049000049.037.2 - 37.9537.2In
 Put
UVIX251017P000480001048.035.6 - 36.9532.49In
 Put
UVIX251017P000470002047.033.35 - 37.632.36In
 Put
UVIX251017P00046000046.032.6 - 35.432.6In
 Put
UVIX251017P00045000745.032.5 - 34.229.55In
 Put
UVIX251017P00044000244.030.85 - 33.2526.85In
 Put
UVIX251017P00043000543.030.6 - 32.226.2In
 Put
UVIX251017P00042000142.030.3 - 31.0530.3In
 Put
UVIX251017P0004100016341.027.7 - 30.529.57In
 Put
UVIX251017P0004000046540.026.8 - 29.524.2In
 Put
UVIX251017P0003900031439.026.5 - 28.526.69In
 Put
UVIX251017P0003800032538.025.55 - 27.019.8In
 Put
UVIX251017P0003700014037.024.65 - 26.7524.68In
 Put
UVIX251017P0003600038536.022.6 - 25.219.25In
 Put
UVIX251017P0003500023835.021.7 - 24.522.5In
 Put
UVIX251017P000340002434.020.7 - 24.3522.8In
 Put
UVIX251017P000330008033.020.0 - 22.1520.0In
 Put
UVIX251017P000320001132.019.8 - 21.2515.71In
 Put
UVIX251017P0003100019731.019.5 - 20.219.86In
 Put
UVIX251017P0003000086830.018.6 - 20.0514.51In
 Put
UVIX251017P000290003629.016.2 - 18.9515.97In
 Put
UVIX251017P0002800054828.015.4 - 19.116.15In
 Put
UVIX251017P0002700012727.015.75 - 16.210.79In
 Put
UVIX251017P0002600036526.015.0 - 15.2513.42In
 Put
UVIX251017P0002500023125.014.05 - 14.313.86In
 Put
UVIX251017P0002400027524.013.1 - 13.3512.17In
 Put
UVIX251017P0002300010923.011.75 - 12.4511.21In
 Put
UVIX251017P0002200013622.09.2 - 11.510.0In
 Put
UVIX251017P000210003921.010.3 - 10.710.28In
 Put
UVIX251017P0002000034720.09.2 - 11.69.53In
 Put
UVIX251017P0001900012819.06.45 - 9.78.45In
 Put
UVIX251017P000180009318.06.55 - 8.07.65In
 Put
UVIX251017P0001700012317.06.3 - 7.157.21In
 Put
UVIX251017P0001600013416.05.55 - 6.355.92In
 Put
UVIX251017P0001500046915.04.95 - 5.25.09In
 Put
UVIX251017P000140007514.04.15 - 4.354.2In
 Put
UVIX251017P000130002713.03.2 - 3.953.4In
 Put
UVIX251017P0001200025312.02.38 - 2.72.7Out
 Put
UVIX251017P00011000202011.01.87 - 2.021.83Out
 Put
UVIX251017P0001000015810.01.21 - 1.881.3Out
 Put
UVIX251017P00009000709.00.45 - 0.980.76Out
 Put
UVIX251017P0000800038.00.3 - 0.530.61Out
When determining whether 2x Long VIX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 2x Long'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 2x Long Vix Etf. Outlined below are crucial reports that will aid in making a well-informed decision on 2x Long Vix Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2x Long VIX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of 2x Long VIX is measured differently than its book value, which is the value of UVIX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Long's value that differs from its market value or its book value, called intrinsic value, which is 2x Long'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 2x Long's market value can be influenced by many factors that don't directly affect 2x Long'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 2x Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Long'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.