VIXM250919P00012000 Option on ProShares VIX Mid

VIXM Etf  USD 16.77  0.11  0.66%   
VIXM250919P00012000 is a PUT option contract on ProShares VIX's common stock with a strick price of 12.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 50 days remaining before the expiration. The option is currently trading at an ask price of $4.8. The implied volatility as of the 31st of July is 50.0.
When exercised, put options on ProShares VIX 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 VIX's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that ProShares VIX Mid Term will have an average daily up or down price movement of about 0.13% per day over the life of the option. With ProShares VIX trading at USD 16.77, that is roughly USD 0.0222. If you think that the market is fully understating ProShares VIX's daily price movement you should consider buying ProShares VIX Mid Term options at that current volatility level of 2.12%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on ProShares VIX

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 VIX's 'Out of The Money' options include buying the options if you expect a big move in ProShares VIX'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 NameVIXM250919P00012000
Expires On2025-09-19
Days Before Expriration50
Vega0.017799
Gamma0.021692
Theoretical Value2.4
Open Interest13
Strike Price12.0
Current Price Spread0.0 | 4.8
Rule 16 Daily Up or DownUSD 0.0222

ProShares short PUT Option Greeks

ProShares VIX's Option Greeks for the contract ending on 2025-09-19 at a strike price of 12.0 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 VIX's option greeks, its implied volatility helps estimate the risk of ProShares VIX stock implied by the prices of the options on ProShares VIX's stock.
Delta-0.207076
Gamma0.021692
Theta-0.036352
Vega0.017799
Rho-0.007176

ProShares long PUT Option Payoff at expiration

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

ProShares short PUT Option Payoff at expiration

By selling ProShares VIX's put option, the investors signal their bearish sentiment. A short position in a put option written on ProShares VIX will generally make money when the underlying price is above the strike price. Therefore ProShares VIX's put payoff at expiration depends on where the ProShares Etf price is relative to the put option strike price. The breakeven price of 9.6 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 VIX's price. Finally, at the strike price of 12.0, the payoff chart is constant and positive.
   Profit   
       ProShares VIX Price At Expiration  
View All ProShares VIX Options

ProShares VIX Mid Available Put Options

ProShares VIX'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 VIX 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
VIXM250919P00035000035.016.0 - 20.916.0In
 Put
VIXM250919P000300002230.011.1 - 16.011.1In
 Put
VIXM250919P00029000329.010.5 - 15.010.5In
 Put
VIXM250919P00028000028.09.2 - 14.09.2In
 Put
VIXM250919P00027000127.08.0 - 12.98.0In
 Put
VIXM250919P00026000126.07.1 - 12.07.1In
 Put
VIXM250919P00025000125.06.3 - 11.06.3In
 Put
VIXM250919P00024000324.05.2 - 10.05.2In
 Put
VIXM250919P00023000123.04.1 - 8.84.1In
 Put
VIXM250919P000220004622.03.1 - 7.93.1In
 Put
VIXM250919P00021000121.02.15 - 7.02.15In
 Put
VIXM250919P000200004520.01.25 - 6.01.25In
 Put
VIXM250919P00019000619.00.2 - 5.00.2In
 Put
VIXM250919P00018000518.00.3 - 5.00.3In
 Put
VIXM250919P000170004617.00.0 - 4.84.8In
 Put
VIXM250919P000160002316.00.0 - 4.84.8Out
 Put
VIXM250919P00015000115.00.0 - 2.252.25Out
 Put
VIXM250919P000130001413.00.0 - 2.852.85Out
 Put
VIXM250919P000120001312.00.0 - 4.84.8Out
 Put
VIXM250919P00011000211.00.0 - 4.84.8Out
 Put
VIXM250919P000100002510.00.0 - 2.852.85Out
 Put
VIXM250919P00009000109.00.0 - 2.852.85Out
When determining whether ProShares VIX Mid is a strong investment it is important to analyze ProShares VIX'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 VIX's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares VIX Mid Term. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of ProShares VIX Mid 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 VIX's value that differs from its market value or its book value, called intrinsic value, which is ProShares VIX'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 VIX's market value can be influenced by many factors that don't directly affect ProShares VIX'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 VIX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares VIX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares VIX'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.