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ProShares Ultra Utilities UPW

i

Market dataready · fetched 2026-11-13T02:53:36.318Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-13T01:00:00.135560854Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-13T02:53:35.820572+00:00

Share price$21.80
1D-1.2%
AH$21.81$21.89$21.97$22.04$22.125:30 AM6:30 AM9:00 AM1:00 PM2:00 PMUPW
Sold putSold callAH

ProShares Ultra Utilities options

Live interpolated UPW call and put midpoint premiums by absolute delta.ProShares Ultra Utilities$0.26$0.68$1.09$1.51$1.93$19.15$20.44$21.73$23.03$24.3220Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive UPW spot · $21.80UPW PRICE$0.31$0.38$0.41$0.46$0.52$0.57$0.68$0.82$0.97$1.12$1.27$1.41$1.55$0.38$0.39$0.42$0.51$0.66$0.80$0.94$1.09$1.25$1.40$1.55$1.68$1.81
PutsExpensive1.65×
CallsExpensive1.85×
SkewBearish+4.32 pp
Implied moveBearish±$1.62
TiltBearish10.3% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ24.6992.1%14.6%19.48100.1%12.4%
25Δ23.9385.2%11.5%20.2879.2%8.8%
30Δ23.2472.9%8.5%20.8166.4%6.5%
35Δ22.7965.5%6.7%21.1662.9%5.3%
40Δ22.4760.8%5.5%21.4264.9%4.8%
45Δ22.1656.1%4.3%21.6866.9%4.2%
50Δ21.8854.6%3.5%21.9468.9%3.7%
55Δ21.6456.0%3.0%22.2068.1%3.2%
60Δ21.4157.4%2.6%22.4766.3%2.6%
65Δ21.1758.8%2.2%22.7464.5%2.1%
70Δ20.9458.8%1.8%23.0162.7%1.6%
75Δ20.7255.3%1.5%23.2057.7%1.3%
80Δ20.5051.9%1.1%23.4052.7%1.0%

20Δ

Calls
Pseudo strike
24.69
IV
92.1%
B/E move
14.6%
Puts
Pseudo strike
19.48
IV
100.1%
B/E move
12.4%

25Δ

Calls
Pseudo strike
23.93
IV
85.2%
B/E move
11.5%
Puts
Pseudo strike
20.28
IV
79.2%
B/E move
8.8%

30Δ

Calls
Pseudo strike
23.24
IV
72.9%
B/E move
8.5%
Puts
Pseudo strike
20.81
IV
66.4%
B/E move
6.5%

35Δ

Calls
Pseudo strike
22.79
IV
65.5%
B/E move
6.7%
Puts
Pseudo strike
21.16
IV
62.9%
B/E move
5.3%

40Δ

Calls
Pseudo strike
22.47
IV
60.8%
B/E move
5.5%
Puts
Pseudo strike
21.42
IV
64.9%
B/E move
4.8%

45Δ

Calls
Pseudo strike
22.16
IV
56.1%
B/E move
4.3%
Puts
Pseudo strike
21.68
IV
66.9%
B/E move
4.2%

50Δ

Calls
Pseudo strike
21.88
IV
54.6%
B/E move
3.5%
Puts
Pseudo strike
21.94
IV
68.9%
B/E move
3.7%

55Δ

Calls
Pseudo strike
21.64
IV
56.0%
B/E move
3.0%
Puts
Pseudo strike
22.20
IV
68.1%
B/E move
3.2%

60Δ

Calls
Pseudo strike
21.41
IV
57.4%
B/E move
2.6%
Puts
Pseudo strike
22.47
IV
66.3%
B/E move
2.6%

65Δ

Calls
Pseudo strike
21.17
IV
58.8%
B/E move
2.2%
Puts
Pseudo strike
22.74
IV
64.5%
B/E move
2.1%

70Δ

Calls
Pseudo strike
20.94
IV
58.8%
B/E move
1.8%
Puts
Pseudo strike
23.01
IV
62.7%
B/E move
1.6%

75Δ

Calls
Pseudo strike
20.72
IV
55.3%
B/E move
1.5%
Puts
Pseudo strike
23.20
IV
57.7%
B/E move
1.3%

80Δ

Calls
Pseudo strike
20.50
IV
51.9%
B/E move
1.1%
Puts
Pseudo strike
23.40
IV
52.7%
B/E move
1.0%

Options history

IV · four-Friday blend38.26%
Daily EOD
UPW32.4%35.5%38.7%2026-10-19: 32.79%2026-10-20: 37.92%2026-10-21: 35.20%2026-10-22: 35.36%2026-10-23: 35.65%2026-10-26: 34.81%2026-10-27: 37.97%2026-10-28: 34.12%2026-10-29: 34.44%2026-10-30: 38.26%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
32.79%
37.92%
35.20%
35.36%
35.65%
34.81%
37.97%
34.12%
34.44%
38.26%