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ProShares Ultra Bloomberg Natural Gas (BOIL)

Trading--Leveraged Commodities | Exchange Traded Fund | NYSEArca
19.96 USD -0.49 (-2.396%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 20.05 +0.09 (0.451%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:38 a.m. EDT

This is a classic 'value trap' disguised as a distressed opportunity. While the price has fallen nearly 99.96% over the last nine years, the data reveals this is not a bargain; it is the inevitable result of compounding leverage decay and contango eating away the underlying commodity's gains. The asset has suffered three consecutive years of negative annual returns, confirming a structural deterioration in its ability to preserve capital. The lack of any dividend history further cements its status as a pure speculative vehicle with no income floor. Although options traders are placing heavy bets on a sudden spike to $25-$30, this is likely a contrarian bet on a weather event rather than a sustainable trend. For a long-term investor, the math is unforgiving: holding this leveraged product through a sideways market guarantees ruin. It belongs only in a tactical trading portfolio for capturing short-term spikes, not as a core holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.227735
AutoTheta0.241287
AutoETS0.241530
AutoARIMA0.241532

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 35%
H-stat 12.79
Ljung-Box p 0.000
Jarque-Bera p 0.104
Excess Kurtosis -1.16

As of Aug. 22, 2026, 5:38 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional breakout. Call Open Interest is heavily skewed out-of-the-money (OTM) at strikes like $25 and $30, suggesting bets on a massive surge, while Put Open Interest clusters deep in-the-money (ITM) at strikes like $10 and $13, indicating a hedge against a collapse. This 'long gamma' setup creates a volatile environment where the asset can gap up or down significantly without clearing the option walls, resulting in a flat, choppy price action typical of leveraged ETFs in a contango environment.


Info Dump

Attribute Value
All Time High 7,952,000.0
All Time Low 8.92
Ask 20.03
Ask Size 200
Average Daily Volume10 Day 4,696,560
Average Daily Volume3 Month 4,132,135
Average Volume 4,132,135
Average Volume10Days 4,696,560
Beta3 Year 2.88
Bid 19.97
Bid Size 700
Category Trading--Leveraged Commodities
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.365
Day Low 19.77
Dividend Yield 0.0
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.5476
Fifty Day Average Change -2.5876007
Fifty Day Average Change Percent -0.114761695
Fifty Two Week Change Percent -65.984695
Fifty Two Week High 93.7
Fifty Two Week High Change -73.74
Fifty Two Week High Change Percent -0.78697973
Fifty Two Week Low 18.41
Fifty Two Week Low Change 1.5499992
Fifty Two Week Low Change Percent 0.084193334
Fifty Two Week Range 18.41 - 93.7
First Trade Date Milliseconds 1,317,907,800,000
Five Year Average Return -0.70575494
Full Exchange Name NYSEArca
Fullday Change -0.490002
Fullday Change Percent -2.3961
Fullday Price 20.05
Fund Family ProShares
Fund Inception Date 1,317,686,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).
Long Name ProShares Ultra Bloomberg Natural Gas
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_141381155
Nav Price 20.026
Net Assets 368,832,256.0
Net Expense Ratio 1.39
Open 20.32
Phone 240-497-6400
Post Market Change 0.09000015
Post Market Change Percent 0.45090258
Post Market Price 20.05
Post Market Time 1,787,961,587
Previous Close 20.45
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.490002
Regular Market Change Percent -2.3961
Regular Market Day High 20.365
Regular Market Day Low 19.77
Regular Market Day Range 19.77 - 20.365
Regular Market Open 20.32
Regular Market Previous Close 20.45
Regular Market Price 19.96
Regular Market Time 1,787,947,200
Regular Market Volume 4,087,707
Short Name ProShares Ultra Bloomberg Natur
Source Interval 15
Symbol BOIL
Three Year Average Return -0.6813461
Total Assets 368,832,256
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -21.97249
Trailing Three Month Returns -21.97249
Triggerable 1
Two Hundred Day Average 36.40905
Two Hundred Day Average Change -16.44905
Two Hundred Day Average Change Percent -0.45178467
Type Disp ETF
Volume 4,087,707
Yield 0.0
Ytd Return -54.96696