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ProShares Ultra CRCL (CRCA)

NYSEArca
21.52 USD -2.80 (-11.513%) ⇩ (June 12, 2026, 4 p.m. EDT)
After hours: 21.84 +0.32 (1.487%) ⇧ (June 12, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | June 7, 2026, 5:08 a.m. EDT

This instrument is a leveraged bet on a newly launched single-stock ETF, creating a unique dynamic where the underlying asset's volatility is amplified twice. The recent price action shows a violent drop from the $50 range to the current $23 level, yet the options market is not pricing in a continued collapse; instead, it is pricing in a 'gap' event. The massive open interest at the $4 strike and the $100 strike for the nearest expiration suggests a belief that the price will either snap back to parity or crash further, leaving the middle ground as a dead zone. For a leveraged product, this is a dangerous setup: the recent drawdown has likely eroded the principal significantly, and the lack of a clear trend in longer-dated options means there is no consensus on whether the 'Circle' story is turning or failing. The dividend yield is negligible and irrelevant given the leverage. This is a speculative vehicle for traders expecting a binary resolution to the underlying stock's fortunes, not a long-term investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_42 ✓0.207801
AutoTheta0.222855
MSTL0.337689
AutoARIMA0.362400
AutoETS0.362407

Forecast horizon: 60 days | Selected: MSTL_42

Forecast Reliability
Score 30%
H-stat 0.41
Ljung-Box p 0.000
Jarque-Bera p 0.715
Excess Kurtosis 0.38
Attribute Value
Previous Name Proshares Trust - Proshares Ultra Crcl Etf

As of June 7, 2026, 5:08 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. The June expiration shows massive open interest walls at deep out-of-the-money strikes (4.0 and 100.0) alongside significant volume spikes at nearby strikes, suggesting a bet on a binary gap-up or gap-down event. Implied volatility is elevated relative to historical norms, particularly for deep OTM puts, indicating fear of a sharp decline. However, the lack of directional bias in the July and September expirations (where OTM and ITM positioning is relatively balanced) suggests traders are hedging against a crash rather than betting on a sustained rally.


Dividend Data

Dividend History
Date Dividend Yield %
2026-03-25 0.267 0.539067
2025-12-24 0.220 0.502283
2025-09-24 0.210 0.144330
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0

Info Dump

Attribute Value
All Time High 333.7
All Time Low 14.7
Ask 21.67
Ask Size 1,600
Average Daily Volume10 Day 1,222,440
Average Daily Volume3 Month 1,358,933
Average Volume 1,358,933
Average Volume10Days 1,222,440
Bid 21.55
Bid Size 1,000
Crypto Tradeable 0
Currency USD
Current Price 21.52
Custom Price Alert Confidence HIGH
Day High 23.84
Day Low 21.35
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 42.67
Fifty Day Average Change -21.149998
Fifty Day Average Change Percent -0.49566436
Fifty Two Week Change Percent -90.37136
Fifty Two Week High 333.7
Fifty Two Week High Change -312.18002
Fifty Two Week High Change Percent -0.935511
Fifty Two Week Low 14.7
Fifty Two Week Low Change 6.8200006
Fifty Two Week Low Change Percent 0.46394563
Fifty Two Week Range 14.7 - 333.7
First Trade Date Milliseconds 1,754,573,400,000
Full Exchange Name NYSEArca
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Long Name ProShares Ultra CRCL
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1953343584
Name Change Date 2,026-06-10
Open 23.93
Post Market Change 0.3199997
Post Market Change Percent 1.4869874
Post Market Price 21.84
Post Market Time 1,781,308,763
Prev Name Proshares Trust - Proshares Ultra Crcl Etf
Previous Close 24.32
Price Hint 2
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -2.8
Regular Market Change Percent -11.5132
Regular Market Day High 23.84
Regular Market Day Low 21.35
Regular Market Day Range 21.35 - 23.84
Regular Market Open 23.93
Regular Market Previous Close 24.32
Regular Market Price 21.52
Regular Market Time 1,781,294,400
Regular Market Volume 989,885
Short Name ProShares Ultra CRCL
Source Interval 15
Symbol CRCA
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 67.9617
Two Hundred Day Average Change -46.4417
Two Hundred Day Average Change Percent -0.68335104
Type Disp Equity
Volume 989,885