ProShares Ultra Solana ETF (SLON)NYSEArca
18.47 USD
-1.52
(-7.626%) ⇩
(July 13, 2026, 3:59 p.m.
EDT)
After hours: 18.28 -0.19 (-0.190%) ⇩ (July 13, 2026, 6:23 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:32 a.m. EDT
This leveraged crypto ETF is currently trapped in a severe structural decline. The price has collapsed from a peak of $395.30 to roughly $20, representing a catastrophic loss of value that dwarfs any recent minor bounce. While the last two weeks show a technical recovery from lows near $14, the asset remains deeply suppressed relative to its 200-day average and historical highs. The lack of a multi-year price history prevents a traditional fundamental assessment, but the sheer magnitude of the drawdown suggests the underlying asset (Solana) or the leverage mechanism has faced a regime shift that the market has not yet fully priced out. The options chain confirms a defensive posture, with heavy put writing at strikes significantly below the current price, implying traders expect further volatility and downside risk. Until the price stabilizes well above the $395 high or the leverage structure proves resilient, this remains a high-risk speculative vehicle rather than a viable investment. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.250066 |
| AutoARIMA | 0.250857 |
| AutoETS | 0.253074 |
| MSTL | 0.254375 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 9.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.224 |
| Excess Kurtosis | -1.25 |
As of July 11, 2026, 4:32 a.m. EDT: Speculators are positioning for a significant downside correction, evidenced by massive open interest in deep out-of-the-money puts (strikes 4.0, 5.0, 6.0) expiring in September and December, which vastly outweighs call interest. Conversely, call activity is concentrated in strikes far above the current price (24.0, 30.0), suggesting a speculative 'moon shot' bias rather than a realistic recovery expectation. The near-term July expiration shows mixed sentiment with notable put volume at the money, while August sees almost exclusively out-of-the-money calls, indicating a binary view where the market expects either a crash or a massive rally, but currently leans towards hedging against the former.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-10-01 | 4.04 | 1.430848 |
| Attribute | Value |
|---|---|
| All Time High | 395.3 |
| All Time Low | 13.0 |
| Ask | 0.0 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 70,120 |
| Average Daily Volume3 Month | 58,189 |
| Average Volume | 58,189 |
| Average Volume10Days | 70,120 |
| Bid | 0.0 |
| Bid Size | 200 |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 18.47 |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.1199 |
| Day Low | 18.185 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 21.87298 |
| Fifty Day Average Change | -3.4029808 |
| Fifty Day Average Change Percent | -0.15557921 |
| Fifty Two Week Change Percent | -89.52977 |
| Fifty Two Week High | 395.3 |
| Fifty Two Week High Change | -376.83 |
| Fifty Two Week High Change Percent | -0.953276 |
| Fifty Two Week Low | 13.0 |
| Fifty Two Week Low Change | 5.4699993 |
| Fifty Two Week Low Change Percent | 0.42076918 |
| Fifty Two Week Range | 13.0 - 395.3 |
| First Trade Date Milliseconds | 1,752,586,200,000 |
| Full Exchange Name | NYSEArca |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Long Name | ProShares Ultra Solana ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1938552351 |
| Open | 18.69 |
| Post Market Change | -0.18999863 |
| Post Market Change Percent | -1.0286878 |
| Post Market Price | 18.28 |
| Post Market Time | 1,783,981,380 |
| Previous Close | 19.9949 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -1.5249 |
| Regular Market Change Percent | -7.62645 |
| Regular Market Day High | 19.1199 |
| Regular Market Day Low | 18.185 |
| Regular Market Day Range | 18.185 - 19.1199 |
| Regular Market Open | 18.69 |
| Regular Market Previous Close | 19.9949 |
| Regular Market Price | 18.47 |
| Regular Market Time | 1,783,972,786 |
| Regular Market Volume | 67,850 |
| Short Name | ProShares Ultra Solana ETF |
| Source Interval | 15 |
| Symbol | SLON |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 75.46179 |
| Two Hundred Day Average Change | -56.99179 |
| Two Hundred Day Average Change Percent | -0.7552404 |
| Type Disp | Equity |
| Volume | 67,850 |