ProShares Ultra Bloomberg Crude Oil (UCO)Trading--Leveraged Commodities | Exchange Traded Fund | NYSEArca
38.74 USD
+4.07
(11.739%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 39.57 +0.83 (2.142%) ⇧ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:35 a.m. EDT
This leveraged oil ETF is currently trapped in a brutal consolidation zone, oscillating between $32 and $36 while the underlying commodity faces a multi-year structural decline. The price action is a classic 'death spiral' setup for leveraged products: the asset is down nearly 81% over the last nine years, with the most recent annual performance also negative. While the 2x leverage amplifies daily gains, it is equally destructive during the extended sideways-to-downward grind typical of the current oil cycle. The options market confirms this stagnation, with massive walls of open interest at $34 and $35 preventing any clean breakout, effectively capping upside potential until a fundamental shift in crude prices occurs. For a long-term holder, the compounding drag of decay in a non-trending market is severe. For a short-term trader, the lack of a clear directional bias and the very low reliability of statistical forecasts suggest waiting for a confirmed break of the $36 resistance before engaging. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.096152 |
| AutoETS | 0.097573 |
| AutoTheta | 0.164265 |
| AutoARIMA | 0.301192 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 6.60 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.013 |
| Excess Kurtosis | 0.04 |
As of July 11, 2026, 5:35 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call Open Interest is heavily concentrated at the $35 strike, acting as a major resistance wall, while significant Put Open Interest sits at $34 and $44, creating a tight range-bound environment. Unusual volume spikes appear on both sides at strikes far from the money (deep ITM and deep OTM), suggesting hedging or speculative bets on extreme moves rather than a consensus trend toward upside or downside. The implied volatility surface shows elevated premiums for deep strikes, indicating fear of large gaps.
| Attribute | Value |
|---|---|
| All Time High | 6,760.0 |
| All Time Low | 2.75 |
| Ask | 0.0 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 2,940,920 |
| Average Daily Volume3 Month | 4,070,032 |
| Average Volume | 4,070,032 |
| Average Volume10Days | 2,940,920 |
| Beta3 Year | 2.79 |
| Bid | 0.0 |
| Bid Size | 300 |
| Category | Trading--Leveraged Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 39.4 |
| Day Low | 36.0201 |
| 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 | 42.4216 |
| Fifty Day Average Change | -3.6815987 |
| Fifty Day Average Change Percent | -0.08678594 |
| Fifty Two Week Change Percent | 45.36687 |
| Fifty Two Week High | 52.94 |
| Fifty Two Week High Change | -14.199997 |
| Fifty Two Week High Change Percent | -0.26822814 |
| Fifty Two Week Low | 18.12 |
| Fifty Two Week Low Change | 20.62 |
| Fifty Two Week Low Change Percent | 1.1379691 |
| Fifty Two Week Range | 18.12 - 52.94 |
| First Trade Date Milliseconds | 1,227,623,400,000 |
| Five Year Average Return | 0.13574581 |
| Full Exchange Name | NYSEArca |
| Fund Family | ProShares |
| Fund Inception Date | 1,227,484,800 |
| 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, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts, forward contracts, and option contracts) based on WTI sweet, light crude oil. It will not invest directly in oil. |
| Long Name | ProShares Ultra Bloomberg Crude Oil |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_51150698 |
| Nav Price | 34.622 |
| Net Assets | 311,971,520.0 |
| Net Expense Ratio | 1.47 |
| Open | 36.09 |
| Phone | 240-497-6400 |
| Post Market Change | 0.829998 |
| Post Market Change Percent | 2.1424832 |
| Post Market Price | 39.57 |
| Post Market Time | 1,783,987,199 |
| Previous Close | 34.67 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 4.07 |
| Regular Market Change Percent | 11.7393 |
| Regular Market Day High | 39.4 |
| Regular Market Day Low | 36.0201 |
| Regular Market Day Range | 36.0201 - 39.4 |
| Regular Market Open | 36.09 |
| Regular Market Previous Close | 34.67 |
| Regular Market Price | 38.74 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 6,238,253 |
| Short Name | ProShares Ultra Bloomberg Crude |
| Source Interval | 15 |
| Symbol | UCO |
| Three Year Average Return | 0.120465696 |
| Total Assets | 311,971,520 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -16.16396 |
| Trailing Three Month Returns | -16.16396 |
| Triggerable | 1 |
| Two Hundred Day Average | 30.23625 |
| Two Hundred Day Average Change | 8.503752 |
| Two Hundred Day Average Change Percent | 0.2812436 |
| Type Disp | ETF |
| Volume | 6,238,253 |
| Yield | 0.0 |
| Ytd Return | 68.47995 |