ProShares Ultra Bloomberg Crude Oil (UCO)Trading--Leveraged Commodities | Exchange Traded Fund | NYSEArca
37.46 USD
-4.22
(-10.125%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 37.64 +0.18 (0.481%) ⇧ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:36 a.m. EDT
UCO is in a difficult spot: it has delivered massive returns this year (up 46%+ per recent headlines) after a severe 2025 drawdown, but recent price action (falling 15% in 2 weeks mentioned in the data dates and news) and heavy puts-flow signal exhaustion. The 2x leverage is currently the tail wagging the dog; with the short-term model predicting virtually zero movement (-0.14%) and high hedging volumes, the instrument is likely overextended and facing near-term resistance. It is not a buy-and-hold play for now; better suited for tactical dips into 2027-2028 strikes due to leverage decay and high variance risk premium. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.370888 |
| AutoARIMA | 0.373280 |
| AutoETS | 0.375533 |
| AutoTheta | 0.396311 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 43.02 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.063 |
| Excess Kurtosis | -1.71 |
As of April 19, 2026, 12:36 a.m. EDT: Speculators are positioning for continued volatility but lack clear directional conviction. The OTM/OI percentages are skewed heavily towards the downside (approx. 60% OTM for calls, 80%+ for PUTs), indicating a protective hedging press or contrarian bet on a decline rather than aggressive leverage exposure. Volume is spiked significantly higher than OI on call strikes at $40 and $45 for near-term expirations, suggesting some buy-side activity attempting to challenge downside protection. However, the substantial volume on $25 PUTs (which are trading as collateral pre-market with 0.08 price, implying heavy buying pressure or short interest there) combined with the high implied volatility skew on deep OTM puts suggests a market anticipating a 'gap down' event or sustained weakness in oil prices.
| Attribute | Value |
|---|---|
| All Time High | 6,760.0 |
| All Time Low | 2.75 |
| Ask | 37.64 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 8,512,590 |
| Average Daily Volume3 Month | 9,941,570 |
| Average Volume | 9,941,570 |
| Average Volume10Days | 8,512,590 |
| Beta3 Year | 2.72 |
| Bid | 37.62 |
| Bid Size | 800 |
| Category | Trading--Leveraged Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 37.8 |
| Day Low | 35.23 |
| 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 | 33.7592 |
| Fifty Day Average Change | 3.700798 |
| Fifty Day Average Change Percent | 0.10962339 |
| Fifty Two Week Change Percent | 74.15155 |
| Fifty Two Week High | 44.25 |
| Fifty Two Week High Change | -6.790001 |
| Fifty Two Week High Change Percent | -0.15344635 |
| Fifty Two Week Low | 18.12 |
| Fifty Two Week Low Change | 19.339998 |
| Fifty Two Week Low Change Percent | 1.0673288 |
| Fifty Two Week Range | 18.12 - 44.25 |
| First Trade Date Milliseconds | 1,227,623,400,000 |
| Five Year Average Return | 0.2023547 |
| 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 | 37.284 |
| Net Assets | 622,310,980.0 |
| Net Expense Ratio | 1.47 |
| Open | 36.99 |
| Phone | 240-497-6400 |
| Post Market Change | 0.1800003 |
| Post Market Change Percent | 0.48051336 |
| Post Market Price | 37.64 |
| Post Market Time | 1,776,470,392 |
| Previous Close | 41.68 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -4.22 |
| Regular Market Change Percent | -10.1248 |
| Regular Market Day High | 37.8 |
| Regular Market Day Low | 35.23 |
| Regular Market Day Range | 35.23 - 37.8 |
| Regular Market Open | 36.99 |
| Regular Market Previous Close | 41.68 |
| Regular Market Price | 37.46 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 9,004,180 |
| Short Name | ProShares Ultra Bloomberg Crude |
| Source Interval | 15 |
| Symbol | UCO |
| Three Year Average Return | 0.0822728 |
| Total Assets | 622,310,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 100.96363 |
| Trailing Three Month Returns | 100.96363 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.82785 |
| Two Hundred Day Average Change | 12.632149 |
| Two Hundred Day Average Change Percent | 0.5087895 |
| Type Disp | ETF |
| Volume | 9,004,180 |
| Yield | 0.0 |
| Ytd Return | 100.96363 |