ProShares UltraPro S&P500 (UPRO)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
124.49 USD
-0.74
(-0.591%) ⇩
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 11:48 p.m. EDT
UPRO is primed for a volatility event with a strong bullish bias from momentum traders, but the option market is pricing in a significant downside gap risk via excess put IV and deep OTM put positioning. The asset is currently sitting near its 52-week high, making the short-term upside explosive but statistically less likely than the realized volatility patterns suggest, while the long-term hold is structurally dangerous due to UPRO's daily reset mechanism at these elevated levels. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.097840 |
| AutoARIMA | 0.098450 |
| MSTL | 0.098507 |
| AutoTheta | 0.108396 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 14.45 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.136 |
| Excess Kurtosis | -0.43 |
| Attribute | Value |
|---|---|
| Trailing P/E | 33.10 |
As of April 18, 2026, 11:48 p.m. EDT: Call sentiment shows aggressive bullish positioning with significant volume spikes at 120-125 strikes for early expirations, creating a distinct bid wall. However, deep out-of-the-money calls (strikes far below current price) show massive IV spikes and OI, suggesting a volatility bed or structured bearish hedge (shorter-dated puts expiring cheap with high value protection). Put data confirms embedded bearish premium: significant new volume bought at deep strikes (117-120 range) indicates hedging against a rapid drop, while ATM IV for puts (76%) is substantially higher than calls (53%), implying the market prices a higher probability of downside volatility than upside extension in the immediate term.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.22% | 0.97% | 0.97% | 0.74% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-25 | 0.222000 | 0.220852 |
| 2025-12-24 | 0.340000 | 0.283214 |
| 2025-09-24 | 0.216000 | 0.198739 |
| 2025-06-25 | 0.229000 | 0.265232 |
| 2025-03-26 | 0.188000 | 0.243339 |
| 2024-12-23 | 0.255000 | 0.277475 |
| 2024-09-25 | 0.220000 | 0.264079 |
| 2024-06-26 | 0.223000 | 0.292672 |
| 2024-03-20 | 0.123000 | 0.179953 |
| 2023-12-20 | 0.119000 | 0.231769 |
| 2023-09-20 | 0.056000 | 0.128267 |
| 2023-06-21 | 0.145000 | 0.330528 |
| 2023-03-22 | 0.083000 | 0.250614 |
| 2022-12-22 | 0.136000 | 0.431738 |
| 2022-03-23 | 0.035000 | 0.059907 |
| 2021-12-23 | 0.030500 | 0.042535 |
| 2021-03-23 | 0.014500 | 0.034994 |
| 2020-12-23 | 0.013500 | 0.038298 |
| 2020-03-25 | 0.028500 | 0.239275 |
| 2019-12-24 | 0.050500 | 0.150712 |
| 2019-06-25 | 0.044500 | 0.174723 |
| 2019-03-20 | 0.047000 | 0.200488 |
| 2018-12-26 | 0.052000 | 0.327827 |
| 2018-09-26 | 0.019000 | 0.070074 |
| 2018-06-20 | 0.024000 | 0.101863 |
| 2018-03-21 | 0.015333 | 0.067759 |
| 2016-09-21 | 0.002167 | 0.018670 |
| 2016-06-22 | 0.013833 | 0.132446 |
| 2015-12-22 | 0.021833 | 0.221119 |
| 2015-06-24 | 0.002500 | 0.022280 |
| 2015-03-25 | 0.011000 | 0.105342 |
| 2014-12-22 | 0.011750 | 0.109172 |
| 2014-09-24 | 0.005917 | 0.061449 |
| 2014-06-25 | 0.006250 | 0.069249 |
| 2013-09-25 | 0.003083 | 0.053079 |
| 2013-06-26 | 0.002083 | 0.042410 |
| 2013-03-20 | 0.000625 | 0.013785 |
| 2012-12-26 | 0.000708 | 0.020727 |
| 2012-06-20 | 0.001083 | 0.036516 |
| 2011-09-21 | 0.001417 | 0.071497 |
| 2010-09-21 | 0.001847 | 0.092565 |
| 2010-06-22 | 0.002431 | 0.134964 |
| 2010-03-24 | 0.000889 | 0.039364 |
| 2009-12-23 | 0.001361 | 0.068080 |
| 2009-09-24 | 0.000875 | 0.052585 |
| Attribute | Value |
|---|---|
| All Time High | 126.43 |
| All Time Low | 1.013889 |
| Ask | 0.0 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 3,527,400 |
| Average Daily Volume3 Month | 4,545,737 |
| Average Volume | 4,545,737 |
| Average Volume10Days | 3,527,400 |
| Beta3 Year | 3.08 |
| Bid | 0.0 |
| Bid Size | 100 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 125.115 |
| Day Low | 123.14 |
| Dividend Yield | 1.04 |
| Eps Trailing Twelve Months | 3.7608845 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 109.698 |
| Fifty Day Average Change | 14.792 |
| Fifty Day Average Change Percent | 0.13484293 |
| Fifty Two Week Change Percent | 113.90035 |
| Fifty Two Week High | 126.43 |
| Fifty Two Week High Change | -1.9400024 |
| Fifty Two Week High Change Percent | -0.015344479 |
| Fifty Two Week Low | 55.77 |
| Fifty Two Week Low Change | 68.72 |
| Fifty Two Week Low Change Percent | 1.2322037 |
| Fifty Two Week Range | 55.77 - 126.43 |
| First Trade Date Milliseconds | 1,245,936,600,000 |
| Five Year Average Return | 0.19808109 |
| Full Exchange Name | NYSEArca |
| Fund Family | ProShares |
| Fund Inception Date | 1,245,715,200 |
| 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 invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of 500 of the largest companies listed and domiciled in the U.S. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified. |
| Long Name | ProShares UltraPro S&P500 |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_60517213 |
| Nav Price | 125.3277 |
| Net Assets | 3,965,078,780.0 |
| Net Expense Ratio | 0.89 |
| Open | 124.49 |
| Pre Market Change | 0.4200058 |
| Pre Market Change Percent | 0.33729988 |
| Pre Market Price | 124.94 |
| Pre Market Time | 1,776,758,881 |
| Previous Close | 125.23 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.740005 |
| Regular Market Change Percent | -0.590917 |
| Regular Market Day High | 125.115 |
| Regular Market Day Low | 123.14 |
| Regular Market Day Range | 123.14 - 125.115 |
| Regular Market Open | 124.49 |
| Regular Market Previous Close | 125.23 |
| Regular Market Price | 124.49 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 3,159,891 |
| Short Name | ProShares UltraPro S&P 500 |
| Source Interval | 15 |
| Symbol | UPRO |
| Three Year Average Return | 0.48158377 |
| Total Assets | 3,965,078,784 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 33.101254 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -15.93846 |
| Trailing Three Month Returns | -15.93846 |
| Triggerable | 1 |
| Two Hundred Day Average | 109.5385 |
| Two Hundred Day Average Change | 14.9515 |
| Two Hundred Day Average Change Percent | 0.1364954 |
| Type Disp | ETF |
| Volume | 3,159,891 |
| Yield | 0.0104 |
| Ytd Return | -15.93846 |