UPRO Option Overview

ProShares UltraPro S&P 500 (UPRO) options traded 16.9K contracts on Nov 6, 2026, well above the 20-day average of 6.02K, and calls outnumber puts. 30-day implied volatility was 56.6%, near the middle of its one-year range. Near-term max pain was $136.00, 5.4% above the $129.00 close.

About UPRO

UPRO Options FAQ

How actively are UPRO options traded?

13.32K calls and 3.59K puts traded on Nov 6, 2026, 16.9K contracts in total. Open interest was 86.08K contracts. Over the past 30 days, volume averaged 6.3K contracts per day. The UPRO option volume chart shows volume by strike and expiration date.

Is UPRO implied volatility high right now?

UPRO IV rank is 52, so its 30-day implied volatility of 56.6% is near the middle of its one-year range. Over the past year it ranged from 30.9% on Dec 23, 2025 to 80.5% on Mar 27, 2026. See the UPRO implied volatility history for a longer view.

What is the UPRO put/call ratio?

The UPRO put/call volume ratio was 0.27 on Nov 6, 2026, so calls outnumber puts. The put/call open interest ratio was 0.82. The UPRO open interest chart shows calls and puts at each strike.

What is UPRO max pain this week?

As of the Nov 6, 2026 close, max pain for UPRO options about one week from expiration was $136.00, 5.4% above the $129.00 close. The UPRO max pain chart shows it for every expiration date.

What is UPRO's expected move over the next week?

Based on 7-day implied volatility of 69.2%, options price a move of about ±$12.36 (±9.6%) over the next week, a range of roughly $116.64 to $141.36 from the Nov 6, 2026 close. The UPRO expected move chart shows it for every expiration date.