ETF ETFs - Leveraged Live Data Updated 2025-12-30

UDOW Options

ProShares UltraPro Dow30 Options Chain, Implied Volatility & Greeks

Comprehensive options market data for ProShares UltraPro Dow30 (UDOW). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

UDOW Options at a Glance

Daily Volume: 200K+ contracts
Bid-Ask Spread: Varies by strike
Open Interest: 1M+ contracts
IV Range: 40% - 120%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: Check earnings calendar
Avg Volume
200K+ contracts
Open Interest
1M+ contracts
IV Range
40% - 120%
Liquidity
Good
Weeklies
Yes
LEAPS
Yes

1 About ProShares UltraPro Dow30 (UDOW)

ProShares UltraPro Dow30 trades on NYSE. Options on UDOW are actively traded by retail and institutional investors.

Company Profile

Sector ETF
Industry Leveraged Dow ETF
Market Cap ETF
Exchange NYSE

Key Dates

Next Earnings Check earnings calendar
Earnings Frequency Quarterly
Dividend Schedule Varies
Fiscal Year End December

UDOW is an actively traded options name in the Leveraged Dow ETF space.

2 UDOW Options Market Overview

UDOW options offer good liquidity for traders seeking exposure to Leveraged Dow ETF.

Average Daily Volume 200K+ contracts
Total Open Interest 1M+ contracts
Put/Call Ratio 0.6 - 1.0 typical
Typical ATM Spread Varies by strike
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Good

UDOW options provide good liquidity for most trading strategies.

3 UDOW Volatility Profile

UDOW implied volatility reflects market expectations for ProShares UltraPro Dow30 price movement.

Low IV Environment
40% - 55%
Below average volatility
Typical IV Range
55% - 80%
Normal conditions
Elevated IV
80% - 120%
Above average volatility

Earnings Impact

IV typically increases before earnings and contracts afterward (IV crush).

Historical Volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term Structure

Term structure varies with market conditions and upcoming events.

View UDOW IV Analytics

UDOW Gamma Exposure (GEX)

Gamma Exposure (GEX) analysis for UDOW shows how dealer hedging may impact price behavior.

Typical GEX Profile: GEX profile varies based on market conditions and option positioning.

Key Levels: Major put and call walls at round number strikes may act as support/resistance.

Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.

View Live UDOW GEX

4 Common UDOW Options Strategies

These are strategies commonly used by traders on UDOW options, based on typical market characteristics. This is not investment advice.

Vertical Spreads Directional

Used by UDOW traders for directional exposure. Good liquidity supports efficient execution.

Straddles Volatility

Used by UDOW traders for volatility exposure. Good liquidity supports efficient execution.

Used by UDOW traders for neutral exposure. Good liquidity supports efficient execution.

Butterflies Precision

Used by UDOW traders for precision exposure. Good liquidity supports efficient execution.

Used by UDOW traders for income exposure. Good liquidity supports efficient execution.

Key Considerations for UDOW Options

  • UDOW options liquidity: Good - affects execution quality
  • IV range: 40% - 120% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

Frequently Asked Questions: UDOW Options

What are UDOW options?

UDOW options are derivative contracts that give you the right to buy (call) or sell (put) ProShares UltraPro Dow30 shares at a specific price before expiration.

How do I analyze UDOW implied volatility?

UDOW IV typically ranges from 40% - 55% during quiet periods to 80% - 120% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for UDOW options?

UDOW options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does UDOW report earnings?

ProShares UltraPro Dow30 typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for UDOW options?

Popular UDOW strategies include vertical spreads, straddles, and iron condors. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade UDOW options?

The most liquid trading hours for UDOW options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate UDOW option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for UDOW options across all strikes and expirations.

What happens to UDOW options at expiration?

In-the-money UDOW options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

Explore UDOW Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.