UCOP · Proshares Ultra Copper K-1 Free ETF ETF

Alerts for UCOP

$42.62 -0.05 (-0.11%) At close · Sep 4

Options Chain

Underlying $42.62 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 12 days to expiry · 42 contracts · mixed daily-bar sessions · Aug 6, 2026–Aug 24, 2026; 39 unknown

Put / call OI

3.50

Put-heavy positioning

Open interest

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$46.00

$3.38 above spot

ATM implied vol

40.7%

market's expected move

Open interest by strike

Calls Puts

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 12d Oct 16 40d Nov 20 75d Feb 19 166d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	90.4%	0.967	$8.40	$13.10	—		—	$0.00	$0.40	—	—	—	—
Call · $32 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol 90.4% Delta 0.967 ≈97% ITM Gamma 0.011 Theta -0.025 Vega 0.006 Open interest — OI effective date — Model this call Put · $32 Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.129 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	82%	0.964	$7.40	$12.10	—		—	$0.00	$3.40	—	—	—	—
Call · $33 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.932 UTC Last — Breakeven — Implied vol 82% Delta 0.964 ≈96% ITM Gamma 0.012 Theta -0.024 Vega 0.006 Open interest — OI effective date — Model this call Put · $33 Daily-bar session Unknown Quote as of 2026-09-04 19:56:04.882 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	64.4%	0.977	$6.30	$11.10	—		—	$0.00	$3.40	—	—	—	—
Call · $34 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:39.627 UTC Last — Breakeven — Implied vol 64.4% Delta 0.977 ≈98% ITM Gamma 0.011 Theta -0.015 Vega 0.004 Open interest — OI effective date — Model this call Put · $34 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	57.1%	0.975	$5.30	$10.10	—		—	$0.00	$3.40	—	—	—	—
Call · $35 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:39.270 UTC Last — Breakeven — Implied vol 57.1% Delta 0.975 ≈98% ITM Gamma 0.013 Theta -0.014 Vega 0.005 Open interest — OI effective date — Model this call Put · $35 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	49.9%	0.973	$4.30	$9.10	—		—	$0.00	$3.40	—	—	—	—
Call · $36 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:31.264 UTC Last — Breakeven — Implied vol 49.9% Delta 0.973 ≈97% ITM Gamma 0.016 Theta -0.014 Vega 0.005 Open interest — OI effective date — Model this call Put · $36 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	42.8%	0.97	$3.30	$8.10	—		—	$0.00	$3.40	—	—	—	—
Call · $37 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:57:39.083 UTC Last — Breakeven — Implied vol 42.8% Delta 0.97 ≈97% ITM Gamma 0.021 Theta -0.013 Vega 0.005 Open interest — OI effective date — Model this call Put · $37 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	42.4%	0.939	$2.40	$7.10	—		—	$0.00	$3.40	—	—	—	—
Call · $38 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.955 UTC Last — Breakeven — Implied vol 42.4% Delta 0.939 ≈94% ITM Gamma 0.037 Theta -0.02 Vega 0.009 Open interest — OI effective date — Model this call Put · $38 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	42.4%	0.886	$1.60	$6.10	—		—	$0.00	$3.40	—	—	—	—
Call · $39 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:31.266 UTC Last — Breakeven — Implied vol 42.4% Delta 0.886 ≈89% ITM Gamma 0.059 Theta -0.03 Vega 0.015 Open interest — OI effective date — Model this call Put · $39 Daily-bar session Unknown Quote as of 2026-09-04 19:56:04.882 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	41.5%	0.815	$0.80	$5.20	—		—	$0.00	$3.50	—	—	—	—
Call · $40 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:31.265 UTC Last — Breakeven — Implied vol 41.5% Delta 0.815 ≈81% ITM Gamma 0.083 Theta -0.039 Vega 0.021 Open interest — OI effective date — Model this call Put · $40 Daily-bar session Unknown Quote as of 2026-09-04 19:56:04.882 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	1	—	—	$0.00	$4.60	$3.00		—	$0.00	$3.50	—	—	—	—
Call · $41 In the money Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:56:09.932 UTC Last $3.00 Breakeven $44.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $41 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$4.10	—		—	$0.00	$3.60	—	—	—	—
Call · $42 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $42 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
Underlying $42.62
1	1	—	—	$0.00	$3.80	$5.00		—	$0.00	$4.00	—	—	—	—
Call · $43 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:56:09.929 UTC Last $5.00 Breakeven $48.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $43 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$3.80	—		—	$0.00	$4.50	—	—	—	—
Call · $44 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $44 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$3.70	—		—	$0.45	$5.10	-0.753	40.7%	—	—
Call · $45 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $45 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.928 UTC Last — Breakeven — Implied vol 40.7% Delta -0.753 ≈75% ITM Gamma 0.1 Theta -0.038 Vega 0.024 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$3.70	—		$3.62	$1.35	$6.00	-0.812	44.9%	10	7
Call · $46 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $46 In the money Daily-bar session Aug 6, 2026 Quote as of 2026-09-04 19:56:09.928 UTC Last $3.62 Breakeven $42.38 Implied vol 44.9% Delta -0.812 ≈81% ITM Gamma 0.078 Theta -0.035 Vega 0.021 Open interest 7 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$0.00	$3.60	—		—	$2.25	$6.90	-0.862	47.2%	—	—
Call · $47 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $47 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.928 UTC Last — Breakeven — Implied vol 47.2% Delta -0.862 ≈86% ITM Gamma 0.061 Theta -0.029 Vega 0.017 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$3.60	—		—	$3.20	$7.90	-0.883	52.5%	—	—
Call · $48 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $48 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:38.527 UTC Last — Breakeven — Implied vol 52.5% Delta -0.883 ≈88% ITM Gamma 0.048 Theta -0.029 Vega 0.015 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$3.60	—		—	$4.10	$8.80	-0.927	51%	—	—
Call · $49 Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $49 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol 51% Delta -0.927 ≈93% ITM Gamma 0.035 Theta -0.018 Vega 0.011 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$3.50	—		—	$5.10	$9.80	-0.932	56.7%	—	—
Call · $50 Daily-bar session Unknown Quote as of 2026-09-04 19:55:58.742 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $50 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:58.742 UTC Last — Breakeven — Implied vol 56.7% Delta -0.932 ≈93% ITM Gamma 0.03 Theta -0.019 Vega 0.01 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$3.50	—		—	$6.10	$10.80	-0.937	62.1%	—	—
Call · $51 Daily-bar session Unknown Quote as of 2026-09-04 19:56:04.882 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $51 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol 62.1% Delta -0.937 ≈94% ITM Gamma 0.026 Theta -0.02 Vega 0.01 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$3.50	—		—	$7.00	$11.80	-0.958	61.2%	—	—
Call · $52 Daily-bar session Unknown Quote as of 2026-09-04 19:56:04.882 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $52 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:56:09.929 UTC Last — Breakeven — Implied vol 61.2% Delta -0.958 ≈96% ITM Gamma 0.019 Theta -0.013 Vega 0.007 Open interest — OI effective date — Model this put

About this data

Each contract's last price, day range and volume belong to the daily-bar session shown in its details; unknown means the source omitted that timestamp. Open interest has its own effective date shown separately; implied volatility and greeks are model values computed when fetched. This chain has mixed daily-bar sessions · Aug 6, 2026–Aug 24, 2026; 39 unknown. Positioning totals are shown only when every returned open-interest value has the same known effective date. Bid and ask are real-time consolidated OPRA readings.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.