ProShares Ultra Bloomberg Crude Oil 2x Shares
ProShares Ultra Bloomberg Crude Oil 2x Shares (UCO) Implied Volatility Current
UCO implied volatility is 73%. IV Rank is 46%, placing current premiums in the middle of their 52-week range.
Read more
Tracking UCO implied volatility helps you identify when options premiums on ProShares Ultra Bloomberg Crude Oil 2x Shares are historically cheap or expensive, and where the best trades are hiding. ProShares Ultra Bloomberg Crude Oil 2x Shares implied volatility reflects the market's expectation of future price movement: when UCO IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor ProShares Ultra Bloomberg Crude Oil 2x Shares's implied volatility current levels in real time and filter for high-probability trades.
Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For UCO, tracking metrics like UCO IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on UCO signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.
ProShares Ultra Bloomberg Crude OilSM seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index.
Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where UCO implied volatility sits today versus where it has been. Our scanner ranks ProShares Ultra Bloomberg Crude Oil 2x Shares implied volatility against its historical range, surfaces extremes in UCO IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether ProShares Ultra Bloomberg Crude Oil 2x Shares IV is rich or cheap — measure it, then act on it.
Implied Volatility
IV is below its typical range - premiums look reasonable for buyers.
As of September 24, 2026
Trade options with IV on your side
Track UCO IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.
Start your 14-day free trial→