ProShares Ultra Copper K-1 Free ETF

UCOPAMEX · USD
40.72USD-0.69 (-1.66%)

ProShares Ultra Copper K-1 Free ETF (UCOP) Unusual Options Activity Today

UCOP options volume power reached 0x on the previous trading day. The highest reading was on the $41 CALL expiring 2026-09-18.

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Checking UCOP unusual options activity helps you spot when traders are making outsized bets on ProShares Ultra Copper K-1 Free ETF before the broader market catches on. ProShares Ultra Copper K-1 Free ETF's unusual options activity flags contracts trading at multiples of their average daily volume, often signaling that informed money is positioning ahead of a catalyst. Use our scanner to monitor UCOP unusual options activity today and surface the prints that deserve a second look.

Unusual options flow typically refers to trades where volume vastly exceeds open interest at a given strike, or where total contract volume on a name spikes well above its norm. Watching UCOP unusual options flow today can reveal large block trades, sweeps across exchanges, and aggressive directional bets. Tracking UCOP unusual options volume across calls and puts helps you separate hedging activity from genuinely speculative positioning, and UCOP unusual options flow data becomes especially valuable around earnings, product launches, and macro events.

UCOP is designed to achieve a daily return that is twice the performance of copper prices, before accounting for fees and operating costs. The fund benchmarks its performance against the United States Copper Index Fund (CPER), an ETF that invests in copper futures. Rather than directly holding physical copper or futures contracts, UCOP primarily uses swap agreements to establish its leveraged exposure. Its K-1 free structure offers a more straightforward tax reporting experience compared to various other commodity funds. Any remaining capital is typically invested in short-duration holdings such as US Treasury bills, repurchase agreements, or money market funds, which serve as collateral.

The portfolio undergoes rebalancing daily to maintain approximately 200% exposure. This daily reset means that returns for periods longer than one day can vary substantially from twice the copper's movement, as daily compounding and market fluctuations impact results over time. Therefore, this strategy is generally better suited for short-term, tactical views on copper rather than long-term buy-and-hold allocations.

Catalysts rarely arrive without a footprint, and UCOP unusual options activity is often where that footprint shows up first. Our scanner tracks ProShares Ultra Copper K-1 Free ETF's unusual options flow in real time, ranks prints by volume-to-open-interest, premium spent, and aggressor side, and separates real conviction from noise. Whether you're looking at UCOP unusual options volume on the call side or chasing put sweeps, ProShares Ultra Copper K-1 Free ETF's unusual options flow today is one click away, so put it on your radar before the headlines hit.

2026-10-16
Calls
33.006.1011.008.5564%00—
34.005.1010.107.6062%00—
35.004.209.206.7063%00—
36.003.308.305.8061%00—
37.002.407.404.9058%00—
Puts
33.00—5.005.00284%00—
34.00—5.005.00267%00—
35.00—5.005.00251%00—
36.00—5.005.00234%00—
37.00—5.005.00218%00—

As of September 30, 2026

Spot unusual options activity before it moves

Track UCOP options flow across every expiration, filter by volume power, and find the setups with abnormal activity before the trade is gone.

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