ProShares Ultra Gold 2x Shares

UGLAMEX · USD
46.21USD0.00 (+2.62%)

ProShares Ultra Gold 2x Shares (UGL) Implied Volatility Current

UGL implied volatility is 45%. IV Rank is 29%, placing current premiums in the bottom of their 52-week range.

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Tracking UGL implied volatility helps you identify when options premiums on ProShares Ultra Gold 2x Shares are historically cheap or expensive, and where the best trades are hiding. ProShares Ultra Gold 2x Shares implied volatility reflects the market's expectation of future price movement: when UGL 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 Gold 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 UGL, tracking metrics like UGL 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 UGL signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

ProShares Ultra Gold seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold SubindexSM.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where UGL implied volatility sits today versus where it has been. Our scanner ranks ProShares Ultra Gold 2x Shares implied volatility against its historical range, surfaces extremes in UGL IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether ProShares Ultra Gold 2x Shares IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
29.37%IV Rank
Low

IV is below its typical range - premiums look reasonable for buyers.

Implied Volatility (30d)45.05%

IV Rank29.37%

Historical Volatility (30d)54.56%

IV - HV-9.51%

As of September 29, 2026

Trade options with IV on your side

Track UGL IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.

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