ProShares UltraPro MidCap400 3x Shares
ProShares UltraPro MidCap400 3x Shares (UMDD) Implied Volatility Current
UMDD implied volatility is 41%. IV Rank is 2%, placing current premiums in the bottom of their 52-week range.
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Tracking UMDD implied volatility helps you identify when options premiums on ProShares UltraPro MidCap400 3x Shares are historically cheap or expensive, and where the best trades are hiding. ProShares UltraPro MidCap400 3x Shares implied volatility reflects the market's expectation of future price movement: when UMDD IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor ProShares UltraPro MidCap400 3x 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 UMDD, tracking metrics like UMDD 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 UMDD signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.
ProShares UltraPro MidCap400 seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P MidCap 400.
Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where UMDD implied volatility sits today versus where it has been. Our scanner ranks ProShares UltraPro MidCap400 3x Shares implied volatility against its historical range, surfaces extremes in UMDD IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether ProShares UltraPro MidCap400 3x Shares IV is rich or cheap — measure it, then act on it.
Implied Volatility
IV is compressed vs the past year - options are relatively cheap, favoring buyers.
As of September 21, 2026
Trade options with IV on your side
Track UMDD IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.
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