ProShares Ultra Palladium K-1 Free ETF
ProShares Ultra Palladium K-1 Free ETF (UPAL) Expected Move
UPAL expected move through Oct 16, 2026 is 20.2%, with 23 days to expiration. The implied range is $19.09 to $28.74, based on the previous trading day's options prices.
Read more
Tracking the UPAL expected move helps you see how far ProShares Ultra Palladium K-1 Free ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. ProShares Ultra Palladium K-1 Free ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the UPAL expected move for this week's options, in real time.
The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For UPAL, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The UPAL expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks ProShares Ultra Palladium K-1 Free ETF is unlikely to go.
The ProShares Ultra Palladium K-1 Free ETF (UPAL) is designed to deliver a daily return that is double the percentage movement of palladium prices. This magnified exposure is achieved through the strategic use of derivatives. Moreover, the fund offers focused investment in palladium while providing the benefit of simplified tax reporting, as it does not issue K-1 forms.
Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the UPAL expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The ProShares Ultra Palladium K-1 Free ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about UPAL.
UPAL Price
Drag chart to pan. Drag axes to zoom.
| Expiration | DTE | Expected move (USD) | Expected move (%) | Upper price | Lower price |
|---|---|---|---|---|---|
| Oct 16, 2026 | 23 | $4.83 | 20.2% | $28.74 | $19.09 |
| Nov 20, 2026 | 58 | $7.09 | 29.6% | $31.00 | $16.82 |
| Feb 19, 2027 | 149 | $9.24 | 38.6% | $33.15 | $14.67 |
| May 21, 2027 | 240 | $11.33 | 47.4% | $35.24 | $12.59 |
As of September 22, 2026
Know What the Market Expects From UPAL
Track the UPAL expected move across every expiration, filter by IV rank and liquidity, and trade around the range the market is already pricing in.
Start your 14-day free trial→