ProShares Ultra Utilities 2x Shares

UPWAMEX · USD
18.24USD0.00 (-3.50%)

ProShares Ultra Utilities 2x Shares (UPW) Implied Volatility Current

UPW implied volatility is 34%. IV Rank is 16%, placing current premiums in the bottom of their 52-week range.

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

ProShares Ultra Utilities seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Utilities Select SectorSM Index.

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

Implied Volatility

IV Rank
16.27%IV Rank
Low

IV is compressed vs the past year - options are relatively cheap, favoring buyers.

Implied Volatility (30d)33.98%

IV Rank16.27%

Historical Volatility (30d)29.60%

IV - HV+4.38%

As of September 23, 2026

Trade options with IV on your side

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

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