ProShares Ultra Russell 2000 2X Shares
ProShares Ultra Russell 2000 2X Shares (UWM) Implied Volatility Current
UWM implied volatility is 37%. IV Rank is 21%, placing current premiums in the bottom of their 52-week range.
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Tracking UWM implied volatility helps you identify when options premiums on ProShares Ultra Russell 2000 2X Shares are historically cheap or expensive, and where the best trades are hiding. ProShares Ultra Russell 2000 2X Shares implied volatility reflects the market's expectation of future price movement: when UWM 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 Russell 2000 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 UWM, tracking metrics like UWM 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 UWM signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.
ProShares Ultra Russell2000 seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Russell 2000 Index.
Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where UWM implied volatility sits today versus where it has been. Our scanner ranks ProShares Ultra Russell 2000 2X Shares implied volatility against its historical range, surfaces extremes in UWM IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether ProShares Ultra Russell 2000 2X 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 25, 2026
Trade options with IV on your side
Track UWM IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.
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