UCO - ProShares Ultra Bloomberg Crude Oil
33.61 +0.21 (0.63%)
After hours: 6:11PM EDT
| Previous Close | 32.28 |
| Open | 32.52 |
| Bid | 33.21 x 1100 |
| Ask | 33.61 x 3000 |
| Day's Range | 32.50 - 33.43 |
| 52 Week Range | 16.14 - 34.79 |
| Volume | 2,088,037 |
| Avg. Volume | 2,313,967 |
| Net Assets | 424.93M |
| NAV | 32.16 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | 37.67% |
| Beta (3y) | 3.63 |
| Expense Ratio (net) | 0.98% |
| Inception Date | 2008-11-24 |
- Market Realist•yesterday
An Interesting Divergence in the Oil Futures Spread Market
On September 17, US crude oil October 2018 futures closed ~$2.38 above October 2019 futures contracts.
Market Realist•8 days agoFutures Spread: Are Oversupply Concerns Rising?
On September 10, 2018, US crude oil October 2018 futures closed ~$2.38 above October 2019 futures contracts. On August 31, 2018, the futures spread was at a premium of ~$3.85. Between August 31 and September 10, 2018, US crude oil October futures fell 3.2%.
Market Realist•9 days agoHow Oil ETFs Performed amid Oil’s Fall Last Week
Between August 31 and September 7, the United States Oil ETF (USO) fell 2.9%, the United States 12-Month Oil ETF (USL) fell 2.4%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 5.2%. These ETFs track US crude oil futures.
- ETF Trends•12 days ago
Decline in Oil Prices Presents Opportunities for Inverse ETF Investors
Oil prices fell today, notching their first weekly loss since mid-August, allowing for opportunities for traders to use an inverse oil ETF play like the Direxion Daily S&P Oil & Gas Exploration & Production ...
- Market Realist•15 days ago
Futures Spread: Oil’s Supply Concerns Are Rising
On August 31, US crude oil’s October 2018 futures closed ~$3.85 above the October 2019 futures contract. On August 24, the futures spread was at a premium of ~$3.70. Between August 24 and August 31, US crude oil October futures rose 1.6%.
- Market Realist•15 days ago
Did Oil ETFs Outperform Oil’s Rise Last Week?
On August 24–31, the United States Oil ETF (USO) rose 1.9%, the United States 12-Month Oil ETF (USL) rose 1.8%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 3.8%. These ETFs track US crude oil futures.
Market Realist•22 days agoAre Oil’s Supply Deficit Concerns Rising?
On August 27, US crude oil October futures closed ~$3.7 above the October 2019 futures contract. On August 20, the futures spread was at a premium of ~$3.1. On August 20–27, US crude oil October futures rose 5.3%.
Market Realist•23 days agoWhich Oil ETFs Outperformed Oil’s Rise Last Week?
On August 17–24, the United States Oil ETF (USO) rose 5.4%, the United States 12-Month Oil ETF (USL) rose 4.9%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 10.4%. These ETFs track US crude oil futures.
Market Realist•29 days agoCrude Oil: Analyzing the Futures Spread
On August 20, US crude oil October futures closed ~$3.1 above the October 2019 futures contract. On August 13, the futures spread was at a premium of ~$3.62. On August 13–20, US crude oil October futures fell 1.7%.
Market Realist•last monthHow Oil ETFs Performed amid Oil’s Decline
On August 10–17, the United States Oil ETF (USO) fell 2.8%, the United States 12-Month Oil ETF (USL) fell 2.3%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 5.2%. These ETFs track US crude oil futures.
Market Realist•last monthOil: Are Oversupply Concerns Rising?
On August 13, US crude oil September futures closed ~$3.97 above the September 2019 futures contract. On August 6, the futures spread was at a premium of ~$5.02. On August 6–13, US crude oil September futures fell 2.6%.
Market Realist•last monthComparing the Fall in Oil ETFs and Oil Last Week
On August 3–10, the United States Oil ETF (USO) fell 1.3%, the United States 12-Month Oil ETF (USL) fell 0.5%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 2.8%. These ETFs track US crude oil futures.
Market Realist•last monthWhere US Crude Oil Prices Could Close Next Week
On August 9, US crude oil’s implied volatility was 23.1%, which was ~1.3% below its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the graph below.
Market Realist•last monthAnalyzing US Crude Oil’s Futures Spread
On August 6, US crude oil September futures closed ~$5.02 above the September 2019 futures contract. On July 30, the futures spread was at a premium of ~$5.08. On July 30–August 6, US crude oil September futures fell 1.6%.
Market Realist•last monthHave Oil ETFs Underperformed US Crude Oil?
Between July 27 and August 3, the United States Oil ETF (USO) fell 0.3%, the United States 12-Month Oil ETF (USL) fell 0.6%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 0.9%. These ETFs track US crude oil futures.
- Market Realist•2 months ago
Could $67 Be the Next Important Level for US Crude Oil?
Yesterday, US crude oil’s implied volatility was 23.4%, ~3.3% below its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the graph below. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 163.1%. Crude oil’s implied volatility has fallen ~68.9% since February 11, 2016.
Market Realist•2 months agoAre Oil ETFs Rising Faster than US Crude Oil?
Between July 20 and July 27, the United States Oil ETF (USO) rose 1.2%, the United States 12-Month Oil ETF (USL) rose 2.1%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 2.4%. These ETFs track US crude oil futures.
- Market Realist•2 months ago
What to Expect from US Crude Oil Next Week
On July 26, US crude oil’s implied volatility was 22.6%, ~8.9% below its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the graph below. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 165.6%. Crude oil’s implied volatility has fallen ~69.9% since February 11.
Market Realist•2 months agoHow Will Noble Energy Fare in Q2 2018?
Lower Production Forecast: How Will This Affect NBL’s Q2 Results?Noble Energy’s Q2 2018 revenue estimates
Market Realist•2 months agoWhiting Petroleum’s Short Interest Trends
Whiting Petroleum’s (WLL) short interest ratio (short interest as a percentage of float) is currently higher than it was a year ago, standing at ~13.34% in comparison to ~4.95%. WLL’s short interest started rising sharply last November after the company announced a one-for-four reverse stock split decision. However, as shown in the graph below, it has been following a declining trend recently, which could suggest that some investors have cut their bearish bets on the stock.
- Harvest Exchange•2 months ago
5 investing ideas for the second half
Markets are in a tug-of-war as we enter the second half of 2018: Strong global growth and corporate earnings on the one side. Rising economic risks such as trade disputes on the other. We still see the former winning out, with robust U.S. growth ...
Market Realist•2 months agoChesapeake Energy’s Recent Stock Performance
Are You Ready for Chesapeake Energy’s Q2 2018 Earnings? Chesapeake Energy (CHK) stock had been on an uptrend since it released its first-quarter earnings. The stock was boosted by strong crude oil prices (UCO).
- Harvest Exchange•2 months ago
The Chinese Oil Play against US Iranian Sanctions
The Beijing-Teheran Connection There has emerged more than anecdotal evidence that Beijing is intent on using crude oil as a weapon in the developing tariff fight with Trump. China has indicated it would place American oil exports on its list for ...
Market Realist•2 months agoAnalyzing the Conflicted Oil Futures Market
On July 23, US crude oil September futures closed ~$4.4 above the September 2019 futures contract. On July 16, the futures spread was at a premium of ~$5.4. Between July 16 and July 23, US crude oil September futures rose 1.2%.
- Harvest Exchange•2 months ago
FERC Change in Stance Is Positive for Oil and Gas MLPs
The modified ruling triggered sharp rebounds for the names hurt most by FERC’s March policy announcement. Master limited partnership (MLP) investors received some good news last week. The Federal Energy Regulatory Commission (FERC) issued a final ...
