UCO - ProShares Ultra Bloomberg Crude Oil

NYSEArca - NYSEArca Delayed Price. Currency in USD
17.92
+0.49 (+2.81%)
At close: 4:00PM EST
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Previous Close17.43
Open18.72
Bid0.00 x 1100
Ask0.00 x 3000
Day's Range17.82 - 19.09
52 Week Range16.10 - 39.36
Volume5,238,571
Avg. Volume3,238,006
Net Assets347.6M
NAV16.95
PE Ratio (TTM)N/A
Yield0.00%
YTD Return-28.33%
Beta (3Y Monthly)3.97
Expense Ratio (net)0.98%
Inception Date2008-11-24
Trade prices are not sourced from all markets
  • Futures Spread: Divergence Is Important for Oil Traders
    Market Realist6 days ago

    Futures Spread: Divergence Is Important for Oil Traders

    On December 3, US crude oil January 2019 futures closed ~$1.12 below the January 2020 futures. On November 26, the futures spread was at a discount of ~$1.08. On November 28–December 3, US crude oil January futures rose 2.6%.

  • Tap Oil with These Leveraged Energy ETFs
    Zacks6 days ago

    Tap Oil with These Leveraged Energy ETFs

    Amid the renewed optimism, many investors have turned bullish on the energy sector and are seeking to tap this opportunity. For them, a leveraged play on energy or oil could be an excellent idea.

  • Did Oil ETFs Diverge from Oil Prices Last Week?
    Market Realist6 days ago

    Did Oil ETFs Diverge from Oil Prices Last Week?

    On November 23–30, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 0.9% and 1.2%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 2.7%. These ETFs track US crude oil futures.

  • Futures Spread: What’s Driving Bearish Oil Sentiment?
    Market Realist13 days ago

    Futures Spread: What’s Driving Bearish Oil Sentiment?

    On November 26, US crude oil January 2019 futures closed ~$1.1 below January 2020 futures. On November 19, the futures spread was at a discount of ~$0.7. Between November 19 and 26, US crude oil January futures fell 9.7%.

  • A New 2018 Low for US Crude Oil Prices Next Week?
    Market Realist14 days ago

    A New 2018 Low for US Crude Oil Prices Next Week?

    On November 21, US crude oil’s implied volatility was 48.4%, which was 36% above its 15-day average. On November 20, US crude oil’s implied volatility reached 53.4%—its highest level since February 29, 2016. The inverse relationship between oil prices and oil’s implied volatility is in the graph below. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 108.4%. Crude oil’s implied volatility has fallen ~35.6% since February 11, 2016.

  • Oil Futures Spread: Why the Divergence Is Interesting
    Market Realist20 days ago

    Oil Futures Spread: Why the Divergence Is Interesting

    On November 19, US crude oil January 2019 futures closed ~$0.7 below the January 2020 futures. On November 12, the futures spread was at a discount of ~$1.4. Between November 12–19, US crude oil January futures fell 4.8%.

  • Is $60 the Maximum for US Crude Oil Next Week?
    Market Realist21 days ago

    Is $60 the Maximum for US Crude Oil Next Week?

    On November 15, US crude oil’s implied volatility was 39.4%—26.3% above its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the following graph. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 115.4%. Crude oil’s implied volatility has fallen ~47.6% since February 11, 2016.

  • Will Energy Bonds Hold Up in a Volatile Oil Market?
    Harvest Exchange25 days ago

    Will Energy Bonds Hold Up in a Volatile Oil Market?

    A dramatic fall in oil prices, followed by a sell-off in high-yield energy bonds—is it time to worry about oil and gas companies again? Quite the contrary.

  • Futures Spread: Oil’s Bearish Sentiments Are Increasing
    Market Realist27 days ago

    Futures Spread: Oil’s Bearish Sentiments Are Increasing

    On November 12, US crude oil December futures closed ~$1.6 below the December 2019 futures. On November 5, the futures spread was at a discount of ~$0.55. On November 5–12, US crude oil December futures fell 5%.

  • Which Oil ETFs Fell Less than Oil Last Week?
    Market Realist28 days ago

    Which Oil ETFs Fell Less than Oil Last Week?

    On November 2–9, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 4.6% and 3.8%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 9%. These ETFs track US crude oil futures.

  • US Crude Oil Could Reach Its 2018 Low Next Week
    Market Realist28 days ago

    US Crude Oil Could Reach Its 2018 Low Next Week

    On November 8, US crude oil’s implied volatility was 30.8%—12.8% above its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the following graph. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 131.5%. Crude oil’s implied volatility has fallen ~59% since February 11, 2016.

  • Iran Sanctions Unlikely to Boost Oil ETFs in 2019?
    Zackslast month

    Iran Sanctions Unlikely to Boost Oil ETFs in 2019?

    Washington slams energy sanctions on Iran, which is less likely to push up oil ETFs in 2019.

  • Futures Spread: Oil Bulls Should Stay Cautious
    Market Realistlast month

    Futures Spread: Oil Bulls Should Stay Cautious

    On November 5, US crude oil December futures closed ~$0.55 below the December 2019 futures. On October 29, the futures spread was at a discount of ~$0.01. On October 29–November 5, US crude oil December futures fell 5.9%.

  • Which Oil-Tracking ETFs Outperformed US Crude Oil’s Fall?
    Market Realistlast month

    Which Oil-Tracking ETFs Outperformed US Crude Oil’s Fall?

    On October 26–November 2, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 7.1% and 6.4%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 13.9%. These ETFs track US crude oil futures.

  • US Crude Oil Could Fall to a Seven-Month Low Next Week
    Market Realistlast month

    US Crude Oil Could Fall to a Seven-Month Low Next Week

    On November 1, US crude oil’s implied volatility was 28.4%—9.6% above its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the following graph. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 143%. Crude oil’s implied volatility has fallen ~62.2% since February 11, 2016.

  • Energy Prices: Stable Expectations
    Harvest Exchangelast month

    Energy Prices: Stable Expectations

    Since the increase in intensity and scope of sanctions on Iran, the price of energy has re-emerged as a significant influence on our investment analysis, particularly in the short- and intermediate-term. We capture important nonfundamental macro ...

  • Futures Spread: Perhaps Bearish Sentiments for Oil
    Market Realistlast month

    Futures Spread: Perhaps Bearish Sentiments for Oil

    On October 29, US crude oil December 2018 futures closed ~$0.01 below the December 2019 futures. On October 22, the futures spread was at a premium of ~$0.60. Between October 22 and October 29, US crude oil December futures fell 3.3%. In fact, in that period, the futures spread shifted from a premium to a small discount.

  • Analyzing Oil ETFs and Oil Last Week
    Market Realistlast month

    Analyzing Oil ETFs and Oil Last Week

    On October 19–26, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 2.6% and 2.5%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 5.2%. These ETFs track US crude oil futures.

  • US Crude Oil Might Reach More than a Two-Month Low
    Market Realistlast month

    US Crude Oil Might Reach More than a Two-Month Low

    On October 25, US crude oil’s implied volatility was 25.5%—1.1% above its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the following graph. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 156.9%. Crude oil’s implied volatility has fallen ~66.1% since February 11, 2016.

  • Oil: Six Major Themes to Watch Over the Next Few Years
    Harvest Exchange2 months ago

    Oil: Six Major Themes to Watch Over the Next Few Years

    Six key themes could drive the energy market over the long term, and they include U.S. oil exports, electric cars and shifts to natural gas as a clean fuel. RSS Import: Original Source

  • Futures Spread Nearing Discount: US Crude Sentiment Might Reverse
    Market Realist2 months ago

    Futures Spread Nearing Discount: US Crude Sentiment Might Reverse

    On October 22, US crude oil December 2018 futures closed just ~$0.6 above the December 2019 futures. On October 15, the futures spread was at a premium of ~$2.1. Between October 15 and October 22, US crude oil December futures fell 3.1%. In fact, during this period, the futures spread is heading for a discount that might reflect a possible reversal in oil’s bullish sentiments.

  • Which Oil ETFs Outperformed US Crude Oil Last Week?
    Market Realist2 months ago

    Which Oil ETFs Outperformed US Crude Oil Last Week?

    On October 12–19, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 2.6% and 1.8%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 4.7%. These ETFs track US crude oil futures.

  • US Crude Oil Might Reach a Two-Month Low Next Week
    Market Realist2 months ago

    US Crude Oil Might Reach a Two-Month Low Next Week

    On October 18, US crude oil’s implied volatility was 25.8%—almost on par with its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the following graph. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 161.9%. Crude oil’s implied volatility has fallen ~65.7% since February 11, 2016.

  • Will Oil and Gas Companies Be Disrupted By Renewables?
    Harvest Exchange2 months ago

    Will Oil and Gas Companies Be Disrupted By Renewables?

    Entrenched industries that have historically profited from dirty, pollution-causing, greenhouse-emitting fossil fuels will find their business models in chaos.