VIXM250919P00022000 Option on ProShares VIX Mid
VIXM Etf | USD 16.73 0.13 0.78% |
VIXM250919P00022000 is a PUT option contract on ProShares VIX's common stock with a strick price of 22.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 82 days remaining before the expiration. The option is currently trading at a bid price of $3.2, and an ask price of $8.0. The implied volatility as of the 29th of June is 82.0.
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When exercised, put options on ProShares VIX produce a short position in ProShares Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on ProShares VIX's downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that ProShares VIX Mid Term will have an average daily up or down price movement of about 0.0364% per day over the life of the option. With ProShares VIX trading at USD 16.73, that is roughly USD 0.006089. If you think that the market is fully understating ProShares VIX's daily price movement you should consider buying ProShares VIX Mid Term options at that current volatility level of 0.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on ProShares VIX
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their ProShares VIX positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on ProShares Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract Name | VIXM250919P00022000 |
Expires On | 2025-09-19 |
Days Before Expriration | 82 |
Vega | 0.021764 |
Gamma | 0.06135 |
Theoretical Value | 5.6 |
Open Interest | 46 |
Strike Price | 22.0 |
Current Price Spread | 3.2 | 8.0 |
Rule 16 Daily Up or Down | USD 0.006089 |
ProShares short PUT Option Greeks
ProShares VIX's Option Greeks for the contract ending on 2025-09-19 at a strike price of 22.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to ProShares VIX's option greeks, its implied volatility helps estimate the risk of ProShares VIX stock implied by the prices of the options on ProShares VIX's stock.
Delta | -0.805012 | |
Gamma | 0.06135 | |
Theta | -0.006312 | |
Vega | 0.021764 | |
Rho | -0.026121 |
ProShares long PUT Option Payoff at expiration
Put options written on ProShares VIX grant holders of the option the right to sell a specified amount of ProShares VIX at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of ProShares Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on ProShares VIX is like buying insurance aginst ProShares VIX's downside shift.
Profit |
ProShares VIX Price At Expiration |
ProShares short PUT Option Payoff at expiration
By selling ProShares VIX's put option, the investors signal their bearish sentiment. A short position in a put option written on ProShares VIX will generally make money when the underlying price is above the strike price. Therefore ProShares VIX's put payoff at expiration depends on where the ProShares Etf price is relative to the put option strike price. The breakeven price of 16.4 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to ProShares VIX's price. Finally, at the strike price of 22.0, the payoff chart is constant and positive.
Profit |
ProShares VIX Price At Expiration |
ProShares VIX Mid Available Put Options
ProShares VIX's option chain is a display of a range of information that helps investors for ways to trade options on ProShares. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ProShares. It also shows strike prices and maturity days for a ProShares VIX against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open Int | Strike Price | Current Spread | Last Price | |||
Put | VIXM250919P00035000 | 0 | 35.0 | 15.8 - 20.5 | 15.8 | In |
Put | VIXM250919P00030000 | 22 | 30.0 | 10.8 - 15.5 | 10.8 | In |
Put | VIXM250919P00029000 | 3 | 29.0 | 10.0 - 14.5 | 10.0 | In |
Put | VIXM250919P00028000 | 0 | 28.0 | 9.0 - 13.8 | 9.0 | In |
Put | VIXM250919P00027000 | 1 | 27.0 | 8.0 - 12.8 | 8.0 | In |
Put | VIXM250919P00026000 | 1 | 26.0 | 7.0 - 11.6 | 7.0 | In |
Put | VIXM250919P00025000 | 1 | 25.0 | 6.1 - 10.9 | 6.1 | In |
Put | VIXM250919P00024000 | 3 | 24.0 | 5.1 - 10.0 | 5.1 | In |
Put | VIXM250919P00023000 | 1 | 23.0 | 4.1 - 9.0 | 4.1 | In |
Put | VIXM250919P00022000 | 46 | 22.0 | 3.2 - 8.0 | 3.2 | In |
Put | VIXM250919P00021000 | 1 | 21.0 | 2.2 - 7.0 | 2.2 | In |
Put | VIXM250919P00020000 | 45 | 20.0 | 1.2 - 6.0 | 1.2 | In |
Put | VIXM250919P00019000 | 6 | 19.0 | 0.55 - 5.0 | 0.55 | In |
Put | VIXM250919P00018000 | 5 | 18.0 | 0.0 - 4.8 | 4.8 | In |
Put | VIXM250919P00017000 | 46 | 17.0 | 0.0 - 4.8 | 4.8 | In |
Put | VIXM250919P00016000 | 23 | 16.0 | 0.0 - 3.3 | 3.3 | Out |
Put | VIXM250919P00015000 | 1 | 15.0 | 0.05 - 4.9 | 0.05 | Out |
Put | VIXM250919P00013000 | 14 | 13.0 | 0.0 - 4.8 | 4.8 | Out |
Put | VIXM250919P00012000 | 13 | 12.0 | 0.0 - 4.8 | 4.8 | Out |
Put | VIXM250919P00011000 | 2 | 11.0 | 0.0 - 4.8 | 4.8 | Out |
Put | VIXM250919P00010000 | 25 | 10.0 | 0.0 - 2.85 | 2.85 | Out |
Put | VIXM250919P00009000 | 10 | 9.0 | 0.0 - 0.05 | 0.05 | Out |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares VIX Mid Term. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of ProShares VIX Mid is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares VIX's value that differs from its market value or its book value, called intrinsic value, which is ProShares VIX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares VIX's market value can be influenced by many factors that don't directly affect ProShares VIX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares VIX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares VIX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares VIX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.