Options Brief: The Proshares Ultrapro S&P 500 ETF (UPRO)

Shares of The Proshares Ultrapro S&P 500 ETF

are higher on the session by 1.95%, trading at $76.00. Overall put volume is now running at 3.59x the daily average, with 48% of all puts traded being purchases on the offer. 2,582 contracts have traded on the session so far. The Proshares Ultrapro S&P 500 ETF seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the S&P 500 Index.