Options Brief: The ProShares Ultrashort Financials ETF

Shares of The ProShares Ultrashort Financials ETF (NYSE:

) are higher on the session by 0.49%, trading at $63.06. Overall call volume is now running at 2.36x the daily average, with 17% of all calls traded being purchases on the offer. 1,215 contracts have traded on the session so far. The ProShares Ultrashort Financials ETF seeks daily investment results before fees and expenses which correspond to twice the inverse (opposite) of the daily performance of the Dow Jones U S FinancialsSM Index.