Traders Purchase Large Volume of Put Options on ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO)

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) was the recipient of unusually large options trading activity on Monday. Investors bought 14,499 put options on the stock. This represents an increase of 45% compared to the typical daily volume of 9,996 put options.

Institutional Investors Weigh In On ProShares Ultra Bloomberg Crude Oil

Several institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in ProShares Ultra Bloomberg Crude Oil by 48.8% in the 1st quarter. Royal Bank of Canada now owns 1,000 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 328 shares during the period. WT Wealth Management acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil in the 1st quarter valued at about $289,000. Corient Private Wealth LLC acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil in the 4th quarter valued at about $859,000. Quadrature Capital Ltd bought a new stake in shares of ProShares Ultra Bloomberg Crude Oil in the fourth quarter valued at about $334,000. Finally, Headlands Technologies LLC bought a new stake in shares of ProShares Ultra Bloomberg Crude Oil in the fourth quarter valued at about $397,000.

ProShares Ultra Bloomberg Crude Oil News Summary

Here are the key news stories impacting ProShares Ultra Bloomberg Crude Oil this week:

• Positive Sentiment: Potentially tighter U.S. inventories: Analysts expect U.S. crude and gasoline stockpiles to have declined last week. If confirmed, lower inventories could provide near-term support for oil prices and UCO. US crude, gasoline inventories likely fell last week, distillate stocks rose
• Positive Sentiment: Possible OPEC+ supply restraint: Sources say OPEC+ may pause its planned production increases after September, which could limit additional supply and help stabilize crude prices later in 2026. OPEC+ likely to pause oil output hikes after September, sources say
• Neutral Sentiment: Technical support is being tested: WTI has found some buying interest near its 200-day exponential moving average, but analysts warn that continued selling could lead to a deeper decline. Crude Oil Price Analysis – WTI Bounces as Buyers Defend 200-Day EMA
• Negative Sentiment: De-escalation reduced the geopolitical premium: Reports of U.S.-Iran talks and a pause in strikes raised hopes that the Strait of Hormuz could reopen and Middle East energy flows could normalize, pressuring Brent and WTI. Oil prices fall 1% as investors weigh pause in US strikes on Iran
• Negative Sentiment: Crude’s technical momentum remains weak: WTI is testing new lows after pulling back sharply from resistance, increasing the risk of further losses. Crude Oil Price Forecast: Key Support Zone Comes into Focus
• Negative Sentiment: Options positioning turned defensive: Traders bought 14,499 UCO put options, 45% above typical volume, signaling increased demand for downside protection. UCO’s leveraged structure also increases its sensitivity to continued oil volatility.

ProShares Ultra Bloomberg Crude Oil Stock Down 5.7%

Shares of UCO opened at $37.53 on Wednesday. ProShares Ultra Bloomberg Crude Oil has a twelve month low of $18.12 and a twelve month high of $52.94. The firm’s 50 day moving average price is $40.14 and its two-hundred day moving average price is $35.98.

ProShares Ultra Bloomberg Crude Oil Company Profile

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.