ProShares Ultra Bloomberg Crude Oil Sees Unusually High Options Volume (NYSEARCA:UCO)

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) saw some unusual options trading activity on Wednesday. Investors bought 10,566 call options on the stock. This represents an increase of approximately 130% compared to the typical volume of 4,589 call options.

Institutional Trading of ProShares Ultra Bloomberg Crude Oil

Institutional investors and hedge funds have recently modified their holdings of the business. Spire Wealth Management lifted its holdings in ProShares Ultra Bloomberg Crude Oil by 15.5% during the third quarter. Spire Wealth Management now owns 6,702 shares of the exchange traded fund’s stock worth $151,000 after acquiring an additional 900 shares during the period. Luminist Capital LLC purchased a new stake in shares of ProShares Ultra Bloomberg Crude Oil during the 2nd quarter valued at $30,000. Corsicana & Co. purchased a new position in shares of ProShares Ultra Bloomberg Crude Oil in the 3rd quarter worth about $45,000. Two Sigma Securities LLC boosted its holdings in shares of ProShares Ultra Bloomberg Crude Oil by 25.8% in the 2nd quarter. Two Sigma Securities LLC now owns 13,583 shares of the exchange traded fund’s stock worth $304,000 after buying an additional 2,785 shares during the last quarter. Finally, Connective Capital Management LLC bought a new position in ProShares Ultra Bloomberg Crude Oil during the third quarter valued at about $159,000.

More ProShares Ultra Bloomberg Crude Oil News

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

• Positive Sentiment: U.S. forces have been actively pursuing and moving to seize Venezuela‑linked oil tankers, removing some cargoes from global seaborne supply in the near term. Exclusive: US seizing Venezuela-linked oil tanker after weeks-long pursuit
• Positive Sentiment: U.S. crude inventories showed a larger-than-expected draw, supporting near-term prices and momentum for crude-linked instruments. U.S. Crude Oil Stockpiles Fall More Than Expected
• Positive Sentiment: Unusually large call-option buying in UCO shows elevated bullish positioning by traders, which can amplify intraday upside. (Options flow reported for UCO on Jan. 7)
• Positive Sentiment: Technical signals show a short‑term bullish reversal in crude that is testing resistance levels, likely attracting momentum traders into leveraged products like UCO. Crude Oil Price Forecast: Reversal Signals Challenge Key Resistance
• Neutral Sentiment: Panama said it canceled the flag of a U.S.-seized tanker last year—an administrative move that may affect vessel registry status but has limited immediate market impact. Panama says it canceled flag of US-seized oil tanker a year ago
• Neutral Sentiment: Norway signalled output will decline toward 2030—a longer‑term supply factor that could support prices over time but is not driving today’s move. Norway’s oil and gas output will fall towards 2030, regulator says
• Negative Sentiment: Major traders (Vitol, Trafigura) and commodity groups are in talks with U.S. authorities and some have received preliminary licenses to negotiate Venezuelan oil imports—reintroducing barrels would increase supply and cap upside. Vitol gets preliminary US license to begin negotiations on Venezuelan oil imports and exports
• Negative Sentiment: Administration moves to market Venezuelan oil and reports of plans to import tens of millions of barrels (and hold proceeds in U.S. accounts) have prompted oversupply concerns that pressured prices in other sessions. Money from sale of Venezuelan oil to be held in US-controlled bank accounts, Energy Dept says
• Negative Sentiment: Investigations and reporting on a “shadow fleet” of older tankers moving illicit oil (Russia/Iran/Venezuela) suggest extra seaborne supply channels that can weigh on prices if enforcement and seizures don’t fully stop flows. A Shadow Fleet Smuggles Illicit Oil Across the High Seas. This Is How It Works.

ProShares Ultra Bloomberg Crude Oil Stock Performance

ProShares Ultra Bloomberg Crude Oil stock opened at $20.03 on Friday. ProShares Ultra Bloomberg Crude Oil has a fifty-two week low of $17.78 and a fifty-two week high of $31.64. The firm’s 50-day simple moving average is $20.10 and its 200 day simple moving average is $21.90.

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.