ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO – Get Free Report) was the target of some unusual options trading on Monday. Stock traders purchased 7,836 call options on the stock. This is an increase of 75% compared to the average volume of 4,489 call options.
Institutional Investors Weigh In On ProShares Ultra Bloomberg Crude Oil
Several large investors have recently bought and sold shares of the business. Quantum Financial Advisors LLC purchased a new stake in ProShares Ultra Bloomberg Crude Oil in the second quarter worth about $480,000. Jump Financial LLC lifted its position in shares of ProShares Ultra Bloomberg Crude Oil by 13.2% during the 1st quarter. Jump Financial LLC now owns 34,346 shares of the exchange traded fund’s stock valued at $929,000 after buying an additional 4,001 shares in the last quarter. Flow Traders U.S. LLC grew its stake in shares of ProShares Ultra Bloomberg Crude Oil by 202.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 32,267 shares of the exchange traded fund’s stock valued at $723,000 after acquiring an additional 21,609 shares during the period. Connective Capital Management LLC purchased a new stake in ProShares Ultra Bloomberg Crude Oil in the 3rd quarter worth approximately $159,000. Finally, JPMorgan Chase & Co. purchased a new stake in ProShares Ultra Bloomberg Crude Oil in the 3rd quarter worth approximately $191,000.
Key Stores Impacting ProShares Ultra Bloomberg Crude Oil
Here are the key news stories impacting ProShares Ultra Bloomberg Crude Oil this week:
- Positive Sentiment: U.S. decision to retain seized tankers and crude near Venezuela increases near‑term supply uncertainty, lifting oil prices and benefiting leveraged long crude products like UCO. Trump says U.S. will keep the crude oil and tankers seized near Venezuela
- Positive Sentiment: Market reports that U.S. interceptions and pursuit of Venezuelan tankers have pushed WTI higher as traders price in potential export disruptions — a direct tailwind for UCO’s short‑term performance. Oil prices gain on US interception of Venezuelan oil tanker over weekend
- Positive Sentiment: Analysts and market commentary note crude futures jumped on supply‑risk headlines tied to Venezuela, helping fuel short‑covering and momentum into leveraged crude ETFs. Oil News: Crude Oil Futures Jump on Supply Risk as Venezuela Tensions Push WTI Higher
- Positive Sentiment: Benzinga and broader equity moves show crude and energy‑linked assets rising amid the headlines, reinforcing intraday demand for exposure to oil gains. Crude Oil Jumps 2%; Chicago Fed National Activity Index Improves Slightly in September
- Positive Sentiment: Unusual options activity: strong retail/institutional buying of calls in UCO (roughly a 75% jump vs. typical daily call volume) points to trader conviction in a continued near‑term rally for the leveraged fund.
- Neutral Sentiment: Barron’s notes the Venezuela “armada” is lifting oil prices but warns any supply shock may be sharp and short‑lived; that suggests momentum could fade if fundamentals reassert themselves. Trump’s Venezuela ‘Armada’ Is Lifting Oil Prices. How Investors Can Play the Chaos.
- Neutral Sentiment: Macro/technical commentary indicates geopolitical headlines are currently dominating price action, but fundamental headwinds (demand softness, inventories) remain a counterbalance. Natural Gas and Oil Forecast: Geopolitical Risk Shifts Energy Bias Back Higher
- Negative Sentiment: Analysts also cite an underlying bearish outlook driven by inventory overhang and weak demand signals; if those fundamentals reassert, leveraged long products like UCO can reverse quickly. Oil News: Bearish Oil Outlook Builds with Inventory Overhang and Weak Demand Signals
ProShares Ultra Bloomberg Crude Oil Trading Up 4.3%
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.
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