Proshares Trust II Has More Gas To Increase After Today’s Bullish Options Activity

 Proshares Trust II Has More Gas To Increase After Today's Bullish Options Activity

In today’s session Proshares Trust II (EUO) registered an unusually high (223) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious EUO increase. With 223 contracts traded and 10704 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: EUO161118C00025000 closed last at: $0.5 or 25% up. Proshares Trust II (NYSEARCA:EUO) has risen 1.77% since March 15, 2016 and is uptrending. It has underperformed by 3.72% the S&P500.

More notable recent Proshares Trust II (NYSEARCA:EUO) news were published by: Etfdailynews.com which released: “Two Japan ETFs To Buy Right Now [WisdomTree Japan Hedged Equity Fund …” on March 13, 2015, also Etfdailynews.com with their article: “ProShares Announces ETF Share Splits and Reverse Splits” published on January 13, 2014, Etfdailynews.com published: “ProShares To Reverse Share Split Eight ETFs Monday June 10th” on June 07, 2013. More interesting news about Proshares Trust II (NYSEARCA:EUO) were released by: Businesswire.com and their article: “ProShares Announces Changes to ETF Lineup” published on July 25, 2016 as well as Etfdailynews.com‘s news article titled: “”Fear” Indicator Surges To Record High” with publication date: March 18, 2016.

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