ISPY Stock Summary and Trading Ideas (ProShares S&P 500 High Income ETF | BATS:ISPY)

ProShares S&P 500 High Income ETF (the "Fund") seeks investment results, before fees and expenses, that track the performance of the S&P 500 Daily Covered Call Index (the "Index"). The S&P 500 Daily Covered Call index consists of a long position in the S&P 500 Total Return Index and a short position in a one-day, out-of-the-money S&P 500 Index call option. The option is sold daily and the strike of the option is chosen as a function of S&P 500 Index and Cboe VIX Index levels. The index aims to reflect higher income generation and have lower timing risk by using daily options as opposed to monthly options.

ProShares S&P 500 High Income ETF trades on the BATS stock market under the symbol ISPY.

As of February 28, 2025, ISPY stock price climbed to $44.42 with 177,447 million shares trading.

ISPY has a market cap of $690.17 million. This is considered a Small Cap stock.

ISPY has underperformed the market in the last year with a return of +17.1%, while the SPY ETF gained +18.8%. In the last 3 month period, ISPY fell short of the market, returning -0.9%, while SPY returned -0.4%. However, in the most recent 2 weeks ISPY has outperformed the stock market by returning -2.5%, while SPY returned -2.5%.

ISPY support price is $43.40 and resistance is $44.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ISPY shares will trade within this expected range on the day.