Options with decreasing implied volatility

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PROSHARES ULTRA VIX SHORT-TERM FUTURES ETF (NYSE: UVXY) Delayed: 25.77 -2.96 (10.3%)
Previous Close $28.73    52 Week High $61.92 
Open $26.65    52 Week Low $5.96 
Day High $26.79    P/E N/A 
Day Low $25.70    EPS $0.00 
Volume 6,343,392