COM251017P00029000 Option on Direxion Auspice Broad

COM Etf  USD 28.21  0.01  0.04%   
COM251017P00029000 is a PUT option contract on Direxion Auspice's common stock with a strick price of 29.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 90 days remaining before the expiration. The option is currently trading at an ask price of $3.8. The implied volatility as of the 19th of July is 90.0.
When exercised, put options on Direxion Auspice produce a short position in Direxion Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Direxion Auspice's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Direxion Auspice Broad will have an average daily up or down price movement of about 0.0173% per day over the life of the option. With Direxion Auspice trading at USD 28.21, that is roughly USD 0.004889. If you think that the market is fully understating Direxion Auspice's daily price movement you should consider buying Direxion Auspice Broad options at that current volatility level of 0.28%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Direxion Auspice

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Direxion Auspice positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Direxion Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameCOM251017P00029000
Expires On2025-10-17
Days Before Expriration90
Vega0.056664
Gamma0.10222
Theoretical Value1.9
Open Interest1
Strike Price29.0
Last Traded At0.65
Current Price Spread0.0 | 3.8
Rule 16 Daily Up or DownUSD 0.004889

Direxion short PUT Option Greeks

Direxion Auspice's Option Greeks for the contract ending on 2025-10-17 at a strike price of 29.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Direxion Auspice's option greeks, its implied volatility helps estimate the risk of Direxion Auspice stock implied by the prices of the options on Direxion Auspice's stock.
Delta-0.535332
Gamma0.10222
Theta-0.006752
Vega0.056664
Rho-0.032715

Direxion long PUT Option Payoff at expiration

Put options written on Direxion Auspice grant holders of the option the right to sell a specified amount of Direxion Auspice at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Direxion Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Direxion Auspice is like buying insurance aginst Direxion Auspice's downside shift.
   Profit   
       Direxion Auspice Price At Expiration  

Direxion short PUT Option Payoff at expiration

By selling Direxion Auspice's put option, the investors signal their bearish sentiment. A short position in a put option written on Direxion Auspice will generally make money when the underlying price is above the strike price. Therefore Direxion Auspice's put payoff at expiration depends on where the Direxion Etf price is relative to the put option strike price. The breakeven price of 27.1 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Direxion Auspice's price. Finally, at the strike price of 29.0, the payoff chart is constant and positive.
   Profit   
       Direxion Auspice Price At Expiration  
View All Direxion Auspice Options

Direxion Auspice Broad Available Put Options

Direxion Auspice's option chain is a display of a range of information that helps investors for ways to trade options on Direxion. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Direxion. It also shows strike prices and maturity days for a Direxion Auspice against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
COM251017P00040000040.09.5 - 14.59.5In
 Put
COM251017P00039000039.08.5 - 13.28.5In
 Put
COM251017P00038000038.07.5 - 12.27.5In
 Put
COM251017P00037000037.06.1 - 11.16.1In
 Put
COM251017P00036000036.05.1 - 10.15.1In
 Put
COM251017P00035000035.04.1 - 9.14.1In
 Put
COM251017P00034000034.03.5 - 8.23.5In
 Put
COM251017P00033000033.02.5 - 7.22.5In
 Put
COM251017P00032000032.01.5 - 6.21.5In
 Put
COM251017P00031000031.00.55 - 5.40.55In
 Put
COM251017P00029000129.00.0 - 3.80.65In
When determining whether Direxion Auspice Broad is a strong investment it is important to analyze Direxion Auspice's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion Auspice's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Direxion Auspice Broad. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Direxion Auspice Broad is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Auspice's value that differs from its market value or its book value, called intrinsic value, which is Direxion Auspice's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Auspice's market value can be influenced by many factors that don't directly affect Direxion Auspice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Auspice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Auspice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Auspice's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.