FAS251017P00176000 Option on Direxion Daily Financial

FAS Etf  USD 170.06  0.00  0.00%   
FAS251017P00176000 is a PUT option contract on Direxion Daily's common stock with a strick price of 176.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $19.0, and an ask price of $19.9. The implied volatility as of the 22nd of July is 87.0.
When exercised, put options on Direxion Daily 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 Daily's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Direxion Daily Financial will have an average daily up or down price movement of about 0.0292% per day over the life of the option. With Direxion Daily trading at USD 170.06, that is roughly USD 0.0497. If you think that the market is fully understating Direxion Daily's daily price movement you should consider buying Direxion Daily Financial options at that current volatility level of 0.47%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Direxion Daily

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 Daily 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 NameFAS251017P00176000
Expires On2025-10-17
Days Before Expriration87
Vega0.326035
Gamma0.010458
Theoretical Value19.45
Open Interest9
Strike Price176.0
Last Traded At17.4
Current Price Spread19.0 | 19.9
Rule 16 Daily Up or DownUSD 0.0497

Direxion short PUT Option Greeks

Direxion Daily's Option Greeks for the contract ending on 2025-10-17 at a strike price of 176.0 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 Daily's option greeks, its implied volatility helps estimate the risk of Direxion Daily stock implied by the prices of the options on Direxion Daily's stock.
Delta-0.529643
Gamma0.010458
Theta-0.077911
Vega0.326035
Rho-0.20526

Direxion long PUT Option Payoff at expiration

Put options written on Direxion Daily grant holders of the option the right to sell a specified amount of Direxion Daily 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 Daily is like buying insurance aginst Direxion Daily's downside shift.
   Profit   
       Direxion Daily Price At Expiration  

Direxion short PUT Option Payoff at expiration

By selling Direxion Daily's put option, the investors signal their bearish sentiment. A short position in a put option written on Direxion Daily will generally make money when the underlying price is above the strike price. Therefore Direxion Daily's put payoff at expiration depends on where the Direxion Etf price is relative to the put option strike price. The breakeven price of 156.55 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 Daily's price. Finally, at the strike price of 176.0, the payoff chart is constant and positive.
   Profit   
       Direxion Daily Price At Expiration  
View All Direxion Daily Options

Direxion Daily Financial Available Put Options

Direxion Daily'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 Daily 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
FAS251017P002600000260.091.2 - 94.091.2In
 Put
FAS251017P002550000255.086.2 - 88.986.2In
 Put
FAS251017P002500000250.081.2 - 84.081.2In
 Put
FAS251017P002450000245.076.1 - 79.076.1In
 Put
FAS251017P002400000240.071.1 - 74.071.1In
 Put
FAS251017P002350000235.065.7 - 69.065.7In
 Put
FAS251017P002300000230.061.3 - 64.161.3In
 Put
FAS251017P002250000225.056.0 - 59.456.0In
 Put
FAS251017P002200000220.051.6 - 54.751.6In
 Put
FAS251017P0021500020215.047.7 - 48.947.4In
 Put
FAS251017P002100001210.042.4 - 45.142.4In
 Put
FAS251017P002050001205.038.3 - 40.840.78In
 Put
FAS251017P002000001200.034.1 - 36.536.76In
 Put
FAS251017P001920001192.028.0 - 30.928.0In
 Put
FAS251017P0018500011185.023.4 - 25.324.45In
 Put
FAS251017P001830001183.022.2 - 24.322.2In
 Put
FAS251017P001800005180.021.0 - 22.123.3In
 Put
FAS251017P001760009176.019.0 - 19.917.4In
 Put
FAS251017P0017500023175.018.3 - 19.419.53In
 Put
FAS251017P001730002173.016.8 - 19.217.65In
 Put
FAS251017P001720003172.016.2 - 18.428.0In
 Put
FAS251017P001710002171.016.1 - 18.016.1In
 Put
FAS251017P0017000035170.016.1 - 17.119.6In
 Put
FAS251017P0016500058165.014.0 - 15.013.85Out
 Put
FAS251017P00160000189160.012.1 - 12.512.1Out
 Put
FAS251017P00155000128155.010.4 - 11.413.5Out
 Put
FAS251017P0015000049150.08.7 - 9.89.2Out
 Put
FAS251017P0014500063145.07.5 - 8.78.0Out
 Put
FAS251017P00140000207140.06.7 - 7.36.0Out
 Put
FAS251017P0013500041135.05.8 - 6.46.0Out
 Put
FAS251017P0013000096130.04.7 - 5.96.0Out
 Put
FAS251017P0012500039125.04.1 - 5.25.2Out
 Put
FAS251017P0012000048120.03.7 - 4.24.0Out
 Put
FAS251017P0011500031115.03.2 - 3.73.37Out
 Put
FAS251017P0011000080110.02.45 - 3.53.4Out
 Put
FAS251017P00105000115105.02.1 - 2.952.8Out
 Put
FAS251017P00100000180100.01.7 - 2.52.59Out
 Put
FAS251017P000950002195.01.45 - 1.92.08Out
 Put
FAS251017P000900006690.01.0 - 2.151.47Out
 Put
FAS251017P00085000785.00.1 - 2.71.38Out
 Put
FAS251017P0008000031980.00.0 - 1.551.0Out
 Put
FAS251017P000750006275.00.1 - 2.151.12Out
 Put
FAS251017P000700002370.00.0 - 2.250.95Out
 Put
FAS251017P00065000265.00.0 - 1.950.82Out
 Put
FAS251017P000600003560.00.0 - 2.00.6Out
 Put
FAS251017P000550001255.00.0 - 1.750.6Out
 Put
FAS251017P000500001250.00.05 - 0.60.25Out
When determining whether Direxion Daily Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Daily's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Daily Financial Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Financial Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direxion Daily Financial. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Direxion Daily Financial 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily'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 Daily's market value can be influenced by many factors that don't directly affect Direxion Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily'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.