GGLL251017C00016000 Option on Direxion Daily GOOGL

GGLL Etf  USD 40.61  2.61  6.87%   
GGLL251017C00016000 is a PUT option contract on Direxion Daily's common stock with a strick price of 16.0 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 $24.0, and an ask price of $24.5. 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 GOOGL will have an average daily up or down price movement of about 0.0678% per day over the life of the option. With Direxion Daily trading at USD 40.61, that is roughly USD 0.0275. If you think that the market is fully understating Direxion Daily's daily price movement you should consider buying Direxion Daily GOOGL options at that current volatility level of 1.08%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call 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.
Call Contract NameGGLL251017C00016000
Expires On2025-10-17
Days Before Expriration87
Delta0.97794
Vega0.010365
Gamma0.002463
Theoretical Value24.5
Open Interest7
Strike Price16.0
Last Traded At17.3
Current Price Spread24.0 | 24.5
Rule 16 Daily Up or DownUSD 0.0275

Direxion short PUT Option Greeks

Direxion Daily's Option Greeks for the contract ending on 2025-10-17 at a strike price of 16.0 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.
Delta0.97794
Gamma0.002463
Theta-0.00814
Vega0.010365
Rho0.035525

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 40.5 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 16.0, the payoff chart is constant and positive.
   Profit   
       Direxion Daily Price At Expiration  
View All Direxion Daily Options

Direxion Daily GOOGL Available Call 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
Call
GGLL251017C000510002451.01.35 - 1.51.45Out
Call
GGLL251017C0005000022750.00.65 - 1.71.59Out
Call
GGLL251017C000490001949.01.7 - 1.91.76Out
Call
GGLL251017C000480001348.01.85 - 2.11.15Out
Call
GGLL251017C000470001547.02.15 - 2.352.17Out
Call
GGLL251017C000460003846.02.45 - 2.62.37Out
Call
GGLL251017C000450007745.02.7 - 2.92.72Out
Call
GGLL251017C0004400014744.03.0 - 3.23.1Out
Call
GGLL251017C000430002743.03.3 - 3.63.3Out
Call
GGLL251017C0004200021542.03.7 - 4.03.9Out
Call
GGLL251017C000410005341.04.0 - 4.43.35Out
Call
GGLL251017C0004000030040.04.5 - 4.84.7Out
Call
GGLL251017C000390006739.05.1 - 5.45.0In
Call
GGLL251017C000380003438.05.6 - 6.35.4In
Call
GGLL251017C0003700023137.06.2 - 6.46.3In
Call
GGLL251017C0003600030336.06.8 - 7.06.7In
Call
GGLL251017C0003500017035.07.4 - 7.77.2In
Call
GGLL251017C000340007334.08.1 - 8.77.54In
Call
GGLL251017C000330004033.08.8 - 9.07.22In
Call
GGLL251017C000320008732.09.5 - 9.89.2In
Call
GGLL251017C0003100011231.010.3 - 11.410.2In
Call
GGLL251017C00030000194830.011.0 - 11.311.1In
Call
GGLL251017C000290004529.011.9 - 12.29.0In
Call
GGLL251017C0002800013028.011.7 - 13.010.1In
Call
GGLL251017C000270002127.013.5 - 14.08.8In
Call
GGLL251017C000260002926.014.4 - 14.912.05In
Call
GGLL251017C000250007325.015.2 - 15.813.45In
Call
GGLL251017C000240001724.016.1 - 16.714.1In
Call
GGLL251017C00023000923.017.0 - 17.616.63In
Call
GGLL251017C000220005022.018.2 - 18.515.6In
Call
GGLL251017C00021000521.019.1 - 19.814.2In
Call
GGLL251017C000200002720.020.0 - 21.117.5In
Call
GGLL251017C00019000419.021.0 - 21.421.0In
Call
GGLL251017C000180004618.022.0 - 22.420.1In
Call
GGLL251017C00017000117.023.0 - 23.423.0In
Call
GGLL251017C00016000716.024.0 - 24.517.3In
Call
GGLL251017C00015000215.024.6 - 25.418.6In
Call
GGLL251017C000140001214.025.9 - 26.420.7In
When determining whether Direxion Daily GOOGL is a strong investment it is important to analyze Direxion Daily'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 Daily's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily GOOGL. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Direxion Daily GOOGL 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.