Direxion Daily Stock Options

JNUG Etf  USD 82.10  2.64  3.12%   
Direxion Daily's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.87 with a put-to-call open interest ratio of 0.31 over 100 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on September 19th 2025. The total put volume is at 7.0, with calls trading at the volume of 26.0. This yields a 0.27 put-to-call volume ratio.

Open Interest Against September 19th 2025 Option Contracts

The chart above shows Direxion Daily's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Direxion Daily's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Direxion Daily's option, there is no secondary market available for investors to trade.

Direxion Daily Maximum Pain Price Across 2025-09-19 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Direxion Daily close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Direxion Daily's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Direxion Daily

Analyzing Direxion Daily's in-the-money options over time can help investors to take a profitable long position in Direxion Daily regardless of its overall volatility. This is especially true when Direxion Daily's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Direxion Daily's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Direxion Daily's stock while costing only a fraction of its price.

Direxion Daily Junior In The Money Call Balance

When Direxion Daily's strike price is surpassing the current stock price, the option contract against Direxion Daily Junior stock is said to be in the money. When it comes to buying Direxion Daily's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Direxion Daily Junior are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Direxion Current Options Market Mood

Direxion Daily's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Direxion Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Direxion Daily's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Direxion Daily's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Direxion contract

Base on the Rule 16, the options market is currently suggesting that Direxion Daily Junior will have an average daily up or down price movement of about 0.0544% per day over the life of the 2025-09-19 option contract. With Direxion Daily trading at USD 82.1, that is roughly USD 0.0446. If you think that the market is fully incorporating Direxion Daily's daily price movement you should consider buying Direxion Daily Junior options at the current volatility level of 0.87%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Direxion Daily options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Direxion calls. Remember, the seller must deliver Direxion Daily Junior stock to the call owner when a call is exercised.

Direxion Daily Option Chain

When Direxion Daily's strike price is surpassing the current stock price, the option contract against Direxion Daily Junior stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
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
JNUG250919C001250002125.00.55 - 2.31.9Out
Call
JNUG250919C0012000020120.01.3 - 2.54.2Out
Call
JNUG250919C0011900053119.00.9 - 2.552.15Out
Call
JNUG250919C001150008115.01.8 - 2.752.7Out
Call
JNUG250919C0011000012110.01.55 - 4.65.6Out
Call
JNUG250919C0010500034105.02.9 - 4.14.01Out
Call
JNUG250919C0010000019100.03.8 - 4.13.95Out
Call
JNUG250919C00099000099.03.8 - 4.93.8Out
Call
JNUG250919C00098000498.02.75 - 6.44.81Out
Call
JNUG250919C00097000197.03.2 - 5.94.3Out
Call
JNUG250919C00096000296.04.5 - 5.55.8Out
Call
JNUG250919C000950002195.03.7 - 6.84.75Out
Call
JNUG250919C00094000194.04.8 - 6.98.13Out
Call
JNUG250919C000910001391.05.7 - 6.56.0Out
Call
JNUG250919C0009000014690.06.0 - 6.96.4Out
Call
JNUG250919C000870002287.07.1 - 7.77.28Out
Call
JNUG250919C00086000986.07.4 - 8.38.2Out
Call
JNUG250919C000850007585.07.5 - 8.78.95Out
Call
JNUG250919C000840002884.07.4 - 9.18.4Out
Call
JNUG250919C00083000783.08.4 - 9.710.75Out
Call
JNUG250919C000820001882.07.3 - 10.610.0Out
Call
JNUG250919C00081000681.09.1 - 10.57.14In
Call
JNUG250919C000800007880.09.4 - 11.110.0In
Call
JNUG250919C000790003079.010.1 - 11.310.0In
Call
JNUG250919C000780001778.010.4 - 12.010.2In
Call
JNUG250919C00077000777.09.8 - 13.17.5In
Call
JNUG250919C000760001676.010.4 - 13.611.12In
Call
JNUG250919C000750004775.012.1 - 13.715.5In
Call
JNUG250919C00073000173.012.1 - 15.411.0In
Call
JNUG250919C00072000572.012.8 - 16.014.9In
Call
JNUG250919C0007000015570.014.1 - 17.318.19In
Call
JNUG250919C000690003169.015.1 - 18.011.7In
Call
JNUG250919C0006500014065.018.3 - 20.818.95In
Call
JNUG250919C00064000664.018.4 - 21.617.1In
Call
JNUG250919C000620001662.019.9 - 23.827.1In
Call
JNUG250919C00061000361.020.7 - 24.622.42In
Call
JNUG250919C0006000036460.021.4 - 25.421.9In
Call
JNUG250919C000550003355.025.8 - 28.829.55In
Call
JNUG250919C00054000154.026.7 - 30.731.4In
Call
JNUG250919C000530001153.027.7 - 30.836.51In
Call
JNUG250919C00052000952.028.6 - 32.532.28In
Call
JNUG250919C00051000351.029.4 - 33.629.4In
Call
JNUG250919C0005000015450.030.4 - 34.430.35In
Call
JNUG250919C00049000149.031.3 - 35.431.3In
Call
JNUG250919C00048000748.032.3 - 36.337.52In
Call
JNUG250919C00046000246.034.2 - 38.230.16In
Call
JNUG250919C000450002045.035.2 - 39.232.41In
Call
JNUG250919C00044000244.036.2 - 40.236.2In
Call
JNUG250919C00043000143.037.1 - 41.134.37In
Call
JNUG250919C00040000740.040.0 - 44.137.42In
Call
JNUG250919C00037000537.043.0 - 47.043.0In
Call
JNUG250919C00035000235.045.1 - 49.045.1In
 Put
JNUG250919P001250000125.042.0 - 45.942.0In
 Put
JNUG250919P001200000120.038.1 - 41.238.1In
 Put
JNUG250919P001190001119.037.1 - 40.340.9In
 Put
JNUG250919P001150000115.033.5 - 36.633.5In
 Put
JNUG250919P001100000110.028.8 - 32.228.8In
 Put
JNUG250919P001050000105.025.0 - 26.525.0In
 Put
JNUG250919P001000002100.021.0 - 22.426.1In
 Put
JNUG250919P00099000099.020.5 - 22.220.5In
 Put
JNUG250919P00098000098.018.8 - 21.818.8In
 Put
JNUG250919P00097000097.018.5 - 21.418.5In
 Put
JNUG250919P000920003092.015.3 - 16.519.2In
 Put
JNUG250919P000910001091.014.2 - 15.517.7In
 Put
JNUG250919P000860001186.011.2 - 11.914.7In
 Put
JNUG250919P00084000184.09.8 - 11.010.46In
 Put
JNUG250919P00083000283.09.1 - 11.49.8In
 Put
JNUG250919P00082000182.08.6 - 11.39.0Out
 Put
JNUG250919P00080000380.07.6 - 8.48.25Out
 Put
JNUG250919P00079000179.07.1 - 8.68.3Out
 Put
JNUG250919P00078000578.06.9 - 7.37.45Out
 Put
JNUG250919P000770001577.06.3 - 7.07.2Out
 Put
JNUG250919P00075000675.04.7 - 7.29.5Out
 Put
JNUG250919P000720001072.03.9 - 6.36.9Out
 Put
JNUG250919P00071000371.02.75 - 6.45.18Out
 Put
JNUG250919P000700004170.03.3 - 4.43.3Out
 Put
JNUG250919P000690001069.02.05 - 5.55.5Out
 Put
JNUG250919P000680001868.02.15 - 5.24.21Out
 Put
JNUG250919P000650002065.02.1 - 2.652.2Out
 Put
JNUG250919P00063000263.00.55 - 3.73.0Out
 Put
JNUG250919P000620001362.00.45 - 3.82.95Out
 Put
JNUG250919P00061000161.01.2 - 1.953.3Out
 Put
JNUG250919P000600005360.01.2 - 1.81.5Out
 Put
JNUG250919P00059000159.00.85 - 2.02.32Out
 Put
JNUG250919P000550003355.00.55 - 1.61.6Out
 Put
JNUG250919P000530005053.00.0 - 2.70.55Out
 Put
JNUG250919P00052000152.00.0 - 2.652.65Out
 Put
JNUG250919P00051000151.00.0 - 2.251.2Out
 Put
JNUG250919P000500009550.00.0 - 0.550.37Out
 Put
JNUG250919P00049000249.00.05 - 2.050.05Out
 Put
JNUG250919P00048000148.00.0 - 2.20.6Out
 Put
JNUG250919P00045000245.00.0 - 2.12.1Out
 Put
JNUG250919P00043000243.00.0 - 2.30.4Out
 Put
JNUG250919P000400003840.00.05 - 2.250.4Out
 Put
JNUG250919P000380001838.00.0 - 2.22.2Out
 Put
JNUG250919P00037000137.00.0 - 2.22.2Out
 Put
JNUG250919P00034000234.00.0 - 2.22.2Out
 Put
JNUG250919P00032000232.00.0 - 2.152.15Out
 Put
JNUG250919P00030000830.00.0 - 0.350.35Out
 Put
JNUG250919P00025000125.00.0 - 2.152.15Out

When determining whether Direxion Daily Junior 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 Junior. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Direxion Daily Junior 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.