Direxion Daily Stock Options

SPXL Etf  USD 183.66  3.06  1.69%   
Direxion Daily's latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.58 with a put-to-call open interest ratio of 1.26 over 221 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on October 17th 2025. The total put volume is at 222, with calls trading at the volume of 126. This yields a 1.76 put-to-call volume ratio.

Open Interest Against October 17th 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 2025-10-17 Option Contracts

Direxion Daily's 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, 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 SP500 In The Money Call Balance

When Direxion Daily's strike price is surpassing the current stock price, the option contract against Direxion Daily SP500 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 SP500 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 SP500 will have an average daily up or down price movement of about 0.0363% per day over the life of the 2025-10-17 option contract. With Direxion Daily trading at USD 183.66, that is roughly USD 0.0666. If you think that the market is fully incorporating Direxion Daily's daily price movement you should consider buying Direxion Daily SP500 options at the current volatility level of 0.58%. 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 SP500 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 SP500 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
SPXL251017C002650000265.00.0 - 1.21.2Out
Call
SPXL251017C0026000032260.00.0 - 1.550.4Out
Call
SPXL251017C002550008255.00.0 - 1.60.3Out
Call
SPXL251017C0025000012250.00.0 - 1.70.45Out
Call
SPXL251017C002450000245.00.0 - 1.851.85Out
Call
SPXL251017C002400004240.00.0 - 2.750.75Out
Call
SPXL251017C0023500031235.00.0 - 3.11.3Out
Call
SPXL251017C002300006230.01.2 - 1.71.36Out
Call
SPXL251017C0022500010225.01.65 - 1.91.74Out
Call
SPXL251017C0022000019220.02.1 - 2.62.22Out
Call
SPXL251017C002150009215.02.7 - 3.32.92Out
Call
SPXL251017C0021000032210.03.7 - 4.43.1Out
Call
SPXL251017C002050007205.04.9 - 5.36.17Out
Call
SPXL251017C00200000144200.06.4 - 6.86.5Out
Call
SPXL251017C001990002199.06.5 - 8.33.1Out
Call
SPXL251017C001970001197.07.2 - 8.47.2Out
Call
SPXL251017C0019500057195.08.1 - 8.68.52Out
Call
SPXL251017C001940001194.08.6 - 9.09.1Out
Call
SPXL251017C0019300012193.09.1 - 9.510.1Out
Call
SPXL251017C0019200010192.09.4 - 10.24.6Out
Call
SPXL251017C001910001038191.09.8 - 11.09.32Out
Call
SPXL251017C00190000167190.010.0 - 11.39.6Out
Call
SPXL251017C001890004189.010.8 - 11.85.3Out
Call
SPXL251017C0018800088188.011.0 - 12.210.0Out
Call
SPXL251017C0018700012187.011.7 - 12.711.5Out
Call
SPXL251017C0018600075186.010.6 - 12.911.78Out
Call
SPXL251017C00185000141185.013.0 - 13.413.15Out
Call
SPXL251017C0018400010184.013.5 - 14.013.88Out
Call
SPXL251017C0018300031183.014.1 - 14.513.16Out
Call
SPXL251017C0018200020182.014.6 - 16.315.8Out
Call
SPXL251017C0018100019181.015.2 - 17.316.6Out
Call
SPXL251017C00180000197180.015.8 - 16.316.0Out
Call
SPXL251017C0017900083179.016.4 - 18.417.1In
Call
SPXL251017C0017800015178.017.0 - 18.016.6In
Call
SPXL251017C0017700052177.017.3 - 18.516.9In
Call
SPXL251017C001760007176.018.2 - 18.817.1In
Call
SPXL251017C00175000312175.018.9 - 19.319.42In
Call
SPXL251017C0017400033174.019.5 - 21.520.0In
Call
SPXL251017C0017300023173.020.1 - 20.820.58In
Call
SPXL251017C0017200020172.020.5 - 21.716.21In
Call
SPXL251017C0017100036171.021.4 - 23.722.1In
Call
SPXL251017C00170000180170.022.1 - 22.622.1In
Call
SPXL251017C0016900022169.022.7 - 23.521.42In
Call
SPXL251017C0016800021168.023.4 - 24.224.6In
Call
SPXL251017C0016700018167.023.7 - 25.523.4In
Call
SPXL251017C0016600045166.024.6 - 25.825.6In
Call
SPXL251017C0016500092165.025.6 - 26.325.23In
Call
SPXL251017C0016400058164.026.0 - 27.026.1In
Call
SPXL251017C0016300037163.026.8 - 28.127.3In
Call
SPXL251017C0016200016162.027.3 - 28.827.9In
Call
SPXL251017C0016100014161.028.4 - 30.925.2In
Call
SPXL251017C00160000215160.029.0 - 30.230.26In
Call
SPXL251017C001590002159.029.9 - 30.825.2In
Call
SPXL251017C00158000101158.030.3 - 32.026.35In
Call
SPXL251017C00157000104157.031.0 - 32.731.23In
Call
SPXL251017C0015600041156.032.2 - 33.233.7In
Call
SPXL251017C00155000126155.033.1 - 34.034.35In
Call
SPXL251017C0015400020154.034.0 - 34.825.83In
Call
SPXL251017C001530009153.034.1 - 36.135.0In
Call
SPXL251017C0015200027152.034.8 - 36.932.95In
Call
SPXL251017C00151000202151.035.0 - 38.137.1In
Call
SPXL251017C00150000181150.035.7 - 38.737.6In
Call
SPXL251017C001490008149.036.7 - 40.325.0In
Call
SPXL251017C0014800013148.037.4 - 40.727.4In
Call
SPXL251017C001470001147.038.2 - 41.323.85In
Call
SPXL251017C001460004146.039.1 - 43.124.84In
Call
SPXL251017C0014500045145.040.0 - 43.838.57In
Call
SPXL251017C0014400029144.040.9 - 43.932.65In
Call
SPXL251017C0014300016143.041.7 - 44.944.12In
Call
SPXL251017C0014200013142.042.6 - 46.242.3In
Call
SPXL251017C0014100011141.043.4 - 46.645.5In
Call
SPXL251017C00140000114140.044.3 - 48.143.0In
Call
SPXL251017C0013900059139.045.1 - 48.345.1In
Call
SPXL251017C00138000142138.046.0 - 49.836.68In
Call
SPXL251017C00137000106137.046.9 - 50.031.0In
Call
SPXL251017C001360007136.047.7 - 50.825.55In
Call
SPXL251017C00135000104135.048.6 - 52.049.95In
Call
SPXL251017C0013400010134.049.5 - 52.849.5In
Call
SPXL251017C0013300012133.050.3 - 54.050.3In
Call
SPXL251017C001320002132.051.2 - 54.451.2In
Call
SPXL251017C00131000223131.052.1 - 55.352.1In
Call
SPXL251017C0013000067130.053.0 - 56.345.0In
Call
SPXL251017C001290001129.053.9 - 57.753.9In
Call
SPXL251017C001280002128.054.8 - 58.554.8In
Call
SPXL251017C001270002127.055.7 - 59.555.7In
Call
SPXL251017C0012600012126.056.5 - 59.756.5In
Call
SPXL251017C00125000151125.057.4 - 60.652.9In
Call
SPXL251017C001240004124.058.3 - 61.558.3In
Call
SPXL251017C0012300030123.059.2 - 62.957.84In
Call
SPXL251017C0012200033122.060.1 - 63.360.1In
Call
SPXL251017C001210004121.061.0 - 64.261.0In
Call
SPXL251017C0012000069120.061.9 - 65.663.57In
Call
SPXL251017C001190003119.062.9 - 66.562.9In
Call
SPXL251017C001180003118.063.8 - 67.662.47In
Call
SPXL251017C001170009117.064.7 - 68.448.4In
Call
SPXL251017C001160001116.065.6 - 68.943.65In
Call
SPXL251017C0011500045115.066.5 - 70.148.86In
Call
SPXL251017C001130006113.068.3 - 72.067.48In
Call
SPXL251017C001110006111.070.2 - 73.770.2In
Call
SPXL251017C0011000042110.071.1 - 74.955.2In
Call
SPXL251017C0010800010108.072.9 - 76.372.9In
Call
SPXL251017C0010500040105.075.8 - 79.472.95In
Call
SPXL251017C001040001104.076.8 - 80.464.35In
Call
SPXL251017C001030001103.077.6 - 81.477.6In
Call
SPXL251017C001020004102.078.5 - 82.178.5In
Call
SPXL251017C001010002101.079.4 - 83.149.5In
Call
SPXL251017C0010000053100.080.4 - 84.080.4In
Call
SPXL251017C000950001995.085.1 - 88.565.9In
Call
SPXL251017C0009000010490.089.7 - 93.091.84In
Call
SPXL251017C000850004185.094.6 - 98.496.4In
Call
SPXL251017C000800008980.099.4 - 103.2100.63In
Call
SPXL251017C000750002175.0104.2 - 108.0104.2In
Call
SPXL251017C000700003370.0109.1 - 112.990.6In
Call
SPXL251017C000650004665.0114.2 - 117.7115.3In
Call
SPXL251017C00055000255.0123.7 - 127.6123.7In
 Put
SPXL251017P002650000265.083.0 - 86.383.0In
 Put
SPXL251017P0026000023260.077.6 - 81.586.7In
 Put
SPXL251017P002550000255.072.8 - 76.474.91In
 Put
SPXL251017P002500000250.067.5 - 71.467.5In
 Put
SPXL251017P002450000245.062.8 - 66.362.8In
 Put
SPXL251017P002400003240.058.5 - 61.559.5In
 Put
SPXL251017P002350000235.053.0 - 56.653.0In
 Put
SPXL251017P002300000230.048.0 - 51.956.9In
 Put
SPXL251017P002250005225.043.4 - 47.252.44In
 Put
SPXL251017P002200001220.038.9 - 42.843.8In
 Put
SPXL251017P0020000025200.025.0 - 25.724.7In
 Put
SPXL251017P001960009196.021.6 - 23.921.6In
 Put
SPXL251017P001950002195.021.2 - 22.727.79In
 Put
SPXL251017P001900001190.018.3 - 20.821.0In
 Put
SPXL251017P001890001189.017.7 - 20.617.7In
 Put
SPXL251017P001870009187.016.6 - 19.716.6In
 Put
SPXL251017P001860001186.017.0 - 18.817.0In
 Put
SPXL251017P0018500012185.016.6 - 17.619.64In
 Put
SPXL251017P00182000300182.015.3 - 15.815.0In
 Put
SPXL251017P00180000101180.014.5 - 14.914.9Out
 Put
SPXL251017P001780006178.013.7 - 14.415.5Out
 Put
SPXL251017P001770003177.013.1 - 15.115.8Out
 Put
SPXL251017P001760001176.013.0 - 13.513.6Out
 Put
SPXL251017P0017500094175.012.6 - 13.112.85Out
 Put
SPXL251017P001740001174.012.1 - 12.514.25Out
 Put
SPXL251017P001730001173.010.2 - 12.110.2Out
 Put
SPXL251017P0017200012172.011.4 - 11.811.8Out
 Put
SPXL251017P0017100019171.011.0 - 11.513.9Out
 Put
SPXL251017P00170000152170.011.0 - 11.311.19Out
 Put
SPXL251017P001690009169.010.5 - 10.911.64Out
 Put
SPXL251017P001680006168.010.1 - 10.610.61Out
 Put
SPXL251017P001670001167.09.7 - 10.513.96Out
 Put
SPXL251017P001660009166.09.6 - 10.111.0Out
 Put
SPXL251017P0016500099165.09.7 - 9.89.75Out
 Put
SPXL251017P0016400017164.09.0 - 9.613.44Out
 Put
SPXL251017P001630005163.08.6 - 9.38.6Out
 Put
SPXL251017P001620005162.08.4 - 9.110.42Out
 Put
SPXL251017P001610002161.08.5 - 8.98.5Out
 Put
SPXL251017P00160000314160.08.4 - 8.78.67Out
 Put
SPXL251017P001590008159.07.8 - 8.49.3Out
 Put
SPXL251017P0015800023158.07.4 - 10.29.19Out
 Put
SPXL251017P0015700010157.07.3 - 9.49.0Out
 Put
SPXL251017P001560009156.07.4 - 7.98.6Out
 Put
SPXL251017P00155000108155.07.1 - 7.78.27Out
 Put
SPXL251017P001540002154.06.9 - 7.511.0Out
 Put
SPXL251017P001530005153.06.4 - 7.310.01Out
 Put
SPXL251017P001520005152.06.0 - 7.111.59Out
 Put
SPXL251017P0015100036151.06.5 - 7.017.62Out
 Put
SPXL251017P00150000172150.06.5 - 6.86.7Out
 Put
SPXL251017P0014900041149.06.0 - 6.812.8Out
 Put
SPXL251017P001480002148.05.6 - 6.517.0Out
 Put
SPXL251017P001470008147.05.7 - 6.410.26Out
 Put
SPXL251017P0014600012146.05.3 - 6.217.09Out
 Put
SPXL251017P0014500063145.05.5 - 6.06.4Out
 Put
SPXL251017P0014400025144.05.0 - 5.96.4Out
 Put
SPXL251017P001430002143.04.6 - 5.74.6Out
 Put
SPXL251017P001420003142.04.5 - 5.612.8Out
 Put
SPXL251017P00141000111141.05.0 - 5.65.0Out
 Put
SPXL251017P0014000084140.05.0 - 5.35.0Out
 Put
SPXL251017P001390003139.04.4 - 5.29.8Out
 Put
SPXL251017P001380009138.04.2 - 5.25.5Out
 Put
SPXL251017P00137000278137.04.2 - 4.94.2Out
 Put
SPXL251017P00136000275136.04.3 - 4.84.3Out
 Put
SPXL251017P00135000314135.04.2 - 4.74.4Out
 Put
SPXL251017P00134000221134.04.1 - 4.54.3Out
 Put
SPXL251017P00133000400133.03.8 - 6.33.8Out
 Put
SPXL251017P00132000501132.03.2 - 4.48.46Out
 Put
SPXL251017P00131000150131.03.8 - 4.33.8Out
 Put
SPXL251017P00130000459130.03.8 - 4.24.0Out
 Put
SPXL251017P00129000125129.03.5 - 4.13.5Out
 Put
SPXL251017P00128000152128.03.3 - 4.03.3Out
 Put
SPXL251017P0012700015127.02.7 - 3.94.2Out
 Put
SPXL251017P001260002126.03.3 - 3.73.3Out
 Put
SPXL251017P0012500088125.03.3 - 3.73.1Out
 Put
SPXL251017P001240001124.03.0 - 3.67.5Out
 Put
SPXL251017P00123000257123.02.5 - 3.56.94Out
 Put
SPXL251017P00122000411122.02.5 - 3.41.95Out
 Put
SPXL251017P001210005121.02.35 - 3.32.35Out
 Put
SPXL251017P00120000266120.02.6 - 3.23.25Out
 Put
SPXL251017P001190003119.01.3 - 3.15.38Out
 Put
SPXL251017P0011800013118.01.9 - 3.07.2Out
 Put
SPXL251017P001170004117.01.6 - 4.11.6Out
 Put
SPXL251017P0011500020115.01.85 - 2.752.6Out
 Put
SPXL251017P0011300016113.01.9 - 2.63.4Out
 Put
SPXL251017P001120001112.01.95 - 3.91.95Out
 Put
SPXL251017P001110002111.01.75 - 2.41.75Out
 Put
SPXL251017P00110000380110.01.95 - 2.42.4Out
 Put
SPXL251017P001080007108.01.95 - 2.22.4Out
 Put
SPXL251017P0010700010107.01.75 - 2.33.05Out
 Put
SPXL251017P001060001106.01.85 - 2.12.9Out
 Put
SPXL251017P0010500083105.01.8 - 2.051.9Out
 Put
SPXL251017P0010400010104.01.7 - 2.051.7Out
 Put
SPXL251017P001030003103.01.35 - 2.753.25Out
 Put
SPXL251017P001010003101.01.0 - 2.33.7Out
 Put
SPXL251017P00100000107100.00.35 - 2.71.82Out
 Put
SPXL251017P0009500025195.00.1 - 2.51.4Out
 Put
SPXL251017P000900009790.00.0 - 2.31.55Out
 Put
SPXL251017P0008500013785.00.0 - 2.11.04Out
 Put
SPXL251017P0008000019580.00.05 - 1.350.99Out
 Put
SPXL251017P000750003275.00.0 - 1.150.65Out
 Put
SPXL251017P000700007070.00.0 - 1.450.62Out
 Put
SPXL251017P0006500017165.00.25 - 0.850.45Out
 Put
SPXL251017P000600003260.00.0 - 1.550.45Out
 Put
SPXL251017P000550009355.00.0 - 1.50.4Out
 Put
SPXL251017P000500002450.00.0 - 1.450.3Out
 Put
SPXL251017P0004500014445.00.0 - 1.40.2Out

When determining whether Direxion Daily SP500 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Daily SP500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Direxion Daily SP500 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.