TECS251017C00125000 Option on Direxion Daily Technology

TECS Etf  USD 24.26  0.32  1.30%   
TECS251017C00125000 is a PUT option contract on Direxion Daily's common stock with a strick price of 125.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 88 days remaining before the expiration. The option is currently trading at an ask price of $0.5. The implied volatility as of the 21st of July is 88.0.
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 Technology will have an average daily up or down price movement of about 0.0963% per day over the life of the option. With Direxion Daily trading at USD 24.26, that is roughly USD 0.0234. If you think that the market is fully understating Direxion Daily's daily price movement you should consider buying Direxion Daily Technology options at that current volatility level of 1.54%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Direxion Daily

An 'Out of The Money' option on Direxion has a strike price that Direxion Etf has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Direxion Daily's 'Out of The Money' options include buying the options if you expect a big move in Direxion Daily's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameTECS251017C00125000
Expires On2025-10-17
Days Before Expriration88
Delta0.041976
Vega0.010939
Gamma0.00476
Theoretical Value0.25
Open Interest18
Strike Price125.0
Last Traded At1.85
Current Price Spread0.0 | 0.5
Rule 16 Daily Up or DownUSD 0.0234

Direxion short PUT Option Greeks

Direxion Daily's Option Greeks for the contract ending on 2025-10-17 at a strike price of 125.0 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.
Delta0.041976
Gamma0.00476
Theta-0.00946
Vega0.010939
Rho0.001928

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 125.25 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 125.0, the payoff chart is constant and positive.
   Profit   
       Direxion Daily Price At Expiration  
View All Direxion Daily Options

Direxion Daily Technology 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
TECS251017C001500003150.00.0 - 0.51.3Out
Call
TECS251017C001450000145.00.0 - 1.151.15Out
Call
TECS251017C001400000140.00.0 - 1.151.15Out
Call
TECS251017C001350000135.00.0 - 1.151.15Out
Call
TECS251017C001300000130.00.0 - 1.151.15Out
Call
TECS251017C001290000129.00.0 - 1.151.15Out
Call
TECS251017C001280000128.00.0 - 1.151.15Out
Call
TECS251017C001270000127.00.0 - 1.151.15Out
Call
TECS251017C001260000126.00.0 - 1.151.15Out
Call
TECS251017C0012500018125.00.0 - 0.51.85Out
Call
TECS251017C000850001485.00.0 - 1.151.15Out
Call
TECS251017C00081000481.00.0 - 1.151.15Out
Call
TECS251017C00079000679.00.0 - 1.151.15Out
Call
TECS251017C00074000174.00.0 - 2.052.65Out
Call
TECS251017C00073000173.00.0 - 1.02.7Out
Call
TECS251017C00065000165.00.0 - 1.01.0Out
Call
TECS251017C00062000362.00.0 - 1.151.27Out
Call
TECS251017C00060000460.00.0 - 1.151.15Out
Call
TECS251017C00059000159.00.0 - 1.151.15Out
Call
TECS251017C00057000657.00.0 - 2.652.65Out
Call
TECS251017C00051000151.00.0 - 2.32.3Out
Call
TECS251017C00050000250.00.0 - 0.750.75Out
Call
TECS251017C00047000247.00.0 - 2.82.8Out
Call
TECS251017C00046000146.00.0 - 2.351.15Out
Call
TECS251017C00045000345.00.0 - 2.11.12Out
Call
TECS251017C00043000143.00.0 - 2.252.25Out
Call
TECS251017C0004000014340.00.0 - 2.21.3Out
Call
TECS251017C00036000336.00.0 - 2.551.37Out
Call
TECS251017C00035000735.00.0 - 2.86.3Out
Call
TECS251017C00034000234.00.0 - 3.43.4Out
Call
TECS251017C00033000233.01.15 - 1.558.6Out
Call
TECS251017C000320004132.01.35 - 1.651.45Out
Call
TECS251017C00031000131.01.3 - 1.84.68Out
Call
TECS251017C000300007030.01.4 - 1.953.0Out
Call
TECS251017C00023000223.02.95 - 3.85.5In
When determining whether Direxion Daily Technology 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 Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Direxion Daily Technology 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.