Direxion Daily Stock Options Expiring on 15th of November

CURE Etf  USD 113.99  2.00  1.79%   
Direxion Daily's latest option contracts expiring on 2024-11-15 are carrying combined implied volatility of 31.49 with a put-to-call open interest ratio of 1.23 over 120 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-11-15. The Direxion Daily option chain provides detailed quote and price information for the current Direxion Daily Healthcare option contracts. It shows all of Direxion Daily's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-11-15 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 2024-11-15 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. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. 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, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Direxion Daily's stock options are financial instruments that give investors the right to buy or sell shares of Direxion Daily Healthcare common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Direxion stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Direxion Daily's stock price goes up or down, the stock options follow.

Direxion Daily Healthcare In The Money Call Balance

When Direxion Daily's strike price is surpassing the current stock price, the option contract against Direxion Daily Healthcare 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 Healthcare 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. Using current Direxion Daily's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Direxion contract

Base on the Rule 16, the options market is currently suggesting that Direxion Daily Healthcare will have an average daily up or down price movement of about 1.97% per day over the life of the 2024-11-15 option contract. With Direxion Daily trading at USD 113.99, that is roughly USD 2.24. If you think that the market is fully incorporating Direxion Daily's daily price movement you should consider buying Direxion Daily Healthcare options at the current volatility level of 31.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  

Direxion Daily Option Chain

When Direxion Daily's strike price is surpassing the current stock price, the option contract against Direxion Daily Healthcare 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-11-15 CALL at $55.00.96580.001402024-11-1557.7 - 61.20.0In
Call
2024-11-15 CALL at $60.00.95720.001802024-11-1552.9 - 56.50.0In
Call
2024-11-15 CALL at $65.00.93210.002502024-11-1548.0 - 52.50.0In
Call
2024-11-15 CALL at $70.00.99288.0E-402024-11-1544.0 - 47.50.0In
Call
2024-11-15 CALL at $75.00.96590.002502024-11-1539.5 - 43.00.0In
Call
2024-11-15 CALL at $80.00.94230.003902024-11-1535.0 - 38.50.0In
Call
2024-11-15 CALL at $85.00.93050.00502024-11-1530.8 - 33.10.0In
Call
2024-11-15 CALL at $90.00.89010.00702024-11-1526.7 - 28.80.0In
Call
2024-11-15 CALL at $95.00.84070.009102024-11-1522.8 - 24.80.0In
Call
2024-11-15 CALL at $96.00.8310.009502024-11-1522.1 - 23.90.0In
Call
2024-11-15 CALL at $97.00.81980.009902024-11-1521.3 - 23.20.0In
Call
2024-11-15 CALL at $98.00.80390.010202024-11-1520.9 - 22.50.0In
Call
2024-11-15 CALL at $99.00.79840.010702024-11-1519.9 - 21.50.0In
Call
2024-11-15 CALL at $100.00.78370.011112024-11-1519.3 - 20.928.34In
Call
2024-11-15 CALL at $101.00.77310.011502024-11-1518.5 - 20.10.0In
Call
2024-11-15 CALL at $102.00.76050.011902024-11-1517.9 - 19.30.0In
Call
2024-11-15 CALL at $103.00.74690.012302024-11-1517.1 - 18.80.0In
Call
2024-11-15 CALL at $104.00.73030.012402024-11-1516.8 - 18.20.0In
Call
2024-11-15 CALL at $105.00.72030.01302024-11-1515.8 - 17.40.0In
Call
2024-11-15 CALL at $106.00.70470.013202024-11-1515.4 - 16.80.0In
Call
2024-11-15 CALL at $107.00.69150.013602024-11-1514.6 - 16.20.0In
Call
2024-11-15 CALL at $108.00.6780.01402024-11-1514.0 - 15.40.0In
Call
2024-11-15 CALL at $109.00.66330.014302024-11-1513.4 - 14.80.0In
Call
2024-11-15 CALL at $110.00.64770.0144102024-11-1512.8 - 14.511.0In
Call
2024-11-15 CALL at $111.00.63040.013832024-11-1512.5 - 14.916.8In
Call
2024-11-15 CALL at $112.00.61790.014932024-11-1511.9 - 13.111.8In
Call
2024-11-15 CALL at $113.00.60270.01502024-11-1511.5 - 12.60.0In
Call
2024-11-15 CALL at $114.00.58750.015502024-11-1510.8 - 11.90.0Out
Call
2024-11-15 CALL at $115.00.57130.016552024-11-1510.3 - 11.610.3Out
Call
2024-11-15 CALL at $116.00.55650.015802024-11-159.8 - 10.90.0Out
Call
2024-11-15 CALL at $117.00.54170.015602024-11-159.5 - 10.60.0Out
Call
2024-11-15 CALL at $118.00.52490.016102024-11-158.8 - 9.90.0Out
Call
2024-11-15 CALL at $119.00.51040.015902024-11-158.4 - 9.70.0Out
Call
2024-11-15 CALL at $120.00.49430.016112024-11-158.0 - 9.15.7Out
Call
2024-11-15 CALL at $121.00.47850.016102024-11-157.6 - 8.60.0Out
Call
2024-11-15 CALL at $122.00.46250.016202024-11-157.1 - 8.20.0Out
Call
2024-11-15 CALL at $123.00.44760.016102024-11-156.8 - 7.80.0Out
Call
2024-11-15 CALL at $124.00.43270.01602024-11-156.5 - 7.40.0Out
Call
2024-11-15 CALL at $125.00.41870.015932024-11-156.0 - 7.39.04Out
Call
2024-11-15 CALL at $126.00.40190.015902024-11-155.7 - 6.70.0Out
Call
2024-11-15 CALL at $127.00.38470.01602024-11-155.3 - 6.20.0Out
Call
2024-11-15 CALL at $128.00.37480.0155722024-11-155.1 - 6.27.5Out
Call
2024-11-15 CALL at $129.00.3730.014602024-11-154.8 - 7.00.0Out
Call
2024-11-15 CALL at $130.00.34660.015222024-11-154.5 - 5.64.15Out
Call
2024-11-15 CALL at $131.00.33240.01502024-11-154.2 - 5.30.0Out
Call
2024-11-15 CALL at $132.00.31360.01502024-11-153.9 - 4.70.0Out
Call
2024-11-15 CALL at $133.00.30640.014502024-11-153.7 - 4.80.0Out
Call
2024-11-15 CALL at $134.00.29170.014302024-11-153.5 - 4.40.0Out
Call
2024-11-15 CALL at $135.00.27680.014102024-11-153.1 - 4.20.0Out
Call
2024-11-15 CALL at $136.00.2660.013802024-11-152.95 - 4.00.0Out
Call
2024-11-15 CALL at $137.00.25520.013502024-11-152.8 - 3.80.0Out
Call
2024-11-15 CALL at $138.00.24260.013202024-11-152.75 - 3.40.0Out
Call
2024-11-15 CALL at $140.00.21470.012612024-11-152.2 - 2.952.69Out
Call
2024-11-15 CALL at $145.00.17320.0109132024-11-151.65 - 2.355.3Out
Call
2024-11-15 CALL at $150.00.13770.009212024-11-151.05 - 2.04.1Out
Call
2024-11-15 CALL at $155.00.10520.007702024-11-150.45 - 1.750.0Out
Call
2024-11-15 CALL at $160.00.08690.006502024-11-150.35 - 1.450.0Out
Call
2024-11-15 CALL at $165.00.07280.005502024-11-150.25 - 1.250.0Out
Call
2024-11-15 CALL at $170.00.08440.005402024-11-150.2 - 1.80.0Out
Call
2024-11-15 CALL at $175.00.0850.005102024-11-150.15 - 2.00.0Out
 Put
2024-11-15 PUT at $60.0-0.02980.001512024-11-150.2 - 1.00.54Out
 Put
2024-11-15 PUT at $65.0-0.04710.0022622024-11-150.3 - 1.750.65Out
 Put
2024-11-15 PUT at $70.0-0.07090.00302024-11-150.4 - 3.01.7Out
 Put
2024-11-15 PUT at $75.0-0.0760.0036152024-11-151.0 - 2.151.5Out
 Put
2024-11-15 PUT at $80.0-0.09540.004612024-11-151.5 - 2.352.23Out
 Put
2024-11-15 PUT at $85.0-0.12190.005742024-11-151.9 - 3.03.7Out
 Put
2024-11-15 PUT at $90.0-0.15850.0071102024-11-152.8 - 3.83.95Out
 Put
2024-11-15 PUT at $95.0-0.19470.008702024-11-153.6 - 4.35.1Out
 Put
2024-11-15 PUT at $96.0-0.20750.008902024-11-153.8 - 4.90.0Out
 Put
2024-11-15 PUT at $97.0-0.21590.009302024-11-154.2 - 4.80.0Out
 Put
2024-11-15 PUT at $98.0-0.22820.009502024-11-154.4 - 5.40.0Out
 Put
2024-11-15 PUT at $99.0-0.23630.009902024-11-154.7 - 5.30.0Out
 Put
2024-11-15 PUT at $100.0-0.24680.0102162024-11-154.9 - 5.66.6Out
 Put
2024-11-15 PUT at $101.0-0.2580.010502024-11-155.2 - 5.90.0Out
 Put
2024-11-15 PUT at $102.0-0.26870.010802024-11-155.4 - 6.20.0Out
 Put
2024-11-15 PUT at $103.0-0.28260.01102024-11-155.8 - 6.80.0Out
 Put
2024-11-15 PUT at $104.0-0.29410.011202024-11-156.1 - 7.10.0Out
 Put
2024-11-15 PUT at $105.0-0.30530.0116122024-11-156.4 - 7.35.5Out
 Put
2024-11-15 PUT at $106.0-0.31720.01202024-11-156.7 - 7.50.0Out
 Put
2024-11-15 PUT at $107.0-0.32970.012302024-11-157.0 - 7.80.0Out
 Put
2024-11-15 PUT at $108.0-0.34370.012302024-11-157.5 - 8.50.0Out
 Put
2024-11-15 PUT at $109.0-0.35630.012702024-11-157.8 - 8.80.0Out
 Put
2024-11-15 PUT at $110.0-0.36990.013172024-11-158.1 - 9.29.9Out
 Put
2024-11-15 PUT at $111.0-0.38320.013302024-11-158.7 - 9.30.0Out
 Put
2024-11-15 PUT at $112.0-0.39750.013402024-11-158.8 - 10.20.0Out
 Put
2024-11-15 PUT at $113.0-0.41140.013502024-11-159.5 - 10.50.0Out
 Put
2024-11-15 PUT at $114.0-0.42530.013802024-11-159.9 - 10.90.0In
 Put
2024-11-15 PUT at $115.0-0.43960.013942024-11-1510.2 - 11.512.33In
 Put
2024-11-15 PUT at $116.0-0.4540.01402024-11-1510.9 - 11.90.0In
 Put
2024-11-15 PUT at $117.0-0.46870.014302024-11-1511.4 - 12.20.0In
 Put
2024-11-15 PUT at $118.0-0.48410.014402024-11-1511.9 - 12.70.0In
 Put
2024-11-15 PUT at $119.0-0.49870.014502024-11-1512.3 - 13.30.0In
 Put
2024-11-15 PUT at $120.0-0.51180.014402024-11-1512.9 - 14.20.0In
 Put
2024-11-15 PUT at $121.0-0.52840.014602024-11-1513.5 - 14.40.0In
 Put
2024-11-15 PUT at $122.0-0.54860.015102024-11-1513.0 - 15.40.0In
 Put
2024-11-15 PUT at $123.0-0.54920.013902024-11-1514.5 - 17.00.0In
 Put
2024-11-15 PUT at $124.0-0.58030.015202024-11-1514.0 - 16.60.0In
 Put
2024-11-15 PUT at $125.0-0.58670.014502024-11-1515.6 - 17.20.0In
 Put
2024-11-15 PUT at $126.0-0.59850.014302024-11-1516.1 - 18.20.0In
 Put
2024-11-15 PUT at $127.0-0.6240.014702024-11-1516.0 - 18.80.0In
 Put
2024-11-15 PUT at $128.0-0.62970.014202024-11-1517.3 - 19.60.0In
 Put
2024-11-15 PUT at $129.0-0.64650.01402024-11-1517.9 - 20.40.0In
 Put
2024-11-15 PUT at $130.0-0.6570.013702024-11-1518.8 - 21.10.0In
 Put
2024-11-15 PUT at $131.0-0.67230.013702024-11-1519.3 - 21.80.0In
 Put
2024-11-15 PUT at $132.0-0.68140.013402024-11-1520.4 - 22.40.0In
 Put
2024-11-15 PUT at $133.0-0.69630.013302024-11-1520.9 - 23.20.0In
 Put
2024-11-15 PUT at $134.0-0.70520.013102024-11-1521.8 - 24.00.0In
 Put
2024-11-15 PUT at $135.0-0.7240.012902024-11-1522.3 - 24.80.0In
 Put
2024-11-15 PUT at $136.0-0.75930.012602024-11-1522.2 - 25.70.0In
 Put
2024-11-15 PUT at $137.0-0.77240.012402024-11-1523.0 - 26.40.0In
 Put
2024-11-15 PUT at $138.0-0.76310.011802024-11-1524.8 - 27.30.0In
 Put
2024-11-15 PUT at $140.0-0.78030.011302024-11-1526.6 - 28.90.0In
 Put
2024-11-15 PUT at $145.0-0.84170.009302024-11-1530.7 - 33.20.0