CLDL250321C00010000 Option on Direxion Daily Cloud

CLDL Etf  USD 10.90  1.39  11.31%   
CLDL250321C00010000 is a PUT option contract on Direxion Daily's common stock with a strick price of 10.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $2.65, and an ask price of $3.3. The implied volatility as of the 10th of March is 11.0.
  
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 2025-03-21 Option Contract

The options market is anticipating that Direxion Daily Cloud will have an average daily up or down price movement of about 0.0643% per day over the life of the option. With Direxion Daily trading at USD 10.9, that is roughly USD 0.007011. If you think that the market is fully understating Direxion Daily's daily price movement you should consider buying Direxion Daily Cloud options at that current volatility level of 1.03%. 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 NameCLDL250321C00010000
Expires On2025-03-21
Days Before Expriration11
Delta0.883697
Vega0.005549
Gamma0.067043
Theoretical Value2.98
Open Interest4
Strike Price10.0
Last Traded At1.6
Current Price Spread2.65 | 3.3
Rule 16 Daily Up or DownUSD 0.007011

Direxion short PUT Option Greeks

Direxion Daily's Option Greeks for the contract ending on 2025-03-21 at a strike price of 10.0 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.
Delta0.883697
Gamma0.067043
Theta-0.01685
Vega0.005549
Rho0.004098

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   
Strike Price 10Current Price 10.9Break Even 12.98100%
       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 12.98 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 10.0, the payoff chart is constant and positive.
   Profit   
Strike Price 10Current Price 10.9Break Even 12.98100%
       Direxion Daily Price At Expiration  
View All Direxion Daily Options

Direxion Daily Cloud 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
CLDL250417C00021000021.00.0 - 0.70.7Out
Call
CLDL250417C00020000020.00.0 - 0.70.7Out
Call
CLDL250417C00019000019.00.0 - 0.70.7Out
Call
CLDL250417C00018000018.00.0 - 0.70.7Out
Call
CLDL250417C00017000017.00.0 - 0.750.75Out
Call
CLDL250417C00016000016.00.0 - 0.80.8Out
Call
CLDL250417C00015000015.00.0 - 1.01.0Out
Call
CLDL250417C00014000014.00.05 - 1.250.05Out
Call
CLDL250417C00013000013.00.35 - 1.70.35Out
Call
CLDL250417C00012000012.00.95 - 2.30.95In
When determining whether Direxion Daily Cloud 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Direxion Daily Cloud. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
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The market value of Direxion Daily Cloud 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.

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