Direxion Daily Stock Options Expiring on 17th of January 2025

CURE Etf  USD 113.70  1.10  0.98%   
Direxion Daily's latest option contracts expiring on 2025-01-17 are carrying combined implied volatility of 0.56 with a put-to-call open interest ratio of 1.2 over 13 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2025-01-17. The total put volume is at 23.0, with calls trading at the volume of 23.0. This yields a 7.67 put-to-call volume ratio.

Open Interest Against 2025-01-17 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'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.

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 0.035% per day over the life of the 2025-01-17 option contract. With Direxion Daily trading at USD 113.7, that is roughly USD 0.0398. 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 0.56%. 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.
Open IntExpirationCurrent SpreadLast Price
Call
CURE Option Call 17-01-2025 10512025-01-1710.2 - 13.98.53In
Call
CURE Option Call 17-01-2025 10812025-01-177.8 - 11.53.65In
Call
CURE Option Call 17-01-2025 11032025-01-177.6 - 9.98.46In
Call
CURE Option Call 17-01-2025 11502025-01-174.5 - 6.05.27Out
 Put
CURE Option Put 17-01-2025 7002025-01-170.0 - 1.40.45Out
 Put
CURE Option Put 17-01-2025 7502025-01-170.0 - 2.250.8Out
 Put
CURE Option Put 17-01-2025 9012025-01-170.0 - 2.353.09Out
 Put
CURE Option Put 17-01-2025 9902025-01-171.45 - 2.94.89Out
 Put
CURE Option Put 17-01-2025 10202025-01-172.0 - 4.87.31Out
 Put
CURE Option Put 17-01-2025 10302025-01-172.25 - 5.09.14Out
 Put
CURE Option Put 17-01-2025 10742025-01-173.4 - 5.46.32Out
 Put
CURE Option Put 17-01-2025 11112025-01-174.8 - 7.012.1Out
 Put
CURE Option Put 17-01-2025 11402025-01-175.7 - 8.010.6In

When determining whether Direxion Daily Healthcare 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 Healthcare. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Direxion Daily Healthcare 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.