TNA250417C00032000 Option on Direxion Daily Small

TNA Etf  USD 37.65  1.27  3.26%   
TNA250417C00032000 is a PUT option contract on Direxion Daily's common stock with a strick price of 32.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 51 days remaining before the expiration. The option is currently trading at a bid price of $7.35, and an ask price of $7.7. The implied volatility as of the 25th of February is 51.0.
  
A put option written on Direxion Daily becomes more valuable as the price of Direxion Daily drops. Conversely, Direxion Daily's put option loses its value as Direxion Etf rises.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Direxion Daily Small will have an average daily up or down price movement of about 0.0428% per day over the life of the option. With Direxion Daily trading at USD 37.65, that is roughly USD 0.0161. If you think that the market is fully understating Direxion Daily's daily price movement you should consider buying Direxion Daily Small options at that current volatility level of 0.69%. 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 NameTNA250417C00032000
Expires On2025-04-17
Days Before Expriration51
Delta0.792782
Vega0.040892
Gamma0.028868
Theoretical Value7.53
Open Interest6
Strike Price32.0
Last Traded At15.42
Current Price Spread7.35 | 7.7
Rule 16 Daily Up or DownUSD 0.0161

Direxion short PUT Option Greeks

Direxion Daily's Option Greeks for the contract ending on 2025-04-17 at a strike price of 32.0 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.
Delta0.792782
Gamma0.028868
Theta-0.028716
Vega0.040892
Rho0.0323

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 32Current Price 37.65Break Even 39.53100%
       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 39.53 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 32.0, the payoff chart is constant and positive.
   Profit   
       Direxion Daily Price At Expiration  
View All Direxion Daily Options

Direxion Daily Small 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
TNA250417C000200002820.016.8 - 20.024.4In
Call
TNA250417C000250004525.012.2 - 14.5514.2In
Call
TNA250417C00027000327.010.1 - 12.917.77In
Call
TNA250417C000280006628.010.65 - 10.911.49In
Call
TNA250417C00029000929.09.75 - 10.817.37In
Call
TNA250417C000300008330.09.05 - 9.29.55In
Call
TNA250417C00031000231.07.9 - 9.49.43In
Call
TNA250417C00032000632.07.35 - 7.715.42In
Call
TNA250417C000330004533.06.7 - 6.856.78In
Call
TNA250417C000340006234.05.35 - 6.156.37In
Call
TNA250417C0003500014735.05.35 - 5.455.5In
Call
TNA250417C0003600044936.03.5 - 4.855.38In
Call
TNA250417C000370003037.04.05 - 4.254.95In
Call
TNA250417C0003800012338.03.1 - 3.73.65Out
Call
TNA250417C000390007439.02.82 - 3.23.38Out
Call
TNA250417C0004000096640.02.63 - 2.722.71Out
Call
TNA250417C0004100048441.02.25 - 2.322.55Out
Call
TNA250417C0004200040442.01.71 - 1.951.92Out
Call
TNA250417C00043000144143.01.58 - 1.641.79Out
Call
TNA250417C0004400091944.01.3 - 1.361.48Out
Call
TNA250417C00045000142945.01.1 - 1.321.1Out
Call
TNA250417C0004600060946.00.89 - 0.920.91Out
Call
TNA250417C0004700091647.00.75 - 0.770.78Out
Call
TNA250417C0004800040348.00.59 - 0.630.62Out
Call
TNA250417C0004900056349.00.49 - 0.520.55Out
Call
TNA250417C00050000678450.00.4 - 0.430.44Out
Call
TNA250417C0005100038651.00.13 - 0.360.38Out
Call
TNA250417C0005200053852.00.27 - 0.30.29Out
Call
TNA250417C0005300054953.00.22 - 0.250.26Out
Call
TNA250417C0005400040654.00.18 - 0.210.27Out
Call
TNA250417C00055000295255.00.15 - 0.180.18Out
Call
TNA250417C0005600024156.00.1 - 0.170.16Out
Call
TNA250417C0005700023557.00.05 - 0.190.15Out
Call
TNA250417C0005800033958.00.06 - 0.160.16Out
Call
TNA250417C00059000106059.00.06 - 0.640.13Out
Call
TNA250417C00060000806560.00.04 - 0.110.09Out
Call
TNA250417C00065000203565.00.03 - 0.470.06Out
Call
TNA250417C00070000222770.00.0 - 0.150.05Out
Call
TNA250417C00075000102775.00.03 - 0.650.06Out
Call
TNA250417C00080000843380.00.03 - 0.450.04Out
When determining whether Direxion Daily Small offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Daily's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Daily Small Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Small Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Daily Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Direxion Daily Small 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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