TNA250417C00050000 Option on Direxion Daily Small

TNA Etf  USD 45.52  0.47  1.02%   
TNA250417C00050000 is a PUT option contract on Direxion Daily's common stock with a strick price of 50.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 69 days remaining before the expiration. The option is currently trading at a bid price of $2.5, and an ask price of $2.99. The implied volatility as of the 7th of February is 69.0.
  
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 0.0341% per day over the life of the option. With Direxion Daily trading at USD 45.52, that is roughly USD 0.0155. 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 0.55%. 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 NameTNA250417C00050000
Expires On2025-04-17
Days Before Expriration69
Delta0.402204
Vega0.077017
Gamma0.035495
Theoretical Value2.74
Open Interest6851
Current Trading Volume121.0
Strike Price50.0
Last Traded At3.0
Current Price Spread2.5 | 2.99
Rule 16 Daily Up or DownUSD 0.0155

Direxion short PUT Option Greeks

Direxion Daily's Option Greeks for the contract ending on 2025-04-17 at a strike price of 50.0 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.
Delta0.402204
Gamma0.035495
Theta-0.03142
Vega0.077017
Rho0.029849

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 52.74 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 50.0, 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
TNA250417C000200002720.023.45 - 27.7524.5In
Call
TNA250417C00025000625.018.8 - 22.824.85In
Call
TNA250417C00027000327.016.7 - 20.617.77In
Call
TNA250417C000280006628.016.3 - 19.916.68In
Call
TNA250417C00029000929.014.75 - 19.017.37In
Call
TNA250417C000300002730.013.85 - 18.115.84In
Call
TNA250417C00031000131.013.0 - 17.1510.79In
Call
TNA250417C00032000632.012.0 - 16.315.42In
Call
TNA250417C000330004533.011.15 - 15.412.24In
Call
TNA250417C000340006234.011.4 - 14.412.15In
Call
TNA250417C0003500016735.09.45 - 13.5511.8In
Call
TNA250417C0003600043336.08.65 - 12.710.54In
Call
TNA250417C000370003037.07.9 - 11.58.8In
Call
TNA250417C0003800011138.07.2 - 11.159.76In
Call
TNA250417C000390006339.06.75 - 10.059.12In
Call
TNA250417C00040000103740.07.5 - 9.657.6In
Call
TNA250417C0004100046841.05.2 - 9.07.5In
Call
TNA250417C0004200039742.05.65 - 7.456.9In
Call
TNA250417C0004300050943.03.9 - 7.356.25In
Call
TNA250417C0004400087044.03.35 - 6.25.85In
Call
TNA250417C00045000123745.03.85 - 6.34.73In
Call
TNA250417C0004600060346.02.7 - 5.74.6Out
Call
TNA250417C0004700083747.03.05 - 4.754.31Out
Call
TNA250417C0004800026748.02.6 - 4.253.95Out
Call
TNA250417C0004900046749.03.1 - 5.03.75Out
Call
TNA250417C00050000685150.02.5 - 2.993.0Out
Call
TNA250417C0005100030051.02.2 - 2.742.67Out
Call
TNA250417C0005200023952.01.71 - 2.322.16Out
Call
TNA250417C0005300043853.01.26 - 2.62.02Out
Call
TNA250417C0005400036954.01.48 - 2.211.66Out
Call
TNA250417C00055000304255.00.99 - 1.621.44Out
Call
TNA250417C0005600024956.00.86 - 1.541.37Out
Call
TNA250417C0005700023257.00.4 - 1.211.2Out
Call
TNA250417C0005800034358.00.25 - 1.241.14Out
Call
TNA250417C00059000106059.00.78 - 0.921.22Out
Call
TNA250417C00060000627160.00.72 - 1.00.74Out
Call
TNA250417C00065000204065.00.01 - 0.460.47Out
Call
TNA250417C00070000237870.00.18 - 0.50.32Out
Call
TNA250417C0007500097175.00.15 - 0.650.25Out
Call
TNA250417C00080000836880.00.1 - 0.210.15Out
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.
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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.