TNA250417P00036000 Option on Direxion Daily Small

TNA Etf  USD 45.52  0.47  1.02%   
TNA250417P00036000 is a PUT option contract on Direxion Daily's common stock with a strick price of 36.0 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 $0.61, and an ask price of $3.3. 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 0.04% per day over the life of the option. With Direxion Daily trading at USD 45.52, that is roughly USD 0.0182. 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 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put 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.
Put Contract NameTNA250417P00036000
Expires On2025-04-17
Days Before Expriration69
Vega0.048301
Gamma0.019005
Theoretical Value1.22
Open Interest346
Current Trading Volume10.0
Strike Price36.0
Last Traded At1.22
Current Price Spread0.61 | 3.3
Rule 16 Daily Up or DownUSD 0.0182

Direxion short PUT Option Greeks

Direxion Daily's Option Greeks for the contract ending on 2025-04-17 at a strike price of 36.0 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.
Delta-0.159135
Gamma0.019005
Theta-0.021366
Vega0.048301
Rho-0.014691

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 34.78 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 36.0, the payoff chart is constant and positive.
   Profit   
       Direxion Daily Price At Expiration  
View All Direxion Daily Options

Direxion Daily Small Available Put 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
 Put
TNA250417P0002000016220.00.06 - 0.750.17Out
 Put
TNA250417P0002500088625.00.25 - 0.310.31Out
 Put
TNA250417P0002700018127.00.19 - 0.410.35Out
 Put
TNA250417P0002800013428.00.37 - 2.560.41Out
 Put
TNA250417P000290007929.00.05 - 2.620.48Out
 Put
TNA250417P0003000058430.00.49 - 0.910.55Out
 Put
TNA250417P000310002531.00.0 - 1.180.86Out
 Put
TNA250417P0003200015132.00.09 - 1.00.75Out
 Put
TNA250417P0003300011933.00.0 - 2.91.32Out
 Put
TNA250417P0003400013434.00.54 - 1.041.49Out
 Put
TNA250417P0003500047135.00.8 - 1.281.15Out
 Put
TNA250417P0003600034636.00.61 - 3.31.22Out
 Put
TNA250417P0003700020237.00.74 - 2.351.49Out
 Put
TNA250417P0003800063338.01.5 - 2.781.55Out
 Put
TNA250417P0003900030339.00.81 - 3.951.88Out
 Put
TNA250417P0004000047240.02.15 - 2.322.19Out
 Put
TNA250417P0004100025141.00.61 - 2.652.62Out
 Put
TNA250417P0004200076342.02.19 - 3.053.1Out
 Put
TNA250417P0004300010543.02.35 - 3.453.0Out
 Put
TNA250417P000440007644.01.75 - 4.43.66Out
 Put
TNA250417P0004500090045.04.2 - 4.34.3Out
 Put
TNA250417P0004600033246.03.35 - 5.154.7In
 Put
TNA250417P0004700015047.03.4 - 5.454.88In
 Put
TNA250417P0004800014448.04.0 - 6.06.13In
 Put
TNA250417P000490002549.05.45 - 8.356.06In
 Put
TNA250417P0005000032950.06.15 - 8.956.96In
 Put
TNA250417P000510003351.05.9 - 8.17.6In
 Put
TNA250417P0005200017452.07.25 - 9.68.05In
 Put
TNA250417P0005300013253.07.2 - 10.310.15In
 Put
TNA250417P000540002854.08.95 - 11.09.01In
 Put
TNA250417P0005500016355.09.6 - 12.911.93In
 Put
TNA250417P000560009356.010.55 - 13.1511.0In
 Put
TNA250417P000570001957.010.75 - 14.512.02In
 Put
TNA250417P0005800011958.012.05 - 15.3513.96In
 Put
TNA250417P00059000559.012.15 - 16.218.26In
 Put
TNA250417P000600005060.013.2 - 16.9516.9In
 Put
TNA250417P000650002265.017.6 - 22.023.44In
 Put
TNA250417P000700006170.022.6 - 26.831.64In
 Put
TNA250417P00075000175.027.4 - 31.7533.18In
 Put
TNA250417P00080000080.032.3 - 37.026.85In
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.