FAS251017P00200000 Option on Direxion Daily Financial

FAS Etf  USD 173.37  4.53  2.55%   
FAS251017P00200000 is a PUT option contract on Direxion Daily's common stock with a strick price of 200.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 16 days remaining before the expiration. The option is currently trading at a bid price of $21.1, and an ask price of $23.5. The implied volatility as of the 1st of October is 16.0.
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 2025-10-17 Option Contract

The options market is anticipating that Direxion Daily Financial will have an average daily up or down price movement of about 0.0218% per day over the life of the option. With Direxion Daily trading at USD 173.37, that is roughly USD 0.0379. If you think that the market is fully understating Direxion Daily's daily price movement you should consider buying Direxion Daily Financial options at that current volatility level of 0.35%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put 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.
Put Contract NameFAS251017P00200000
Expires On2025-10-17
Days Before Expriration16
Vega0.043004
Gamma0.008899
Theoretical Value22.3
Open Interest51
Strike Price200.0
Last Traded At24.4
Current Price Spread21.1 | 23.5
Rule 16 Daily Up or DownUSD 0.0379

Direxion short PUT Option Greeks

Direxion Daily's Option Greeks for the contract ending on 2025-10-17 at a strike price of 200.0 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-0.942767
Gamma0.008899
Theta-0.036451
Vega0.043004
Rho-0.038137

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 177.7 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 200.0, the payoff chart is constant and positive.
   Profit   
       Direxion Daily Price At Expiration  
View All Direxion Daily Options

Direxion Daily Financial 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
FAS251121P002450000245.064.8 - 68.564.8In
 Put
FAS251121P002400000240.060.3 - 63.460.3In
 Put
FAS251121P002350000235.054.9 - 58.654.9In
 Put
FAS251121P002300000230.050.7 - 53.550.7In
 Put
FAS251121P002250000225.045.8 - 48.645.8In
 Put
FAS251121P002200000220.040.6 - 44.040.6In
 Put
FAS251121P002150000215.036.0 - 39.736.0In
 Put
FAS251121P002100000210.031.7 - 35.231.7In
 Put
FAS251121P002050000205.027.7 - 31.327.7In
 Put
FAS251121P002000000200.024.4 - 27.524.4In
 Put
FAS251121P001850005185.015.4 - 16.818.05In
 Put
FAS251121P001800003180.012.5 - 14.913.75In
 Put
FAS251121P001790005179.011.8 - 14.413.5In
 Put
FAS251121P001770001177.011.3 - 13.312.3Out
 Put
FAS251121P001730001173.09.5 - 11.411.21Out
 Put
FAS251121P0017200023172.09.1 - 11.59.81Out
 Put
FAS251121P001700007170.08.4 - 10.710.5Out
 Put
FAS251121P001690002169.08.1 - 10.49.93Out
 Put
FAS251121P001680001168.07.5 - 9.18.95Out
 Put
FAS251121P001670001167.07.2 - 9.79.2Out
 Put
FAS251121P0016500011165.06.6 - 9.08.17Out
 Put
FAS251121P001610005161.06.6 - 7.46.5Out
 Put
FAS251121P001600006160.05.3 - 6.86.43Out
 Put
FAS251121P001500003150.04.3 - 5.85.0Out
 Put
FAS251121P001450002145.03.5 - 4.34.2Out
 Put
FAS251121P0014000011140.02.85 - 3.63.65Out
 Put
FAS251121P001350005135.01.7 - 3.83.58Out
 Put
FAS251121P001300001130.01.6 - 2.952.83Out
 Put
FAS251121P0012500010125.01.5 - 3.12.53Out
 Put
FAS251121P0012000013120.01.55 - 1.851.56Out
 Put
FAS251121P001100001110.01.05 - 2.451.58Out
 Put
FAS251121P001050002105.00.8 - 2.251.25Out
 Put
FAS251121P001000001100.00.7 - 2.01.22Out
 Put
FAS251121P000950001295.00.5 - 1.850.8Out
When determining whether Direxion Daily Financial 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 Financial Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Financial Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direxion Daily Financial. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
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The market value of Direxion Daily Financial 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.