LABU250919C00057000 Option on Direxion Daily SP

LABU Etf  USD 109.03  5.50  5.31%   
Direxion Daily's latest option contracts expiring on January 16th 2026 are carrying combined implied volatility of 0.87 with a put-to-call open interest ratio of 0.65 over 250 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on January 16th 2026. The total put volume is at 40.0, with calls trading at the volume of 211. This yields a 0.19 put-to-call volume ratio.

Open Interest Against January 16th 2026 Option Contracts

Direxion Daily option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Direxion Daily's lending market. For example, when Direxion Daily's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Direxion Daily, he or she must hedge the risk by shorting Direxion Daily stock over its option's life.
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 Maximum Pain Price Across 2026-01-16 Option Contracts

Max pain occurs when Direxion Daily's market makers reach a net positive position across all Direxion Daily's options at a strike price where option holders stand to lose the most money. By contrast, Direxion Daily's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Direxion Daily

Analyzing Direxion Daily's in-the-money options over time can help investors to take a profitable long position in Direxion Daily regardless of its overall volatility. This is especially true when Direxion Daily's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Direxion Daily's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Direxion Daily's stock while costing only a fraction of its price.

Direxion Daily SP In The Money Call Balance

When Direxion Daily's strike price is surpassing the current stock price, the option contract against Direxion Daily SP 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 SP 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 SP will have an average daily up or down price movement of about 0.0544% per day over the life of the 2026-01-16 option contract. With Direxion Daily trading at USD 109.03, that is roughly USD 0.0593. If you think that the market is fully incorporating Direxion Daily's daily price movement you should consider buying Direxion Daily SP options at the current volatility level of 0.87%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Direxion Daily options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Direxion calls. Remember, the seller must deliver Direxion Daily SP stock to the call owner when a call is exercised.

Direxion Daily Option Chain

When Direxion Daily's strike price is surpassing the current stock price, the option contract against Direxion Daily SP 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 IntStrike PriceCurrent SpreadLast Price
Call
LABU260116C00260000701260.00.55 - 0.950.8Out
Call
LABU260116C00255000411255.00.8 - 1.150.75Out
Call
LABU260116C00250000238250.00.8 - 1.20.63Out
Call
LABU260116C0024500035245.00.1 - 1.350.64Out
Call
LABU260116C0024000071240.00.0 - 1.50.76Out
Call
LABU260116C002350008235.00.0 - 1.550.81Out
Call
LABU260116C0023000015230.01.2 - 1.651.2Out
Call
LABU260116C0022500086225.01.15 - 1.71.0Out
Call
LABU260116C0022000010220.01.05 - 1.91.08Out
Call
LABU260116C0021500014215.01.55 - 2.31.55Out
Call
LABU260116C0021000033210.01.7 - 2.61.3Out
Call
LABU260116C002050008205.01.4 - 2.51.43Out
Call
LABU260116C00200000113200.01.7 - 2.72.27Out
Call
LABU260116C0019500013195.01.95 - 3.01.91Out
Call
LABU260116C001900007190.02.5 - 3.32.77Out
Call
LABU260116C0018500029185.03.0 - 3.72.26Out
Call
LABU260116C0018000091180.03.4 - 4.12.57Out
Call
LABU260116C0017500016175.03.9 - 4.54.2Out
Call
LABU260116C0017000026170.04.4 - 5.03.3Out
Call
LABU260116C0016500054165.05.0 - 5.61.8Out
Call
LABU260116C0016000056160.05.6 - 6.36.04Out
Call
LABU260116C0015500034155.06.4 - 6.86.55Out
Call
LABU260116C00150000453150.07.1 - 7.74.7Out
Call
LABU260116C0014500058145.08.0 - 9.51.52Out
Call
LABU260116C001440002144.08.1 - 9.70.85Out
Call
LABU260116C001430001143.07.4 - 10.22.22Out
Call
LABU260116C0014000068140.09.2 - 9.710.0Out
Call
LABU260116C0013900036139.09.4 - 10.23.9Out
Call
LABU260116C001380002138.09.6 - 10.99.6Out
Call
LABU260116C0013700016137.09.8 - 10.98.45Out
Call
LABU260116C001360003136.09.3 - 11.42.05Out
Call
LABU260116C00135000147135.09.5 - 11.58.5Out
Call
LABU260116C001340002134.09.7 - 11.52.4Out
Call
LABU260116C001330004133.010.6 - 12.08.6Out
Call
LABU260116C001320007132.011.0 - 11.911.0Out
Call
LABU260116C001310002131.011.2 - 12.111.7Out
Call
LABU260116C0013000069130.011.5 - 12.211.8Out
Call
LABU260116C0012900010129.011.6 - 12.413.1Out
Call
LABU260116C001280001128.011.8 - 12.811.8Out
Call
LABU260116C001270003127.011.4 - 13.511.4Out
Call
LABU260116C001260001126.012.7 - 13.812.7Out
Call
LABU260116C0012500069125.013.0 - 13.713.4Out
Call
LABU260116C001240008124.013.3 - 14.31.85Out
Call
LABU260116C001230004123.012.8 - 14.912.8Out
Call
LABU260116C0012200046122.013.9 - 14.711.38Out
Call
LABU260116C001210001121.014.2 - 15.014.2Out
Call
LABU260116C00120000146120.014.6 - 15.315.24Out
Call
LABU260116C001190009119.014.9 - 15.814.9Out
Call
LABU260116C001180005118.014.4 - 16.67.0Out
Call
LABU260116C0011700017117.015.4 - 16.811.1Out
Call
LABU260116C001160007116.016.0 - 17.13.39Out
Call
LABU260116C00115000140115.015.4 - 18.817.13Out
Call
LABU260116C001140003114.016.4 - 17.62.55Out
Call
LABU260116C001130001113.015.5 - 19.33.2Out
Call
LABU260116C001120001112.015.9 - 19.86.0Out
Call
LABU260116C001110002111.017.9 - 18.814.3Out
Call
LABU260116C00110000122110.018.4 - 19.519.18Out
Call
LABU260116C001090003109.018.8 - 19.619.8Out
Call
LABU260116C001080003108.019.1 - 20.120.9In
Call
LABU260116C001070007107.018.5 - 20.83.56In
Call
LABU260116C001060002106.019.3 - 21.419.3In
Call
LABU260116C00105000133105.020.6 - 21.521.8In
Call
LABU260116C0010400015104.020.7 - 21.917.6In
Call
LABU260116C001030004103.020.0 - 22.418.16In
Call
LABU260116C001020004102.020.4 - 23.020.4In
Call
LABU260116C0010100012101.022.4 - 23.423.55In
Call
LABU260116C00100000205100.023.0 - 24.023.85In
Call
LABU260116C000990001899.023.5 - 24.520.68In
Call
LABU260116C000980002998.024.0 - 24.917.4In
Call
LABU260116C00097000197.024.0 - 25.97.7In
Call
LABU260116C000960001096.024.9 - 26.026.8In
Call
LABU260116C0009500016295.025.6 - 26.520.85In
Call
LABU260116C00094000794.025.7 - 27.119.2In
Call
LABU260116C00093000593.025.2 - 29.214.8In
Call
LABU260116C000920003292.025.7 - 29.823.3In
Call
LABU260116C000910001591.026.9 - 29.619.75In
Call
LABU260116C0009000011190.028.5 - 29.423.8In
Call
LABU260116C000890003089.027.6 - 30.925.9In
Call
LABU260116C000880002088.029.7 - 30.75.6In
Call
LABU260116C00087000387.030.2 - 31.331.53In
Call
LABU260116C000860007286.029.9 - 31.922.7In
Call
LABU260116C000850004885.030.1 - 34.127.9In
Call
LABU260116C00084000484.030.7 - 34.716.95In
Call
LABU260116C000830001083.031.4 - 34.824.8In
Call
LABU260116C00082000282.032.1 - 36.129.5In
Call
LABU260116C00081000681.033.5 - 36.114.31In
Call
LABU260116C0008000063180.034.9 - 36.128.92In
Call
LABU260116C00079000379.034.2 - 38.127.07In
Call
LABU260116C000780004178.035.4 - 37.817.95In
Call
LABU260116C00077000477.035.6 - 38.825.2In
Call
LABU260116C00076000376.036.4 - 39.69.45In
Call
LABU260116C000750004475.038.1 - 39.540.61In
Call
LABU260116C00074000674.038.1 - 41.017.57In
Call
LABU260116C00073000973.038.6 - 41.830.43In
Call
LABU260116C000720001572.039.4 - 42.613.65In
Call
LABU260116C00071000571.040.2 - 43.420.0In
Call
LABU260116C0007000017670.041.4 - 43.637.8In
Call
LABU260116C00069000569.041.8 - 44.933.0In
Call
LABU260116C00068000468.042.8 - 45.825.0In
Call
LABU260116C00067000667.043.4 - 46.516.25In
Call
LABU260116C0006600011866.044.8 - 46.539.44In
Call
LABU260116C0006500013065.045.5 - 47.746.6In
Call
LABU260116C00064000964.046.3 - 48.917.45In
Call
LABU260116C000630001063.046.7 - 49.938.5In
Call
LABU260116C00062000362.047.5 - 50.719.1In
Call
LABU260116C000610002961.048.4 - 51.625.98In
Call
LABU260116C0006000017160.050.3 - 51.352.5In
Call
LABU260116C00059000259.050.5 - 53.350.5In
Call
LABU260116C000580003458.051.0 - 54.232.6In
Call
LABU260116C000570001357.052.0 - 55.013.0In
Call
LABU260116C00056000156.053.2 - 55.953.2In
Call
LABU260116C000550005155.053.8 - 56.849.3In
Call
LABU260116C00054000654.054.6 - 57.716.95In
Call
LABU260116C00053000453.055.5 - 58.616.5In
Call
LABU260116C00052000352.056.4 - 59.524.55In
Call
LABU260116C0005000053050.059.2 - 60.252.5In
Call
LABU260116C00049000349.059.2 - 62.320.0In
Call
LABU260116C000480002148.060.0 - 63.250.5In
Call
LABU260116C00047000247.061.0 - 64.161.0In
Call
LABU260116C00046000846.061.9 - 65.061.9In
Call
LABU260116C000450006645.062.8 - 66.052.52In
Call
LABU260116C000440001244.063.9 - 66.924.8In
Call
LABU260116C000420001342.065.7 - 68.823.07In
Call
LABU260116C00041000141.066.5 - 69.830.0In
Call
LABU260116C000400004640.067.6 - 70.741.19In
Call
LABU260116C00038000138.069.5 - 73.426.29In
Call
LABU260116C000370002037.070.4 - 73.922.4In
Call
LABU260116C000360001436.071.9 - 74.232.15In
Call
LABU260116C000350002235.072.8 - 74.847.5In
Call
LABU260116C000340001134.073.6 - 76.434.5In
Call
LABU260116C00033000233.074.3 - 77.474.3In
Call
LABU260116C00032000132.075.3 - 78.429.8In
Call
LABU260116C00031000531.076.2 - 79.476.2In
Call
LABU260116C000300003430.077.7 - 79.953.9In
 Put
LABU260116P002600000260.0150.4 - 151.7150.4In
 Put
LABU260116P002550000255.0144.9 - 147.1144.9In
 Put
LABU260116P002500000250.0140.1 - 142.1140.1In
 Put
LABU260116P002450000245.0135.0 - 137.8162.6In
 Put
LABU260116P00240000207240.0130.5 - 133.2147.75In
 Put
LABU260116P002350000235.0124.8 - 127.1124.8In
 Put
LABU260116P002300000230.0120.3 - 122.2120.3In
 Put
LABU260116P00225000288225.0116.3 - 117.4132.73In
 Put
LABU260116P002200000220.0110.7 - 113.6110.7In
 Put
LABU260116P002150000215.0105.9 - 107.8105.9In
 Put
LABU260116P0021000018210.0101.4 - 103.3125.94In
 Put
LABU260116P001600002160.055.3 - 57.655.3In
 Put
LABU260116P0015000023150.047.5 - 49.147.5In
 Put
LABU260116P001450002145.042.4 - 45.242.4In
 Put
LABU260116P001440007144.041.6 - 44.441.6In
 Put
LABU260116P001410001141.039.4 - 42.039.4In
 Put
LABU260116P00140000585140.039.7 - 41.139.5In
 Put
LABU260116P0013800020138.037.0 - 39.837.0In
 Put
LABU260116P00135000562135.035.2 - 38.050.7In
 Put
LABU260116P001340001134.034.2 - 36.834.2In
 Put
LABU260116P00133000450133.034.0 - 36.148.7In
 Put
LABU260116P0013000010130.032.1 - 34.050.46In
 Put
LABU260116P0012900010129.031.3 - 32.342.8In
 Put
LABU260116P0012500011125.028.6 - 30.660.2In
 Put
LABU260116P001240001124.027.8 - 29.757.3In
 Put
LABU260116P001230001123.026.7 - 29.240.2In
 Put
LABU260116P001220003122.026.3 - 28.640.0In
 Put
LABU260116P001200004120.025.3 - 27.744.45In
 Put
LABU260116P001190001119.024.5 - 27.024.5In
 Put
LABU260116P001170001117.023.1 - 25.623.1In
 Put
LABU260116P0011600010116.022.8 - 24.922.8In
 Put
LABU260116P001150004115.022.2 - 24.241.6In
 Put
LABU260116P001120006112.020.1 - 22.520.1In
 Put
LABU260116P001110002111.019.8 - 20.819.8In
 Put
LABU260116P0011000013110.019.2 - 21.519.63In
 Put
LABU260116P001090001109.018.6 - 20.918.6Out
 Put
LABU260116P001060002106.017.0 - 19.416.75Out
 Put
LABU260116P0010500028105.016.5 - 18.816.93Out
 Put
LABU260116P001040002104.015.9 - 18.315.9Out
 Put
LABU260116P001030004103.015.4 - 17.717.55Out
 Put
LABU260116P001020001102.015.0 - 17.214.75Out
 Put
LABU260116P00100000119100.014.0 - 16.113.7Out
 Put
LABU260116P00099000399.013.4 - 15.622.0Out
 Put
LABU260116P00098000298.013.0 - 15.213.0Out
 Put
LABU260116P00097000197.012.5 - 14.612.5Out
 Put
LABU260116P00096000496.012.0 - 14.513.1Out
 Put
LABU260116P000950002495.011.6 - 14.012.5Out
 Put
LABU260116P00094000294.011.1 - 13.511.1Out
 Put
LABU260116P00093000193.010.4 - 13.110.4Out
 Put
LABU260116P000920001392.010.2 - 12.610.2Out
 Put
LABU260116P00091000491.09.4 - 12.212.02Out
 Put
LABU260116P000900004790.09.6 - 10.711.1Out
 Put
LABU260116P00089000289.08.8 - 11.310.4Out
 Put
LABU260116P00088000488.08.7 - 10.910.0Out
 Put
LABU260116P00087000187.08.5 - 10.526.05Out
 Put
LABU260116P00086000586.08.1 - 10.311.3Out
 Put
LABU260116P000850004585.07.5 - 10.08.5Out
 Put
LABU260116P00083000283.06.6 - 9.46.6Out
 Put
LABU260116P000820006682.06.6 - 9.08.15Out
 Put
LABU260116P000810002981.06.4 - 8.514.59Out
 Put
LABU260116P000800008880.06.2 - 6.96.85Out
 Put
LABU260116P00079000779.05.8 - 6.713.7Out
 Put
LABU260116P00078000478.05.6 - 7.45.49Out
 Put
LABU260116P000770001377.05.3 - 6.15.49Out
 Put
LABU260116P000760002676.05.0 - 6.28.6Out
 Put
LABU260116P000750004175.04.7 - 5.85.1Out
 Put
LABU260116P00074000174.04.3 - 5.65.75Out
 Put
LABU260116P00072000172.03.8 - 4.88.0Out
 Put
LABU260116P000700006170.03.6 - 4.74.0Out
 Put
LABU260116P00069000969.03.3 - 4.78.31Out
 Put
LABU260116P00068000168.03.1 - 3.93.1Out
 Put
LABU260116P00067000267.02.4 - 4.82.4Out
 Put
LABU260116P000660001166.02.85 - 3.417.0Out
 Put
LABU260116P000650008565.02.55 - 3.33.5Out
 Put
LABU260116P000640001264.02.45 - 3.216.0Out
 Put
LABU260116P000630001763.02.15 - 3.27.75Out
 Put
LABU260116P00062000962.02.0 - 3.19.36Out
 Put
LABU260116P000610002561.01.95 - 2.910.5Out
 Put
LABU260116P0006000011660.01.8 - 2.552.4Out
 Put
LABU260116P000590001059.01.75 - 2.451.9Out
 Put
LABU260116P000580001058.01.6 - 2.42.59Out
 Put
LABU260116P000570002657.01.55 - 2.22.82Out
 Put
LABU260116P00056000756.01.35 - 2.151.55Out
 Put
LABU260116P0005500010655.01.3 - 1.91.43Out
 Put
LABU260116P000540001754.01.2 - 1.71.6Out
 Put
LABU260116P00053000153.00.7 - 2.758.48Out
 Put
LABU260116P00052000452.00.4 - 2.04.93Out
 Put
LABU260116P0005000024450.00.85 - 3.11.08Out
 Put
LABU260116P000490002349.00.65 - 1.553.16Out
 Put
LABU260116P00048000848.00.05 - 1.651.55Out
 Put
LABU260116P000470001247.00.1 - 1.61.38Out
 Put
LABU260116P000460001246.00.05 - 1.52.29Out
 Put
LABU260116P0004500019145.00.4 - 1.050.77Out
 Put
LABU260116P00044000644.00.1 - 1.251.11Out
 Put
LABU260116P00043000543.00.05 - 1.22.3Out
 Put
LABU260116P000420001542.00.0 - 1.152.75Out
 Put
LABU260116P00041000441.00.0 - 1.12.33Out
 Put
LABU260116P0004000028140.00.15 - 0.90.57Out
 Put
LABU260116P00039000439.00.0 - 1.051.97Out
 Put
LABU260116P00038000238.00.0 - 1.051.86Out
 Put
LABU260116P00037000737.00.0 - 1.01.19Out
 Put
LABU260116P00036000236.00.05 - 0.80.4Out
 Put
LABU260116P00035000935.00.25 - 0.950.28Out
 Put
LABU260116P000340001334.00.0 - 0.752.3Out
 Put
LABU260116P00033000433.00.1 - 0.851.06Out
 Put
LABU260116P00032000932.00.0 - 0.950.76Out
 Put
LABU260116P000300008130.00.05 - 0.450.11Out
 Put
LABU260116P00029000129.00.0 - 0.750.2Out
 Put
LABU260116P00028000228.00.0 - 0.950.47Out
 Put
LABU260116P00027000827.00.0 - 0.951.14Out
 Put
LABU260116P000250001425.00.0 - 1.150.5Out
 Put
LABU260116P00024000424.00.0 - 1.350.51Out
 Put
LABU260116P00023000323.00.0 - 1.751.07Out
 Put
LABU260116P00022000322.00.0 - 2.151.95Out
 Put
LABU260116P00021000721.00.0 - 2.150.58Out
 Put
LABU260116P0002000012320.00.0 - 2.150.25Out

When determining whether Direxion Daily SP 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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The market value of Direxion Daily SP 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.