LABU251219P00066000 Option on Direxion Daily SP

LABU Etf  USD 123.11  7.94  6.89%   
Direxion Daily's latest option contracts expiring on January 16th 2026 are carrying combined implied volatility of 0.95 with a put-to-call open interest ratio of 0.65 over 253 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on January 16th 2026. The total put volume is at 8.0, with calls trading at the volume of 100.0. This yields a 0.08 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 0.0594% per day over the life of the 2026-01-16 option contract. With Direxion Daily trading at USD 123.11, that is roughly USD 0.0731. 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 0.95%. 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
LABU260116C00260000725260.00.4 - 2.10.8Out
Call
LABU260116C00255000416255.01.1 - 2.21.7Out
Call
LABU260116C00250000164250.01.2 - 2.42.4Out
Call
LABU260116C0024500026245.01.35 - 3.92.35Out
Call
LABU260116C0024000071240.01.5 - 3.90.76Out
Call
LABU260116C002350008235.01.65 - 4.00.81Out
Call
LABU260116C0023000016230.01.85 - 4.22.4Out
Call
LABU260116C0022500086225.02.0 - 4.61.0Out
Call
LABU260116C0022000010220.01.9 - 3.53.4Out
Call
LABU260116C0021500014215.02.4 - 5.12.4Out
Call
LABU260116C0021000033210.02.8 - 5.81.3Out
Call
LABU260116C002050008205.02.65 - 5.81.43Out
Call
LABU260116C00200000114200.03.4 - 5.43.9Out
Call
LABU260116C0019500013195.03.4 - 6.91.91Out
Call
LABU260116C001900007190.04.0 - 6.42.77Out
Call
LABU260116C0018500029185.04.6 - 7.15.63Out
Call
LABU260116C0018000091180.05.2 - 8.53.0Out
Call
LABU260116C0017500016175.05.8 - 8.86.83Out
Call
LABU260116C0017000026170.06.5 - 9.68.1Out
Call
LABU260116C0016500055165.07.4 - 10.56.85Out
Call
LABU260116C0016000058160.08.3 - 11.110.0Out
Call
LABU260116C0015500036155.09.4 - 12.511.4Out
Call
LABU260116C00150000452150.010.6 - 13.512.3Out
Call
LABU260116C0014500058145.012.7 - 14.111.0Out
Call
LABU260116C001440002144.012.0 - 15.30.85Out
Call
LABU260116C001430001143.012.4 - 14.613.31Out
Call
LABU260116C00140000112140.013.3 - 16.613.0Out
Call
LABU260116C0013900036139.013.6 - 16.43.9Out
Call
LABU260116C001380002138.014.1 - 16.315.0Out
Call
LABU260116C0013700015137.014.6 - 16.812.2Out
Call
LABU260116C001360003136.014.5 - 17.92.05Out
Call
LABU260116C00135000144135.015.1 - 18.212.7Out
Call
LABU260116C001340002134.015.3 - 18.616.56Out
Call
LABU260116C001330004133.015.6 - 18.68.6Out
Call
LABU260116C001320007132.016.3 - 19.016.3Out
Call
LABU260116C001310002131.016.4 - 19.311.7Out
Call
LABU260116C00130000119130.016.3 - 19.218.26Out
Call
LABU260116C001290008129.017.3 - 19.820.7Out
Call
LABU260116C001280003128.017.9 - 20.521.42Out
Call
LABU260116C001270003127.018.1 - 20.815.1Out
Call
LABU260116C001260001126.018.2 - 21.318.2Out
Call
LABU260116C0012500091125.018.7 - 21.315.65Out
Call
LABU260116C0012400010124.019.1 - 22.122.68Out
Call
LABU260116C001230005123.019.7 - 22.523.6Out
Call
LABU260116C0012200046122.020.4 - 23.011.38In
Call
LABU260116C001210001121.019.6 - 23.519.6In
Call
LABU260116C00120000157120.021.0 - 23.722.53In
Call
LABU260116C001190009119.021.3 - 24.721.3In
Call
LABU260116C001180007118.021.8 - 25.119.9In
Call
LABU260116C0011700018117.023.0 - 25.319.65In
Call
LABU260116C001160006116.022.8 - 25.819.8In
Call
LABU260116C00115000147115.023.8 - 26.624.0In
Call
LABU260116C001140003114.024.7 - 27.12.55In
Call
LABU260116C001130002113.023.4 - 27.219.2In
Call
LABU260116C001120003112.024.0 - 27.928.5In
Call
LABU260116C001110002111.025.3 - 28.418.65In
Call
LABU260116C00110000140110.025.9 - 29.026.27In
Call
LABU260116C001090006109.025.6 - 29.619.8In
Call
LABU260116C001080003108.027.3 - 30.120.9In
Call
LABU260116C001070008107.027.5 - 30.418.5In
Call
LABU260116C001060002106.028.1 - 31.228.1In
Call
LABU260116C00105000124105.029.1 - 31.924.0In
Call
LABU260116C0010400018104.028.5 - 32.533.0In
Call
LABU260116C001030008103.029.9 - 33.026.87In
Call
LABU260116C001020004102.030.5 - 33.630.5In
Call
LABU260116C0010100012101.031.2 - 34.123.55In
Call
LABU260116C00100000206100.031.8 - 34.631.8In
Call
LABU260116C000990001799.032.6 - 35.822.1In
Call
LABU260116C000980003098.032.3 - 36.327.45In
Call
LABU260116C00097000197.032.9 - 36.77.7In
Call
LABU260116C000960001096.033.6 - 37.526.8In
Call
LABU260116C0009500016395.034.3 - 38.336.2In
Call
LABU260116C00094000794.034.9 - 38.819.2In
Call
LABU260116C00093000593.035.5 - 39.614.8In
Call
LABU260116C000920003292.036.2 - 40.323.3In
Call
LABU260116C000910001591.037.1 - 40.519.75In
Call
LABU260116C0009000011090.037.6 - 41.737.12In
Call
LABU260116C000890003089.038.3 - 42.430.49In
Call
LABU260116C000880002088.039.8 - 42.938.22In
Call
LABU260116C00087000387.040.5 - 43.641.0In
Call
LABU260116C000860006186.040.8 - 44.643.6In
Call
LABU260116C000850004585.041.9 - 45.030.4In
Call
LABU260116C00084000484.042.7 - 45.816.95In
Call
LABU260116C000830001083.042.8 - 46.824.8In
Call
LABU260116C00082000282.044.2 - 47.329.5In
Call
LABU260116C00081000681.045.0 - 48.114.31In
Call
LABU260116C0008000062880.046.0 - 48.840.01In
Call
LABU260116C00079000379.045.9 - 49.927.07In
Call
LABU260116C000780004178.047.4 - 50.448.82In
Call
LABU260116C00077000477.048.1 - 51.235.6In
Call
LABU260116C00076000376.048.2 - 52.29.45In
Call
LABU260116C000750004275.049.0 - 52.637.3In
Call
LABU260116C00074000674.050.0 - 53.645.4In
Call
LABU260116C00073000973.050.7 - 54.630.43In
Call
LABU260116C000720001572.051.6 - 55.513.65In
Call
LABU260116C00071000571.052.4 - 56.320.0In
Call
LABU260116C0007000017670.053.9 - 56.848.8In
Call
LABU260116C00069000469.054.0 - 58.041.5In
Call
LABU260116C00068000468.055.0 - 58.925.0In
Call
LABU260116C00067000667.055.9 - 59.716.25In
Call
LABU260116C0006600011566.056.8 - 60.639.44In
Call
LABU260116C0006500012965.057.6 - 61.544.9In
Call
LABU260116C00064000964.058.5 - 62.417.45In
Call
LABU260116C00063000763.059.3 - 63.259.9In
Call
LABU260116C00062000362.060.2 - 64.119.1In
Call
LABU260116C000610002961.061.3 - 65.025.98In
Call
LABU260116C0006000017060.062.0 - 65.952.5In
Call
LABU260116C00059000259.062.9 - 66.862.9In
Call
LABU260116C000580003458.063.8 - 67.732.6In
Call
LABU260116C00057000857.064.8 - 68.751.85In
Call
LABU260116C00056000156.065.7 - 69.665.7In
Call
LABU260116C000550005155.066.7 - 70.549.3In
Call
LABU260116C00054000654.067.7 - 71.459.02In
Call
LABU260116C00053000453.068.5 - 72.416.5In
Call
LABU260116C00052000352.069.5 - 73.424.55In
Call
LABU260116C0005000052950.072.1 - 75.257.0In
Call
LABU260116C00049000349.072.4 - 76.220.0In
Call
LABU260116C000480001848.073.3 - 77.269.73In
Call
LABU260116C00047000247.074.3 - 78.274.3In
Call
LABU260116C00046000746.075.2 - 79.175.2In
Call
LABU260116C000450006645.076.3 - 80.152.52In
Call
LABU260116C000440001144.077.2 - 81.124.8In
Call
LABU260116C00043000143.078.1 - 82.179.6In
Call
LABU260116C000420001342.079.1 - 83.123.07In
Call
LABU260116C00041000141.080.1 - 84.130.0In
Call
LABU260116C000400004640.081.1 - 85.141.19In
Call
LABU260116C000370002037.084.0 - 88.122.4In
Call
LABU260116C00036000836.085.0 - 89.132.15In
Call
LABU260116C000350002235.086.1 - 90.147.5In
Call
LABU260116C00033000233.088.1 - 92.188.1In
Call
LABU260116C00031000531.090.0 - 93.990.0In
Call
LABU260116C000300003430.091.3 - 94.991.08In
 Put
LABU260116P002600000260.0136.4 - 140.0136.4In
 Put
LABU260116P002550000255.0131.6 - 135.0131.6In
 Put
LABU260116P002500000250.0126.7 - 130.5126.7In
 Put
LABU260116P002450000245.0121.9 - 125.5162.6In
 Put
LABU260116P00240000207240.0117.1 - 120.5147.75In
 Put
LABU260116P002350000235.0112.3 - 116.0112.3In
 Put
LABU260116P002300000230.0107.5 - 111.0107.5In
 Put
LABU260116P00225000288225.0102.8 - 106.5132.73In
 Put
LABU260116P002200000220.097.9 - 101.597.9In
 Put
LABU260116P002150000215.093.2 - 97.093.2In
 Put
LABU260116P0021000018210.088.5 - 92.5125.94In
 Put
LABU260116P001600002160.045.3 - 48.445.3In
 Put
LABU260116P0015000028150.037.4 - 41.043.0In
 Put
LABU260116P001450002145.033.8 - 37.533.8In
 Put
LABU260116P001440007144.033.0 - 36.533.0In
 Put
LABU260116P001410001141.030.9 - 34.530.9In
 Put
LABU260116P00140000582140.030.4 - 33.538.2In
 Put
LABU260116P0013800020138.029.0 - 32.129.0In
 Put
LABU260116P00135000562135.027.1 - 30.150.7In
 Put
LABU260116P001340001134.026.3 - 30.026.3In
 Put
LABU260116P00133000450133.025.8 - 28.848.7In
 Put
LABU260116P0013000010130.023.8 - 27.550.46In
 Put
LABU260116P0012900011129.023.0 - 26.325.0In
 Put
LABU260116P0012500011125.020.9 - 23.660.2In
 Put
LABU260116P001240001124.019.9 - 23.757.3In
 Put
LABU260116P001230001123.019.7 - 22.940.2Out
 Put
LABU260116P001220003122.019.2 - 22.240.0Out
 Put
LABU260116P001200009120.019.0 - 21.120.33Out
 Put
LABU260116P001190001119.017.5 - 21.017.5Out
 Put
LABU260116P001170001117.016.5 - 19.616.5Out
 Put
LABU260116P0011600010116.016.0 - 19.116.0Out
 Put
LABU260116P001150005115.015.7 - 19.018.2Out
 Put
LABU260116P001140002114.015.1 - 18.419.6Out
 Put
LABU260116P001130001113.014.7 - 18.016.85Out
 Put
LABU260116P001120006112.014.0 - 17.514.0Out
 Put
LABU260116P001110002111.013.7 - 16.813.7Out
 Put
LABU260116P0011000014110.013.2 - 16.315.93Out
 Put
LABU260116P001090001109.012.9 - 15.912.9Out
 Put
LABU260116P001080001108.012.3 - 15.416.9Out
 Put
LABU260116P001070001107.011.9 - 15.014.7Out
 Put
LABU260116P001060004106.011.5 - 14.618.5Out
 Put
LABU260116P0010500026105.011.1 - 14.013.67Out
 Put
LABU260116P001040002104.010.8 - 13.815.7Out
 Put
LABU260116P001030004103.010.3 - 13.413.4Out
 Put
LABU260116P001020001102.010.0 - 13.014.89Out
 Put
LABU260116P001010003101.09.4 - 12.713.35Out
 Put
LABU260116P00100000126100.09.8 - 12.513.0Out
 Put
LABU260116P00099000399.08.7 - 12.022.0Out
 Put
LABU260116P00098000298.08.4 - 11.58.4Out
 Put
LABU260116P00097000197.08.0 - 11.58.0Out
 Put
LABU260116P00096000496.07.6 - 10.913.1Out
 Put
LABU260116P000950003095.08.1 - 10.99.11Out
 Put
LABU260116P00094000294.07.1 - 10.27.1Out
 Put
LABU260116P00093000193.06.5 - 10.36.5Out
 Put
LABU260116P000920001392.06.4 - 9.56.4Out
 Put
LABU260116P00091000491.06.1 - 9.49.5Out
 Put
LABU260116P000900004190.05.9 - 8.88.3Out
 Put
LABU260116P00089000289.05.6 - 8.68.96Out
 Put
LABU260116P00088000488.05.2 - 8.310.0Out
 Put
LABU260116P00087000187.05.0 - 8.026.05Out
 Put
LABU260116P00086000586.04.7 - 8.211.3Out
 Put
LABU260116P000850004585.04.5 - 7.77.7Out
 Put
LABU260116P00083000283.04.0 - 7.54.0Out
 Put
LABU260116P000820006682.03.6 - 6.88.15Out
 Put
LABU260116P000810002981.04.5 - 6.914.59Out
 Put
LABU260116P000800007680.03.6 - 6.75.21Out
 Put
LABU260116P00079000779.04.0 - 6.113.7Out
 Put
LABU260116P00078000478.03.2 - 5.95.49Out
 Put
LABU260116P000770001377.03.1 - 5.75.49Out
 Put
LABU260116P000760002576.02.7 - 5.98.6Out
 Put
LABU260116P000750004175.02.5 - 5.25.1Out
 Put
LABU260116P00074000174.02.85 - 5.55.75Out
 Put
LABU260116P00072000172.02.4 - 5.28.0Out
 Put
LABU260116P000700006070.01.95 - 4.33.9Out
 Put
LABU260116P00069000969.01.85 - 4.78.31Out
 Put
LABU260116P00068000168.01.25 - 4.01.25Out
 Put
LABU260116P00067000267.01.65 - 4.41.65Out
 Put
LABU260116P000660001166.00.9 - 4.317.0Out
 Put
LABU260116P000650008665.01.0 - 2.952.5Out
 Put
LABU260116P000640001264.01.4 - 3.716.0Out
 Put
LABU260116P000630001763.00.7 - 3.27.75Out
 Put
LABU260116P00062000962.01.15 - 3.69.36Out
 Put
LABU260116P000610002561.00.9 - 3.72.3Out
 Put
LABU260116P0006000011860.00.75 - 3.61.88Out
 Put
LABU260116P00059000959.00.85 - 3.51.9Out
 Put
LABU260116P000580001058.00.75 - 3.32.59Out
 Put
LABU260116P000570002657.00.6 - 3.21.4Out
 Put
LABU260116P00056000756.00.5 - 3.21.55Out
 Put
LABU260116P0005500010555.00.55 - 3.21.1Out
 Put
LABU260116P000540001754.00.9 - 3.11.6Out
 Put
LABU260116P00053000153.00.35 - 3.08.48Out
 Put
LABU260116P00052000452.00.15 - 2.91.5Out
 Put
LABU260116P0005000023950.00.3 - 2.01.0Out
 Put
LABU260116P000490002349.00.2 - 1.950.8Out
 Put
LABU260116P00048000848.00.2 - 2.11.55Out
 Put
LABU260116P000470001247.00.0 - 2.651.16Out
 Put
LABU260116P000460001246.00.05 - 2.62.29Out
 Put
LABU260116P0004500019145.00.05 - 1.80.6Out
 Put
LABU260116P00044000544.00.0 - 2.51.23Out
 Put
LABU260116P00043000543.00.0 - 2.452.3Out
 Put
LABU260116P000420001542.00.0 - 2.452.75Out
 Put
LABU260116P00041000441.00.0 - 2.42.33Out
 Put
LABU260116P0004000028340.00.05 - 1.650.25Out
 Put
LABU260116P00039000439.00.0 - 2.351.97Out
 Put
LABU260116P00038000238.00.0 - 2.31.86Out
 Put
LABU260116P00037000737.00.0 - 2.31.19Out
 Put
LABU260116P00036000236.00.0 - 2.30.4Out
 Put
LABU260116P00035000935.00.0 - 2.250.28Out
 Put
LABU260116P000340001034.00.0 - 2.250.25Out
 Put
LABU260116P00033000433.00.0 - 2.21.06Out
 Put
LABU260116P00032000932.00.0 - 2.20.76Out
 Put
LABU260116P000300008330.00.0 - 0.750.11Out
 Put
LABU260116P00029000129.00.0 - 2.20.2Out
 Put
LABU260116P00028000228.00.0 - 2.150.47Out
 Put
LABU260116P00027000827.00.0 - 2.151.14Out
 Put
LABU260116P000250001425.00.0 - 2.150.5Out
 Put
LABU260116P00024000424.00.0 - 2.150.51Out
 Put
LABU260116P00023000323.00.0 - 2.151.07Out
 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.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
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.