TECL251219P00102000 Option on Direxion Daily Technology
| TECL Etf | USD 120.35 0.96 0.80% |
TECL251219P00102000 is a PUT option contract on Direxion Daily's common stock with a strick price of 102.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 83 days remaining before the expiration. The option is currently trading at a bid price of $6.9, and an ask price of $8.9. The implied volatility as of the 27th of September is 83.0.
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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 2025-12-19 Option Contract
The options market is anticipating that Direxion Daily Technology will have an average daily up or down price movement of about 0.0468% per day over the life of the option. With Direxion Daily trading at USD 120.35, that is roughly USD 0.0564. If you think that the market is fully understating Direxion Daily's daily price movement you should consider buying Direxion Daily Technology options at that current volatility level of 0.75%. 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 Name | TECL251219P00102000 |
| Expires On | 2025-12-19 |
| Days Before Expriration | 83 |
| Vega | 0.183628 |
| Gamma | 0.007466 |
| Theoretical Value | 7.9 |
| Open Interest | 22 |
| Strike Price | 102.0 |
| Last Traded At | 9.0 |
| Current Price Spread | 6.9 | 8.9 |
| Rule 16 Daily Up or Down | USD 0.0564 |
Direxion short PUT Option Greeks
Direxion Daily's Option Greeks for the contract ending on 2025-12-19 at a strike price of 102.0 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 | -0.253425 | |
| Gamma | 0.007466 | |
| Theta | -0.079039 | |
| Vega | 0.183628 | |
| Rho | -0.076697 |
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 94.1 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 102.0, the payoff chart is constant and positive.
Profit |
| Direxion Daily Price At Expiration |
Direxion Daily Technology 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 Int | Strike Price | Current Spread | Last Price | |||
Put | TECL251219P00180000 | 0 | 180.0 | 59.2 - 61.3 | 59.2 | In |
Put | TECL251219P00175000 | 0 | 175.0 | 54.2 - 56.1 | 54.2 | In |
Put | TECL251219P00170000 | 0 | 170.0 | 49.8 - 52.1 | 49.8 | In |
Put | TECL251219P00165000 | 0 | 165.0 | 44.8 - 47.9 | 44.8 | In |
Put | TECL251219P00160000 | 0 | 160.0 | 40.4 - 43.3 | 40.4 | In |
Put | TECL251219P00155000 | 0 | 155.0 | 35.5 - 39.0 | 35.5 | In |
Put | TECL251219P00150000 | 0 | 150.0 | 32.0 - 35.0 | 32.0 | In |
Put | TECL251219P00145000 | 0 | 145.0 | 28.1 - 30.8 | 28.1 | In |
Put | TECL251219P00140000 | 426 | 140.0 | 25.2 - 26.1 | 31.0 | In |
Put | TECL251219P00135000 | 0 | 135.0 | 21.8 - 23.8 | 21.8 | In |
Put | TECL251219P00130000 | 600 | 130.0 | 18.7 - 21.3 | 24.0 | In |
Put | TECL251219P00125000 | 12 | 125.0 | 15.9 - 18.5 | 15.5 | In |
Put | TECL251219P00120000 | 16 | 120.0 | 13.4 - 16.0 | 15.5 | Out |
Put | TECL251219P00116000 | 7 | 116.0 | 11.6 - 14.2 | 13.5 | Out |
Put | TECL251219P00115000 | 319 | 115.0 | 11.3 - 12.7 | 13.5 | Out |
Put | TECL251219P00111000 | 1 | 111.0 | 9.7 - 12.4 | 10.2 | Out |
Put | TECL251219P00110000 | 43 | 110.0 | 9.4 - 10.9 | 9.5 | Out |
Put | TECL251219P00109000 | 43 | 109.0 | 9.0 - 10.2 | 8.6 | Out |
Put | TECL251219P00108000 | 1 | 108.0 | 8.7 - 9.9 | 7.9 | Out |
Put | TECL251219P00105000 | 42 | 105.0 | 7.8 - 10.3 | 7.43 | Out |
Put | TECL251219P00104000 | 2 | 104.0 | 7.5 - 9.9 | 10.6 | Out |
Put | TECL251219P00102000 | 22 | 102.0 | 6.9 - 8.9 | 9.0 | Out |
Put | TECL251219P00101000 | 1 | 101.0 | 6.7 - 7.3 | 6.58 | Out |
Put | TECL251219P00100000 | 36 | 100.0 | 6.5 - 8.8 | 7.2 | Out |
Put | TECL251219P00099000 | 2 | 99.0 | 6.2 - 7.2 | 8.4 | Out |
Put | TECL251219P00098000 | 2 | 98.0 | 5.9 - 8.2 | 9.5 | Out |
Put | TECL251219P00097000 | 2 | 97.0 | 5.7 - 8.3 | 7.52 | Out |
Put | TECL251219P00096000 | 1 | 96.0 | 5.5 - 6.0 | 6.2 | Out |
Put | TECL251219P00095000 | 19 | 95.0 | 5.3 - 6.2 | 7.43 | Out |
Put | TECL251219P00094000 | 4 | 94.0 | 5.1 - 6.1 | 4.7 | Out |
Put | TECL251219P00093000 | 3 | 93.0 | 4.8 - 7.2 | 6.2 | Out |
Put | TECL251219P00092000 | 1 | 92.0 | 4.6 - 5.7 | 11.0 | Out |
Put | TECL251219P00091000 | 3 | 91.0 | 4.5 - 6.8 | 10.4 | Out |
Put | TECL251219P00090000 | 56 | 90.0 | 4.3 - 5.5 | 5.0 | Out |
Put | TECL251219P00089000 | 31 | 89.0 | 4.1 - 4.6 | 5.4 | Out |
Put | TECL251219P00087000 | 63 | 87.0 | 3.7 - 4.4 | 4.38 | Out |
Put | TECL251219P00086000 | 8 | 86.0 | 3.6 - 4.3 | 7.0 | Out |
Put | TECL251219P00085000 | 22 | 85.0 | 3.4 - 4.1 | 3.4 | Out |
Put | TECL251219P00083000 | 6 | 83.0 | 3.1 - 3.8 | 9.8 | Out |
Put | TECL251219P00082000 | 13 | 82.0 | 2.95 - 4.0 | 5.93 | Out |
Put | TECL251219P00081000 | 6 | 81.0 | 2.85 - 3.6 | 2.85 | Out |
Put | TECL251219P00080000 | 89 | 80.0 | 2.7 - 3.5 | 3.75 | Out |
Put | TECL251219P00079000 | 6 | 79.0 | 2.6 - 3.4 | 7.0 | Out |
Put | TECL251219P00077000 | 12 | 77.0 | 2.35 - 2.95 | 3.43 | Out |
Put | TECL251219P00076000 | 3 | 76.0 | 2.25 - 2.85 | 7.45 | Out |
Put | TECL251219P00075000 | 17 | 75.0 | 2.15 - 2.45 | 2.7 | Out |
Put | TECL251219P00074000 | 1 | 74.0 | 2.0 - 2.6 | 2.1 | Out |
Put | TECL251219P00073000 | 1 | 73.0 | 1.9 - 2.55 | 1.95 | Out |
Put | TECL251219P00072000 | 1 | 72.0 | 1.8 - 2.5 | 6.11 | Out |
Put | TECL251219P00071000 | 10 | 71.0 | 1.75 - 2.05 | 4.3 | Out |
Put | TECL251219P00070000 | 22 | 70.0 | 1.65 - 1.95 | 1.82 | Out |
Put | TECL251219P00069000 | 17 | 69.0 | 1.5 - 2.85 | 1.8 | Out |
Put | TECL251219P00068000 | 3 | 68.0 | 1.45 - 1.9 | 1.8 | Out |
Put | TECL251219P00067000 | 5 | 67.0 | 1.4 - 1.75 | 1.45 | Out |
Put | TECL251219P00066000 | 23 | 66.0 | 1.3 - 1.7 | 4.0 | Out |
Put | TECL251219P00065000 | 14 | 65.0 | 1.2 - 1.55 | 1.64 | Out |
Put | TECL251219P00063000 | 10 | 63.0 | 1.05 - 1.6 | 1.5 | Out |
Put | TECL251219P00062000 | 61 | 62.0 | 0.6 - 2.5 | 4.15 | Out |
Put | TECL251219P00061000 | 52 | 61.0 | 0.75 - 3.3 | 0.75 | Out |
Put | TECL251219P00060000 | 45 | 60.0 | 0.7 - 1.7 | 2.15 | Out |
Put | TECL251219P00059000 | 8 | 59.0 | 0.0 - 2.45 | 0.95 | Out |
Put | TECL251219P00058000 | 1 | 58.0 | 0.35 - 3.1 | 1.4 | Out |
Put | TECL251219P00057000 | 1 | 57.0 | 0.3 - 3.1 | 4.8 | Out |
Put | TECL251219P00056000 | 131 | 56.0 | 0.45 - 1.0 | 1.15 | Out |
Put | TECL251219P00055000 | 3 | 55.0 | 0.4 - 1.65 | 1.0 | Out |
Put | TECL251219P00054000 | 3 | 54.0 | 0.15 - 2.15 | 0.15 | Out |
Put | TECL251219P00053000 | 1 | 53.0 | 0.0 - 1.6 | 1.86 | Out |
Put | TECL251219P00052000 | 7 | 52.0 | 0.0 - 1.55 | 3.81 | Out |
Put | TECL251219P00051000 | 1 | 51.0 | 0.2 - 1.55 | 0.2 | Out |
Put | TECL251219P00050000 | 75 | 50.0 | 0.0 - 1.3 | 0.65 | Out |
Put | TECL251219P00049000 | 2 | 49.0 | 0.0 - 2.05 | 2.89 | Out |
Put | TECL251219P00048000 | 1 | 48.0 | 0.0 - 1.45 | 1.97 | Out |
Put | TECL251219P00046000 | 12 | 46.0 | 0.0 - 2.45 | 2.34 | Out |
Put | TECL251219P00045000 | 12 | 45.0 | 0.0 - 1.75 | 1.75 | Out |
Put | TECL251219P00043000 | 2 | 43.0 | 0.0 - 0.75 | 0.4 | Out |
Put | TECL251219P00042000 | 21 | 42.0 | 0.0 - 0.75 | 0.4 | Out |
Put | TECL251219P00040000 | 18 | 40.0 | 0.0 - 0.75 | 1.35 | Out |
Put | TECL251219P00039000 | 21 | 39.0 | 0.0 - 0.75 | 1.3 | Out |
Put | TECL251219P00038000 | 3 | 38.0 | 0.0 - 0.75 | 1.95 | Out |
Put | TECL251219P00035000 | 12 | 35.0 | 0.0 - 0.75 | 0.6 | Out |
Put | TECL251219P00030000 | 11 | 30.0 | 0.0 - 1.45 | 0.82 | Out |
Put | TECL251219P00028000 | 1 | 28.0 | 0.0 - 0.75 | 0.4 | Out |
Put | TECL251219P00025000 | 5 | 25.0 | 0.0 - 2.0 | 0.21 | Out |
Put | TECL251219P00024000 | 1 | 24.0 | 0.0 - 0.95 | 0.29 | Out |
Put | TECL251219P00020000 | 6 | 20.0 | 0.0 - 0.95 | 0.6 | Out |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Daily Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in private. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Direxion Daily Technology 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.