TECL251219P00098000 Option on Direxion Daily Technology

TECL Etf  USD 129.01  2.64  2.01%   
Direxion Daily's latest option contracts expiring on January 16th 2026 are carrying combined implied volatility of 0.85 with a put-to-call open interest ratio of 0.35 over 198 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on January 16th 2026. The total put volume is at 16.0, with calls trading at the volume of 26.0. This yields a 0.62 put-to-call volume ratio.

Open Interest Against January 16th 2026 Option Contracts

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

Direxion Daily's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, 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 Technology In The Money Call Balance

When Direxion Daily's strike price is surpassing the current stock price, the option contract against Direxion Daily Technology 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 Technology 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 Technology will have an average daily up or down price movement of about 0.0531% per day over the life of the 2026-01-16 option contract. With Direxion Daily trading at USD 129.01, that is roughly USD 0.0685. If you think that the market is fully incorporating Direxion Daily's daily price movement you should consider buying Direxion Daily Technology options at the current volatility level of 0.85%. 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 Technology 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 Technology 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
TECL260116C00185000102185.02.65 - 3.13.26Out
Call
TECL260116C001800000180.01.3 - 3.81.3Out
Call
TECL260116C001750000175.01.95 - 4.41.95Out
Call
TECL260116C001700000170.02.75 - 5.22.75Out
Call
TECL260116C001650004165.03.8 - 6.26.2Out
Call
TECL260116C00160000259160.06.4 - 7.18.0Out
Call
TECL260116C0015500027155.07.7 - 8.39.5Out
Call
TECL260116C00150000574150.09.2 - 9.710.5Out
Call
TECL260116C0014500026145.010.7 - 11.313.24Out
Call
TECL260116C0014000095140.012.7 - 13.215.5Out
Call
TECL260116C0013500045135.014.9 - 15.414.21Out
Call
TECL260116C00130000137130.017.2 - 17.819.25Out
Call
TECL260116C0012500086125.019.7 - 20.418.5In
Call
TECL260116C00120000308120.022.5 - 23.323.64In
Call
TECL260116C00115000369115.025.2 - 26.426.1In
Call
TECL260116C0011400091114.026.3 - 28.418.83In
Call
TECL260116C0011300015113.025.3 - 27.618.11In
Call
TECL260116C0011200014112.026.2 - 28.219.73In
Call
TECL260116C0011100031111.028.2 - 28.921.64In
Call
TECL260116C00110000672110.027.8 - 29.633.0In
Call
TECL260116C0010900017109.029.5 - 30.326.96In
Call
TECL260116C001080008108.030.3 - 31.120.92In
Call
TECL260116C001070005107.031.0 - 31.731.0In
Call
TECL260116C0010600016106.031.3 - 32.618.5In
Call
TECL260116C00105000692105.032.4 - 34.036.15In
Call
TECL260116C00104000244104.032.6 - 33.824.3In
Call
TECL260116C0010300011103.033.7 - 34.724.65In
Call
TECL260116C00102000115102.034.0 - 35.429.9In
Call
TECL260116C0010100041101.035.2 - 36.230.93In
Call
TECL260116C001000001551100.036.1 - 36.840.29In
Call
TECL260116C000990002299.036.9 - 37.634.17In
Call
TECL260116C000980001898.037.3 - 38.513.45In
Call
TECL260116C0009700017197.037.9 - 39.715.5In
Call
TECL260116C000960008896.037.8 - 39.825.57In
Call
TECL260116C0009500061595.038.5 - 40.742.0In
Call
TECL260116C000940003294.040.3 - 41.416.4In
Call
TECL260116C000930001093.041.4 - 43.220.3In
Call
TECL260116C00092000592.041.7 - 44.324.52In
Call
TECL260116C000910003391.042.8 - 44.722.44In
Call
TECL260116C0009000018790.043.9 - 46.347.83In
Call
TECL260116C00089000589.043.8 - 46.122.55In
Call
TECL260116C000880001088.045.2 - 47.029.45In
Call
TECL260116C000870008587.046.1 - 47.740.3In
Call
TECL260116C00086000686.046.5 - 49.419.25In
Call
TECL260116C0008500023985.048.0 - 48.748.7In
Call
TECL260116C00084000884.048.0 - 51.238.06In
Call
TECL260116C00083000483.048.4 - 51.922.18In
Call
TECL260116C00082000382.049.7 - 52.935.1In
Call
TECL260116C000810003681.051.3 - 53.751.3In
Call
TECL260116C0008000044280.052.2 - 53.454.5In
Call
TECL260116C00079000979.052.7 - 55.432.65In
Call
TECL260116C000780005778.053.4 - 55.354.2In
Call
TECL260116C000770001577.053.9 - 57.134.68In
Call
TECL260116C000760001476.054.4 - 58.130.78In
Call
TECL260116C0007500019175.056.0 - 58.858.34In
Call
TECL260116C00074000974.056.2 - 59.717.51In
Call
TECL260116C000730001073.057.0 - 60.730.33In
Call
TECL260116C000720001772.057.9 - 61.561.15In
Call
TECL260116C00071000871.059.0 - 61.261.7In
Call
TECL260116C0007000015870.061.1 - 63.466.5In
Call
TECL260116C00069000769.061.7 - 63.153.77In
Call
TECL260116C000680002468.062.8 - 65.150.04In
Call
TECL260116C000670002367.063.5 - 65.353.6In
Call
TECL260116C000660001566.063.7 - 67.055.07In
Call
TECL260116C0006500010865.065.6 - 67.269.98In
Call
TECL260116C00064000964.065.3 - 68.742.32In
Call
TECL260116C000630001963.067.0 - 69.550.29In
Call
TECL260116C000620004062.067.6 - 70.660.47In
Call
TECL260116C000610006361.069.2 - 71.054.06In
Call
TECL260116C0006000019860.070.0 - 71.075.15In
Call
TECL260116C000590001459.070.8 - 73.345.46In
Call
TECL260116C000580005258.071.9 - 74.350.11In
Call
TECL260116C000570005757.072.8 - 75.251.61In
Call
TECL260116C000560003656.073.3 - 76.071.09In
Call
TECL260116C000550003555.074.7 - 77.076.31In
Call
TECL260116C00054000554.074.4 - 78.053.91In
Call
TECL260116C000530002853.075.3 - 78.954.82In
Call
TECL260116C0005200022152.076.9 - 79.774.5In
Call
TECL260116C000510001051.077.2 - 79.956.06In
Call
TECL260116C0005000059950.079.5 - 80.173.0In
Call
TECL260116C00049000549.079.1 - 82.156.9In
Call
TECL260116C000480001848.080.1 - 83.659.04In
Call
TECL260116C000470001047.081.0 - 84.659.71In
Call
TECL260116C000460001446.083.0 - 85.460.65In
Call
TECL260116C000450003845.083.9 - 86.161.85In
Call
TECL260116C000440004844.085.0 - 87.262.81In
Call
TECL260116C000430003343.084.8 - 88.363.55In
Call
TECL260116C00042000742.085.8 - 89.564.47In
Call
TECL260116C000410002341.086.8 - 90.365.51In
Call
TECL260116C0004000023540.087.7 - 91.384.12In
Call
TECL260116C000390007339.088.7 - 92.467.67In
Call
TECL260116C0003800025538.089.7 - 93.274.0In
Call
TECL260116C00037000337.090.6 - 94.290.6In
Call
TECL260116C00036000236.091.6 - 95.291.6In
Call
TECL260116C0003500017435.092.6 - 96.168.42In
Call
TECL260116C00033000133.094.5 - 98.094.5In
Call
TECL260116C000310005031.096.5 - 100.296.5In
Call
TECL260116C000300001230.097.5 - 101.093.76In
Call
TECL260116C000250006725.0102.4 - 106.085.79In
Call
TECL260116C000200001520.0107.3 - 110.985.03In
 Put
TECL260116P001850000185.055.9 - 59.455.9In
 Put
TECL260116P001800000180.052.4 - 54.852.4In
 Put
TECL260116P001750000175.047.8 - 50.847.8In
 Put
TECL260116P001700000170.042.9 - 46.342.9In
 Put
TECL260116P001650000165.039.2 - 42.039.2In
 Put
TECL260116P001600000160.035.9 - 38.135.9In
 Put
TECL260116P001550000155.032.8 - 33.432.8In
 Put
TECL260116P001500004150.029.3 - 29.929.3In
 Put
TECL260116P001450003145.025.9 - 26.724.5In
 Put
TECL260116P001400000140.022.8 - 24.421.3In
 Put
TECL260116P001300001130.017.3 - 19.116.9In
 Put
TECL260116P001250007125.015.1 - 16.513.7Out
 Put
TECL260116P0012000015120.012.9 - 13.814.3Out
 Put
TECL260116P0011500037115.011.1 - 11.610.45Out
 Put
TECL260116P001130001113.010.4 - 10.99.65Out
 Put
TECL260116P001120002112.09.7 - 11.110.06Out
 Put
TECL260116P001110001111.09.7 - 11.811.05Out
 Put
TECL260116P0011000026110.09.5 - 9.99.97Out
 Put
TECL260116P001090003109.09.2 - 9.620.8Out
 Put
TECL260116P001080003108.08.9 - 9.48.4Out
 Put
TECL260116P001070002107.08.5 - 9.08.5Out
 Put
TECL260116P001060001106.08.1 - 8.98.1Out
 Put
TECL260116P0010500028105.07.8 - 8.610.26Out
 Put
TECL260116P0010400011104.07.6 - 9.213.5Out
 Put
TECL260116P0010100010101.07.0 - 7.426.8Out
 Put
TECL260116P00100000122100.06.4 - 7.26.39Out
 Put
TECL260116P00099000899.06.6 - 7.125.0Out
 Put
TECL260116P000980002398.06.1 - 6.87.2Out
 Put
TECL260116P0009700042197.05.8 - 6.56.5Out
 Put
TECL260116P00096000196.05.7 - 6.516.5Out
 Put
TECL260116P000950002995.05.4 - 6.15.6Out
 Put
TECL260116P00094000594.05.3 - 6.15.41Out
 Put
TECL260116P0009300042093.05.0 - 5.714.87Out
 Put
TECL260116P00092000492.04.9 - 5.524.44Out
 Put
TECL260116P00091000191.04.8 - 5.34.8Out
 Put
TECL260116P000900001890.04.5 - 5.15.08Out
 Put
TECL260116P000880002288.03.6 - 4.86.2Out
 Put
TECL260116P00087000487.04.1 - 5.46.22Out
 Put
TECL260116P00086000186.03.9 - 4.513.3Out
 Put
TECL260116P000850005285.03.8 - 4.33.85Out
 Put
TECL260116P00084000184.03.6 - 4.210.9Out
 Put
TECL260116P00083000283.03.5 - 4.13.5Out
 Put
TECL260116P00082000382.03.3 - 3.99.2Out
 Put
TECL260116P00081000181.03.2 - 3.83.2Out
 Put
TECL260116P0008000010180.03.2 - 3.63.67Out
 Put
TECL260116P00079000779.03.1 - 3.42.9Out
 Put
TECL260116P00078000278.02.95 - 3.34.49Out
 Put
TECL260116P00077000177.02.85 - 3.13.17Out
 Put
TECL260116P00076000476.01.7 - 3.34.0Out
 Put
TECL260116P000750008175.02.05 - 3.02.51Out
 Put
TECL260116P00074000174.01.3 - 3.02.55Out
 Put
TECL260116P00073000173.01.5 - 2.98.0Out
 Put
TECL260116P00072000372.01.15 - 2.94.62Out
 Put
TECL260116P00071000571.02.05 - 2.452.1Out
 Put
TECL260116P000700003370.01.95 - 2.352.14Out
 Put
TECL260116P00069000769.02.0 - 2.252.4Out
 Put
TECL260116P000680001368.01.7 - 2.155.5Out
 Put
TECL260116P00067000267.01.8 - 2.210.79Out
 Put
TECL260116P00066000366.01.7 - 2.21.7Out
 Put
TECL260116P000650001365.01.6 - 1.952.07Out
 Put
TECL260116P00064000664.01.45 - 2.052.72Out
 Put
TECL260116P000630001163.01.3 - 1.91.88Out
 Put
TECL260116P000620003562.00.85 - 1.853.6Out
 Put
TECL260116P000610002161.01.05 - 1.82.09Out
 Put
TECL260116P0006000042060.01.0 - 1.751.09Out
 Put
TECL260116P00059000459.00.65 - 1.73.24Out
 Put
TECL260116P00058000758.00.5 - 2.455.28Out
 Put
TECL260116P00057000257.00.45 - 1.62.22Out
 Put
TECL260116P00056000756.00.0 - 1.457.0Out
 Put
TECL260116P00055000955.00.15 - 1.651.5Out
 Put
TECL260116P00054000254.00.1 - 1.43.07Out
 Put
TECL260116P00053000253.00.0 - 1.43.1Out
 Put
TECL260116P00052000552.00.0 - 1.71.0Out
 Put
TECL260116P0005000083250.00.5 - 1.20.8Out
 Put
TECL260116P00049000649.00.0 - 1.42.58Out
 Put
TECL260116P000480002548.00.0 - 1.351.0Out
 Put
TECL260116P000470001847.00.0 - 1.31.3Out
 Put
TECL260116P00046000146.00.2 - 1.750.2Out
 Put
TECL260116P000450007845.00.35 - 1.451.02Out
 Put
TECL260116P000440003344.00.2 - 1.40.9Out
 Put
TECL260116P00043000643.00.05 - 1.153.02Out
 Put
TECL260116P00042000142.00.2 - 1.150.2Out
 Put
TECL260116P00041000941.00.0 - 1.11.1Out
 Put
TECL260116P000400008940.00.15 - 1.150.4Out
 Put
TECL260116P00039000539.00.15 - 1.30.65Out
 Put
TECL260116P000380002738.00.1 - 0.950.4Out
 Put
TECL260116P000360001436.00.1 - 1.350.1Out
 Put
TECL260116P000350004335.00.05 - 0.751.5Out
 Put
TECL260116P00034000234.00.1 - 0.750.1Out
 Put
TECL260116P000330002933.00.05 - 0.950.05Out
 Put
TECL260116P000320001232.00.0 - 0.750.85Out
 Put
TECL260116P000310005431.00.05 - 0.750.72Out
 Put
TECL260116P0003000016830.00.05 - 0.750.51Out
 Put
TECL260116P0002500016625.00.0 - 0.40.25Out
 Put
TECL260116P00024000224.00.0 - 0.750.3Out
 Put
TECL260116P00023000423.00.0 - 0.750.45Out
 Put
TECL260116P00022000622.00.0 - 1.31.3Out
 Put
TECL260116P000200003420.00.0 - 0.40.2Out

When determining whether Direxion Daily Technology 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 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 national income and product accounts.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge 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.