TECL260116C00140000 Option on Direxion Daily Technology

TECL Etf  USD 130.46  6.38  4.66%   
Direxion Daily's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 0.84 with a put-to-call open interest ratio of 0.34 over 168 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on March 20th 2026. The total put volume is at 2.0, with calls trading at the volume of 17.0. This yields a 0.12 put-to-call volume ratio.

Open Interest Against March 20th 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 2026-03-20 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 0.0525% per day over the life of the 2026-03-20 option contract. With Direxion Daily trading at USD 130.46, 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 0.84%. 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
TECL260320C002300001230.00.3 - 1.71.02Out
Call
TECL260320C002250001225.00.45 - 1.956.7Out
Call
TECL260320C002200002220.00.6 - 2.251.3Out
Call
TECL260320C0021500032215.00.85 - 2.61.75Out
Call
TECL260320C002100003210.01.05 - 3.01.95Out
Call
TECL260320C002050000205.01.25 - 3.61.25Out
Call
TECL260320C0020000021200.01.45 - 4.31.99Out
Call
TECL260320C001950001195.01.7 - 4.911.2Out
Call
TECL260320C0019000040190.02.1 - 4.99.0Out
Call
TECL260320C001850001185.02.75 - 6.73.4Out
Call
TECL260320C001800002180.03.5 - 7.52.84Out
Call
TECL260320C001750007175.04.3 - 8.510.4Out
Call
TECL260320C001700008170.06.0 - 8.17.2Out
Call
TECL260320C0016500020165.06.8 - 10.77.7Out
Call
TECL260320C00160000226160.09.0 - 11.010.5Out
Call
TECL260320C0015500023155.011.5 - 13.912.12Out
Call
TECL260320C00150000145150.012.5 - 15.08.0Out
Call
TECL260320C0014500037145.014.5 - 17.212.0Out
Call
TECL260320C0014000063140.016.8 - 20.017.75Out
Call
TECL260320C0013500031135.019.7 - 21.721.0In
Call
TECL260320C0013000070130.022.1 - 24.722.0In
Call
TECL260320C00125000229125.025.6 - 27.826.63In
Call
TECL260320C0012000091120.028.7 - 31.027.6In
Call
TECL260320C0011500053115.031.6 - 34.032.9In
Call
TECL260320C001140001114.032.0 - 35.924.5In
Call
TECL260320C0011300016113.032.7 - 36.519.6In
Call
TECL260320C0011200042112.033.4 - 37.330.8In
Call
TECL260320C001110002111.034.1 - 38.019.46In
Call
TECL260320C0011000031110.034.8 - 38.722.3In
Call
TECL260320C001090002109.035.5 - 39.420.86In
Call
TECL260320C001080001108.036.2 - 40.016.95In
Call
TECL260320C001070001107.036.9 - 40.925.6In
Call
TECL260320C001060003106.037.7 - 41.537.95In
Call
TECL260320C0010500024105.038.4 - 42.325.8In
Call
TECL260320C0010400012104.039.1 - 43.036.69In
Call
TECL260320C001030001103.039.9 - 43.835.6In
Call
TECL260320C0010200012102.040.6 - 44.532.92In
Call
TECL260320C0010000010100.042.1 - 46.025.5In
Call
TECL260320C00099000199.042.9 - 46.921.29In
Call
TECL260320C00098000498.043.7 - 47.622.62In
Call
TECL260320C00097000297.044.4 - 48.334.47In
Call
TECL260320C000960001696.045.2 - 49.135.35In
Call
TECL260320C000950004695.046.1 - 50.023.0In
Call
TECL260320C00094000494.046.8 - 50.828.88In
Call
TECL260320C00093000193.047.6 - 51.528.83In
Call
TECL260320C00092000592.048.4 - 52.429.76In
Call
TECL260320C0009000019790.050.0 - 54.031.0In
Call
TECL260320C00089000489.050.9 - 54.128.6In
Call
TECL260320C00087000787.053.3 - 55.846.79In
Call
TECL260320C00086000886.053.3 - 57.328.75In
Call
TECL260320C000850003985.054.0 - 58.142.77In
Call
TECL260320C000840001084.054.9 - 58.948.67In
Call
TECL260320C00083000183.055.7 - 59.844.07In
Call
TECL260320C000820001182.056.6 - 60.649.82In
Call
TECL260320C000810001481.057.5 - 61.549.7In
Call
TECL260320C000800005380.058.3 - 62.335.81In
Call
TECL260320C000790001779.059.1 - 63.139.55In
Call
TECL260320C000780003878.060.0 - 64.045.36In
Call
TECL260320C000770001877.060.8 - 64.945.67In
Call
TECL260320C000760001376.061.6 - 65.842.97In
Call
TECL260320C000750004275.062.6 - 66.543.05In
Call
TECL260320C0007400035374.063.3 - 67.557.65In
Call
TECL260320C000730009473.064.4 - 68.443.62In
Call
TECL260320C000720003772.065.3 - 69.440.08In
Call
TECL260320C000710001171.066.1 - 70.250.1In
Call
TECL260320C000700006870.067.0 - 71.056.3In
Call
TECL260320C000690002869.068.0 - 72.055.85In
Call
TECL260320C000680002668.068.8 - 72.953.47In
Call
TECL260320C00067000367.069.7 - 73.849.94In
Call
TECL260320C000650004965.071.6 - 75.560.25In
Call
TECL260320C000640001964.072.5 - 76.547.65In
Call
TECL260320C000630001963.073.3 - 77.459.25In
Call
TECL260320C00062000462.074.2 - 78.448.2In
Call
TECL260320C00060000360.076.2 - 80.055.53In
Call
TECL260320C00059000159.077.0 - 81.047.28In
Call
TECL260320C00058000158.078.0 - 82.073.71In
Call
TECL260320C000560005256.080.2 - 83.279.85In
Call
TECL260320C00055000755.080.8 - 84.984.65In
Call
TECL260320C00054000254.082.1 - 85.964.4In
Call
TECL260320C00053000553.083.0 - 86.562.05In
Call
TECL260320C0005200017752.084.4 - 87.083.65In
Call
TECL260320C000510001451.084.9 - 88.563.88In
Call
TECL260320C000500003550.085.9 - 89.562.69In
Call
TECL260320C000450001245.090.2 - 94.387.44In
Call
TECL260320C00044000144.091.3 - 95.577.5In
Call
TECL260320C00041000141.094.2 - 98.394.2In
Call
TECL260320C000400009940.095.1 - 99.154.25In
Call
TECL260320C00039000239.096.0 - 100.197.1In
Call
TECL260320C00038000238.097.0 - 101.179.2In
Call
TECL260320C000350004035.099.9 - 104.090.25In
Call
TECL260320C00033000233.0101.9 - 106.262.9In
Call
TECL260320C00032000432.0103.0 - 106.9103.0In
Call
TECL260320C000300005230.0104.8 - 109.0104.8In
Call
TECL260320C00025000125.0109.8 - 114.1109.8In
Call
TECL260320C00020000120.0114.7 - 118.8104.4In
 Put
TECL260320P002300000230.091.5 - 95.191.5In
 Put
TECL260320P002250000225.086.7 - 90.486.7In
 Put
TECL260320P002200000220.081.9 - 85.581.9In
 Put
TECL260320P002150000215.077.0 - 80.777.0In
 Put
TECL260320P002100000210.072.2 - 75.972.2In
 Put
TECL260320P002050000205.067.5 - 71.367.5In
 Put
TECL260320P002000000200.063.0 - 66.763.0In
 Put
TECL260320P001950000195.058.5 - 62.258.5In
 Put
TECL260320P001900000190.054.0 - 57.754.0In
 Put
TECL260320P001850000185.049.7 - 53.449.7In
 Put
TECL260320P001450002145.023.0 - 24.822.9In
 Put
TECL260320P0013500025135.016.5 - 19.819.51Out
 Put
TECL260320P0013000023130.015.7 - 17.619.42Out
 Put
TECL260320P0012500033125.013.7 - 15.614.55Out
 Put
TECL260320P0012000047120.011.8 - 13.818.5Out
 Put
TECL260320P0011500018115.08.9 - 12.119.0Out
 Put
TECL260320P0011300011113.08.1 - 12.114.6Out
 Put
TECL260320P0011200011112.07.8 - 11.914.2Out
 Put
TECL260320P001110001111.07.6 - 11.419.4Out
 Put
TECL260320P0011000010110.07.3 - 11.316.3Out
 Put
TECL260320P001080001108.06.9 - 10.317.34Out
 Put
TECL260320P001070003107.07.0 - 10.417.45Out
 Put
TECL260320P001030001103.05.6 - 8.59.12Out
 Put
TECL260320P001020002102.05.4 - 9.012.5Out
 Put
TECL260320P00100000288100.05.0 - 7.88.0Out
 Put
TECL260320P00098000398.04.7 - 7.39.4Out
 Put
TECL260320P00097000197.04.6 - 7.115.15Out
 Put
TECL260320P00095000595.04.0 - 6.77.3Out
 Put
TECL260320P00093000193.03.8 - 6.37.9Out
 Put
TECL260320P00092000892.03.6 - 6.06.35Out
 Put
TECL260320P00090000890.03.2 - 5.612.0Out
 Put
TECL260320P000890001989.04.0 - 5.411.93Out
 Put
TECL260320P00088000288.03.9 - 5.24.37Out
 Put
TECL260320P00087000187.03.7 - 5.14.42Out
 Put
TECL260320P000850003385.01.85 - 4.76.25Out
 Put
TECL260320P00082000182.02.65 - 4.311.2Out
 Put
TECL260320P000800004180.02.45 - 4.06.02Out
 Put
TECL260320P00077000277.02.15 - 3.65.26Out
 Put
TECL260320P000750004075.01.9 - 3.33.8Out
 Put
TECL260320P00073000173.01.75 - 3.013.55Out
 Put
TECL260320P00072000672.01.75 - 2.93.0Out
 Put
TECL260320P00070000670.01.35 - 2.75.9Out
 Put
TECL260320P00067000267.01.25 - 2.553.33Out
 Put
TECL260320P00066000566.01.15 - 2.54.23Out
 Put
TECL260320P00065000165.01.1 - 2.42.98Out
 Put
TECL260320P000600002260.00.7 - 2.21.77Out
 Put
TECL260320P00059000159.00.8 - 2.152.75Out
 Put
TECL260320P00056000156.00.65 - 1.952.47Out
 Put
TECL260320P000550002055.00.55 - 1.852.37Out
 Put
TECL260320P00054000354.00.5 - 1.82.41Out
 Put
TECL260320P00053000653.00.45 - 1.753.25Out
 Put
TECL260320P00051000151.00.4 - 1.653.5Out
 Put
TECL260320P000500002150.00.35 - 1.61.35Out
 Put
TECL260320P00048000648.00.2 - 1.552.45Out
 Put
TECL260320P000470002147.00.15 - 1.50.15Out
 Put
TECL260320P00046000146.00.15 - 1.451.05Out
 Put
TECL260320P00045000445.00.15 - 1.41.12Out
 Put
TECL260320P00044000144.00.15 - 1.552.94Out
 Put
TECL260320P00043000643.00.1 - 1.353.55Out
 Put
TECL260320P000420002142.00.05 - 1.350.05Out
 Put
TECL260320P00041000441.00.0 - 1.250.75Out
 Put
TECL260320P00040000540.00.0 - 1.11.48Out
 Put
TECL260320P00039000139.00.0 - 1.050.65Out
 Put
TECL260320P00037000137.00.0 - 1.351.47Out
 Put
TECL260320P00035000135.00.0 - 1.152.8Out
 Put
TECL260320P00034000134.00.0 - 0.950.95Out
 Put
TECL260320P00031000231.00.0 - 1.150.55Out
 Put
TECL260320P000280001228.00.0 - 1.150.66Out
 Put
TECL260320P00026000226.00.0 - 0.951.92Out
 Put
TECL260320P00025000825.00.0 - 0.950.85Out
 Put
TECL260320P00024000124.00.0 - 0.951.3Out
 Put
TECL260320P00023000123.00.0 - 0.951.15Out
 Put
TECL260320P0002000020020.00.0 - 0.750.75Out

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 private.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.