DRAL · Defiance Daily Target 2x Long Dram ETF ETF

Alerts for DRAL

$11.62 +1.31 (+12.65%) At close · Sep 4

Options Chain

Underlying $11.62 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 13 days to expiry · 36 contracts · mixed daily-bar sessions · Aug 17, 2026–Sep 4, 2026; 24 unknown

Put / call OI

0.29

Call-heavy positioning

Open interest

254

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$10.00

$1.62 below spot

ATM implied vol

125.9%

market's expected move

Open interest by strike

Calls Puts

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 13d Oct 16 41d Nov 20 76d Feb 19 167d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	—	—	$8.10	$9.10	—		—	$0.00	$0.30	—	—	—	—
Call · $3 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:40.807 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $3 Daily-bar session Unknown Quote as of 2026-09-04 19:59:38.487 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$7.10	$8.10	—		—	$0.00	$0.30	—	—	—	—
Call · $4 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:40.512 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $4 Daily-bar session Unknown Quote as of 2026-09-04 19:59:37.862 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$6.10	$7.10	—		—	$0.00	$0.30	—	—	—	—
Call · $5 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:39.587 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $5 Daily-bar session Unknown Quote as of 2026-09-04 19:59:37.166 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$5.10	$6.10	—		—	$0.00	$0.30	—	—	—	—
Call · $6 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:38.510 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $6 Daily-bar session Unknown Quote as of 2026-09-04 19:59:36.450 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$4.10	$4.90	—		—	$0.00	$0.35	—	—	—	—
Call · $7 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:40.924 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $7 Daily-bar session Unknown Quote as of 2026-09-04 19:59:35.657 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	1	—	—	$3.30	$3.90	$2.40		$0.15	$0.05	$0.15	—	—	10	29
Call · $8 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:36.500 UTC Last $2.40 Breakeven $10.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $8 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:44.183 UTC Last $0.15 Breakeven $7.85 Implied vol — Delta — Gamma — Theta — Vega — Open interest 29 OI effective date Sep 3, 2026 Model this put
2	3	112.3%	0.906	$2.40	$3.10	$1.51		$0.40	$0.00	$0.45	—	—	7	10
Call · $9 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:32.177 UTC Last $1.51 Breakeven $10.51 Implied vol 112.3% Delta 0.906 ≈91% ITM Gamma 0.068 Theta -0.017 Vega 0.004 Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $9 Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:33.761 UTC Last $0.40 Breakeven $8.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 OI effective date Sep 3, 2026 Model this put
3	3	116.2%	0.788	$1.60	$2.35	$1.80		$0.41	$0.25	$0.70	-0.237	136.5%	1	16
Call · $10 In the money Daily-bar session Aug 18, 2026 Quote as of 2026-09-04 19:59:31.685 UTC Last $1.80 Breakeven $11.80 Implied vol 116.2% Delta 0.788 ≈79% ITM Gamma 0.114 Theta -0.029 Vega 0.006 Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $10 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:31.487 UTC Last $0.41 Breakeven $9.59 Implied vol 136.5% Delta -0.237 ≈24% ITM Gamma 0.103 Theta -0.035 Vega 0.007 Open interest 16 OI effective date Sep 3, 2026 Model this put
13	2	121%	0.641	$1.05	$1.70	$1.29		$2.10	$0.65	$1.10	-0.365	137.3%	1	1
Call · $11 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:36.843 UTC Last $1.29 Breakeven $12.29 Implied vol 121% Delta 0.641 ≈64% ITM Gamma 0.141 Theta -0.039 Vega 0.008 Open interest 13 OI effective date Sep 3, 2026 Model this call Put · $11 Daily-bar session Aug 19, 2026 Quote as of 2026-09-04 19:59:38.684 UTC Last $2.10 Breakeven $8.90 Implied vol 137.3% Delta -0.365 ≈36% ITM Gamma 0.125 Theta -0.043 Vega 0.008 Open interest 1 OI effective date Sep 3, 2026 Model this put
Underlying $11.62
134	62	118.1%	0.489	$0.55	$1.20	$0.80		$1.70	$1.05	$1.70	-0.499	133.6%	1	1
Call · $12 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:31.280 UTC Last $0.80 Breakeven $12.80 Implied vol 118.1% Delta 0.489 ≈49% ITM Gamma 0.154 Theta -0.04 Vega 0.009 Open interest 134 OI effective date Sep 3, 2026 Model this call Put · $12 In the money Daily-bar session Aug 17, 2026 Quote as of 2026-09-04 19:59:31.289 UTC Last $1.70 Breakeven $10.30 Implied vol 133.6% Delta -0.499 ≈50% ITM Gamma 0.136 Theta -0.044 Vega 0.009 Open interest 1 OI effective date Sep 3, 2026 Model this put
44	22	122.2%	0.357	$0.45	$0.70	$0.55		$3.40	$1.85	$2.35	-0.611	141.7%	2	—
Call · $13 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:58.396 UTC Last $0.55 Breakeven $13.55 Implied vol 122.2% Delta 0.357 ≈36% ITM Gamma 0.139 Theta -0.039 Vega 0.008 Open interest 44 OI effective date Sep 3, 2026 Model this call Put · $13 In the money Daily-bar session Aug 18, 2026 Quote as of 2026-09-04 19:59:36.843 UTC Last $3.40 Breakeven $9.60 Implied vol 141.7% Delta -0.611 ≈61% ITM Gamma 0.123 Theta -0.045 Vega 0.008 Open interest — OI effective date — Model this put
—	—	110.9%	0.218	$0.05	$0.50	—		—	$2.55	$3.20	-0.706	144.6%	—	—
Call · $14 Daily-bar session Unknown Quote as of 2026-09-04 19:59:45.896 UTC Last — Breakeven — Implied vol 110.9% Delta 0.218 ≈22% ITM Gamma 0.121 Theta -0.028 Vega 0.007 Open interest — OI effective date — Model this call Put · $14 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.082 UTC Last — Breakeven — Implied vol 144.6% Delta -0.706 ≈71% ITM Gamma 0.109 Theta -0.041 Vega 0.008 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.40	—		—	$3.20	$4.10	-0.804	136.5%	—	—
Call · $15 Daily-bar session Unknown Quote as of 2026-09-04 19:59:34.556 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $15 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.475 UTC Last — Breakeven — Implied vol 136.5% Delta -0.804 ≈80% ITM Gamma 0.092 Theta -0.031 Vega 0.006 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.35	—		—	$4.30	$4.90	—	—	—	—
Call · $16 Daily-bar session Unknown Quote as of 2026-09-04 19:59:35.461 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $16 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.780 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.35	—		—	$5.30	$5.90	—	—	—	—
Call · $17 Daily-bar session Unknown Quote as of 2026-09-04 19:59:36.261 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $17 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:33.115 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$6.20	$6.90	—	—	—	—
Call · $18 Daily-bar session Unknown Quote as of 2026-09-04 19:59:37.064 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $18 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:33.371 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$7.20	$7.90	—	—	—	—
Call · $19 Daily-bar session Unknown Quote as of 2026-09-04 19:59:37.731 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $19 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:57.872 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$8.20	$8.90	—	—	—	—
Call · $20 Daily-bar session Unknown Quote as of 2026-09-04 19:59:38.388 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $20 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:36.633 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put

About this data

Each contract's last price, day range and volume belong to the daily-bar session shown in its details; unknown means the source omitted that timestamp. Open interest has its own effective date shown separately; implied volatility and greeks are model values computed when fetched. This chain has mixed daily-bar sessions · Aug 17, 2026–Sep 4, 2026; 24 unknown. Positioning totals are shown only when every returned open-interest value has the same known effective date. Bid and ask are real-time consolidated OPRA readings.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.