FAZ · Direxion Daily Financial Bear 3X Shares ETF

Alerts for FAZ

$31.10 +0.70 (+2.30%) At close · Sep 4

Options Chain

Underlying $31.10 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 12 days to expiry · 44 contracts · mixed daily-bar sessions · Jul 23, 2026–Sep 4, 2026; 9 unknown

Put / call OI

0.09

Call-heavy positioning

Open interest

2,038

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$31.00

$0.10 below spot

ATM implied vol

45.6%

market's expected move

Open interest by strike

Calls Puts

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 12d Oct 16 40d Jan 15 131d Apr 16 222d Jan 21 502d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	—	—	$6.40	$7.70	—		$0.08	$0.00	$0.90	—	—	1	1
Call · $24 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:35.601 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $24 Daily-bar session Jul 29, 2026 Quote as of 2026-09-04 19:59:55.702 UTC Last $0.08 Breakeven $23.92 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
18	5	—	—	$5.30	$6.80	$6.70		—	$0.00	$0.75	—	—	—	—
Call · $25 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:46.435 UTC Last $6.70 Breakeven $31.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 18 OI effective date Sep 3, 2026 Model this call Put · $25 Daily-bar session Unknown Quote as of 2026-09-04 19:59:57.145 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	1	—	—	$4.40	$5.80	$6.93		$0.55	$0.00	$0.75	—	—	1	1
Call · $26 In the money Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:59:46.435 UTC Last $6.93 Breakeven $32.93 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $26 Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:59:43.877 UTC Last $0.55 Breakeven $25.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
1	1	—	—	$3.50	$4.70	$4.13		$0.38	$0.00	$0.75	—	—	1	1
Call · $27 In the money Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:46.434 UTC Last $4.13 Breakeven $31.13 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $27 Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:55.702 UTC Last $0.38 Breakeven $26.62 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
1	1	30.3%	0.975	$2.60	$3.70	$2.79		$0.35	$0.00	$1.00	—	—	1	1
Call · $28 In the money Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:43.877 UTC Last $2.79 Breakeven $30.79 Implied vol 30.3% Delta 0.975 ≈98% ITM Gamma 0.034 Theta -0.007 Vega 0.003 Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $28 Daily-bar session Aug 14, 2026 Quote as of 2026-09-04 19:59:32.185 UTC Last $0.35 Breakeven $27.65 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
8	2	45.4%	0.817	$2.10	$2.70	$2.10		$0.30	$0.00	$0.95	—	—	1	15
Call · $29 In the money Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:49.869 UTC Last $2.10 Breakeven $31.10 Implied vol 45.4% Delta 0.817 ≈82% ITM Gamma 0.104 Theta -0.031 Vega 0.015 Open interest 8 OI effective date Sep 3, 2026 Model this call Put · $29 Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:33.797 UTC Last $0.30 Breakeven $28.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 15 OI effective date Sep 3, 2026 Model this put
19	11	40.5%	0.707	$1.35	$1.80	$1.60		$0.77	$0.20	$0.90	-0.313	46.2%	2	51
Call · $30 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:58.668 UTC Last $1.60 Breakeven $31.60 Implied vol 40.5% Delta 0.707 ≈71% ITM Gamma 0.151 Theta -0.035 Vega 0.019 Open interest 19 OI effective date Sep 3, 2026 Model this call Put · $30 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:31.983 UTC Last $0.77 Breakeven $29.23 Implied vol 46.2% Delta -0.313 ≈31% ITM Gamma 0.136 Theta -0.037 Vega 0.02 Open interest 51 OI effective date Sep 3, 2026 Model this put
221	5	44.8%	0.538	$1.00	$1.15	$1.17		$1.12	$0.60	$1.35	-0.462	46.4%	13	37
Call · $31 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:20.618 UTC Last $1.17 Breakeven $32.17 Implied vol 44.8% Delta 0.538 ≈54% ITM Gamma 0.157 Theta -0.043 Vega 0.022 Open interest 221 OI effective date Sep 3, 2026 Model this call Put · $31 Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:34.467 UTC Last $1.12 Breakeven $29.88 Implied vol 46.4% Delta -0.462 ≈46% ITM Gamma 0.152 Theta -0.042 Vega 0.022 Open interest 37 OI effective date Sep 3, 2026 Model this put
Underlying $31.10
435	6	44.9%	0.384	$0.55	$0.75	$0.65		$0.97	$1.30	$2.10	-0.592	53.6%	2	10
Call · $32 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:54.270 UTC Last $0.65 Breakeven $32.65 Implied vol 44.9% Delta 0.384 ≈38% ITM Gamma 0.151 Theta -0.041 Vega 0.022 Open interest 435 OI effective date Sep 3, 2026 Model this call Put · $32 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:48.369 UTC Last $0.97 Breakeven $31.03 Implied vol 53.6% Delta -0.592 ≈59% ITM Gamma 0.129 Theta -0.047 Vega 0.022 Open interest 10 OI effective date Sep 3, 2026 Model this put
744	128	46.9%	0.261	$0.35	$0.45	$0.40		$2.40	$2.10	$2.55	-0.723	50.4%	1	14
Call · $33 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.119 UTC Last $0.40 Breakeven $33.40 Implied vol 46.9% Delta 0.261 ≈26% ITM Gamma 0.123 Theta -0.037 Vega 0.018 Open interest 744 OI effective date Sep 3, 2026 Model this call Put · $33 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:50.119 UTC Last $2.40 Breakeven $30.60 Implied vol 50.4% Delta -0.723 ≈72% ITM Gamma 0.118 Theta -0.037 Vega 0.019 Open interest 14 OI effective date Sep 3, 2026 Model this put
68	10	45.8%	0.154	$0.10	$0.30	$0.25		$2.25	$2.65	$3.50	-0.839	46.9%	2	5
Call · $34 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:55.801 UTC Last $0.25 Breakeven $34.25 Implied vol 45.8% Delta 0.154 ≈15% ITM Gamma 0.092 Theta -0.026 Vega 0.013 Open interest 68 OI effective date Sep 3, 2026 Model this call Put · $34 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:58.668 UTC Last $2.25 Breakeven $31.75 Implied vol 46.9% Delta -0.839 ≈84% ITM Gamma 0.092 Theta -0.024 Vega 0.014 Open interest 5 OI effective date Sep 3, 2026 Model this put
76	5	53.3%	0.123	$0.10	$0.25	$0.25		$3.00	$3.10	$4.50	—	—	2	13
Call · $35 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.122 UTC Last $0.25 Breakeven $35.25 Implied vol 53.3% Delta 0.123 ≈12% ITM Gamma 0.068 Theta -0.026 Vega 0.012 Open interest 76 OI effective date Sep 3, 2026 Model this call Put · $35 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:41.276 UTC Last $3.00 Breakeven $32.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 13 OI effective date Sep 3, 2026 Model this put
26	19	—	—	$0.00	$0.40	$0.17		$4.25	$4.60	$5.40	-0.904	58.9%	1	3
Call · $36 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:41.591 UTC Last $0.17 Breakeven $36.17 Implied vol — Delta — Gamma — Theta — Vega — Open interest 26 OI effective date Sep 3, 2026 Model this call Put · $36 In the money Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:14.969 UTC Last $4.25 Breakeven $31.75 Implied vol 58.9% Delta -0.904 ≈90% ITM Gamma 0.051 Theta -0.02 Vega 0.01 Open interest 3 OI effective date Sep 3, 2026 Model this put
1	18	—	—	$0.00	$0.20	$0.16		$5.40	$5.60	$6.40	-0.913	67%	1	1
Call · $37 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:58:12.763 UTC Last $0.16 Breakeven $37.16 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $37 In the money Daily-bar session Aug 3, 2026 Quote as of 2026-09-04 19:59:41.216 UTC Last $5.40 Breakeven $31.60 Implied vol 67% Delta -0.913 ≈91% ITM Gamma 0.042 Theta -0.022 Vega 0.009 Open interest 1 OI effective date Sep 3, 2026 Model this put
2	10	—	—	$0.00	$0.30	$0.13		$5.75	$6.00	$7.20	—	—	10	10
Call · $38 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:32.583 UTC Last $0.13 Breakeven $38.13 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $38 In the money Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:43.875 UTC Last $5.75 Breakeven $32.25 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 OI effective date Sep 3, 2026 Model this put
2	1	—	—	$0.00	$0.35	$0.07		$8.10	$6.90	$8.20	—	—	4	4
Call · $39 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:43.875 UTC Last $0.07 Breakeven $39.07 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $39 In the money Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:59:50.963 UTC Last $8.10 Breakeven $30.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this put
27	10	—	—	$0.00	$0.25	$0.01		—	$8.20	$9.40	—	—	—	—
Call · $40 Daily-bar session Aug 27, 2026 Quote as of 2026-09-04 19:59:32.784 UTC Last $0.01 Breakeven $40.01 Implied vol — Delta — Gamma — Theta — Vega — Open interest 27 OI effective date Sep 3, 2026 Model this call Put · $40 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:36.086 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.90	—		—	$9.30	$10.60	-0.95	88.2%	—	—
Call · $41 Daily-bar session Unknown Quote as of 2026-09-04 19:59:55.702 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $41 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:46.339 UTC Last — Breakeven — Implied vol 88.2% Delta -0.95 ≈95% ITM Gamma 0.021 Theta -0.018 Vega 0.006 Open interest — OI effective date — Model this put
4	3	—	—	$0.00	$0.75	$0.11		—	$10.30	$11.70	-0.936	102.3%	—	—
Call · $42 Daily-bar session Aug 17, 2026 Quote as of 2026-09-04 19:59:43.876 UTC Last $0.11 Breakeven $42.11 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this call Put · $42 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:46.339 UTC Last — Breakeven — Implied vol 102.3% Delta -0.936 ≈94% ITM Gamma 0.022 Theta -0.026 Vega 0.007 Open interest — OI effective date — Model this put
1	1	—	—	$0.00	$0.75	$0.80		—	$11.20	$12.60	-0.972	89.5%	—	—
Call · $43 Daily-bar session Jul 23, 2026 Quote as of 2026-09-04 19:59:43.875 UTC Last $0.80 Breakeven $43.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $43 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:46.339 UTC Last — Breakeven — Implied vol 89.5% Delta -0.972 ≈97% ITM Gamma 0.013 Theta -0.009 Vega 0.004 Open interest — OI effective date — Model this put
215	3	—	—	$0.00	$0.75	$0.10		$12.55	$12.20	$13.70	—	—	1	1
Call · $44 Daily-bar session Aug 17, 2026 Quote as of 2026-09-04 19:59:43.885 UTC Last $0.10 Breakeven $44.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest 215 OI effective date Sep 3, 2026 Model this call Put · $44 In the money Daily-bar session Aug 12, 2026 Quote as of 2026-09-04 19:59:46.339 UTC Last $12.55 Breakeven $31.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$0.00	$0.40	—		—	$13.10	$14.60	-0.997	73.1%	—	—
Call · $45 Daily-bar session Unknown Quote as of 2026-09-04 19:59:43.876 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $45 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:47.862 UTC Last — Breakeven — Implied vol 73.1% Delta -0.997 ≈100% ITM Gamma 0.002 Theta 0.003 Vega 0.001 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 · Jul 23, 2026–Sep 4, 2026; 9 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.