SPXS · Direxion Daily S&P 500 Bear 3X Shares ETF

Alerts for SPXS

$24.44 +0.31 (+1.28%) At close · Sep 4

Options Chain

Underlying $24.44 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 11, 2026 · 6 days to expiry · 66 contracts · mixed daily-bar sessions · Aug 3, 2026–Sep 4, 2026; 13 unknown

Put / call OI

0.34

Call-heavy positioning

Open interest

12,295

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$25.00

$0.56 above spot

ATM implied vol

32.5%

market's expected move

Open interest by strike · near the money

Calls Puts

19.5

21.5

22.5

23.5

24.5

25.5

26.5

27.5

28.5

29.5

30.5

31.5

32.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 11 6d Sep 18 13d Sep 25 20d Oct 2 27d Oct 9 34d Oct 16 41d Oct 23 48d Jan 15 132d Apr 16 223d Jan 21 503d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
1	1	—	—	$4.65	$5.85	$6.19		$0.15	$0.00	$0.25	—	—	1	1
Call · $19 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:59.571 UTC Last $6.19 Breakeven $25.19 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $19 Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:59.950 UTC Last $0.15 Breakeven $18.85 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$4.15	$5.35	—		—	$0.00	$0.45	—	—	—	—
Call · $19.5 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.919 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $19.5 Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.934 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	2	—	—	$3.65	$5.05	$4.95		$0.30	$0.00	$0.20	—	—	1	—
Call · $20 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:59.918 UTC Last $4.95 Breakeven $24.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $20 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.933 UTC Last $0.30 Breakeven $19.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	1	—	—	$2.65	$3.85	$3.28		$0.35	$0.00	$0.27	—	—	5	5
Call · $21 In the money Daily-bar session Aug 6, 2026 Quote as of 2026-09-04 19:59:59.918 UTC Last $3.28 Breakeven $24.28 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $21 Daily-bar session Aug 10, 2026 Quote as of 2026-09-04 19:59:59.755 UTC Last $0.35 Breakeven $20.65 Implied vol — Delta — Gamma — Theta — Vega — Open interest 5 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$2.15	$3.35	—		—	$0.00	$0.27	—	—	—	—
Call · $21.5 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.705 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $21.5 Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.706 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	1	—	—	$1.67	$2.64	$2.33		—	$0.00	$0.28	—	—	—	—
Call · $22 In the money Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:59.955 UTC Last $2.33 Breakeven $24.33 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $22 Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.705 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
2	2	31.4%	0.982	$1.81	$2.11	$2.30		$0.17	$0.00	$0.11	—	—	1	1
Call · $22.5 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:59.919 UTC Last $2.30 Breakeven $24.80 Implied vol 31.4% Delta 0.982 ≈98% ITM Gamma 0.046 Theta -0.006 Vega 0.001 Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $22.5 Daily-bar session Aug 18, 2026 Quote as of 2026-09-04 19:59:59.623 UTC Last $0.17 Breakeven $22.33 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
167	55	19.4%	0.993	$1.34	$1.57	$1.50		$0.14	$0.00	$0.31	—	—	10	65
Call · $23 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.969 UTC Last $1.50 Breakeven $24.50 Implied vol 19.4% Delta 0.993 ≈99% ITM Gamma 0.03 Theta -0.003 Vega 0.001 Open interest 167 OI effective date Sep 3, 2026 Model this call Put · $23 Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:58.821 UTC Last $0.14 Breakeven $22.86 Implied vol — Delta — Gamma — Theta — Vega — Open interest 65 OI effective date Sep 3, 2026 Model this put
18	2	—	—	$0.25	$1.29	$1.38		$0.09	$0.00	$0.21	—	—	4	37
Call · $23.5 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:59.893 UTC Last $1.38 Breakeven $24.88 Implied vol — Delta — Gamma — Theta — Vega — Open interest 18 OI effective date Sep 3, 2026 Model this call Put · $23.5 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.705 UTC Last $0.09 Breakeven $23.41 Implied vol — Delta — Gamma — Theta — Vega — Open interest 37 OI effective date Sep 3, 2026 Model this put
2k	274	28.4%	0.703	$0.60	$0.65	$0.65		$0.16	$0.15	$0.26	-0.314	31.6%	183	281
Call · $24 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.919 UTC Last $0.65 Breakeven $24.65 Implied vol 28.4% Delta 0.703 ≈70% ITM Gamma 0.388 Theta -0.027 Vega 0.011 Open interest 2k OI effective date Sep 3, 2026 Model this call Put · $24 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.969 UTC Last $0.16 Breakeven $23.84 Implied vol 31.6% Delta -0.314 ≈31% ITM Gamma 0.359 Theta -0.029 Vega 0.011 Open interest 281 OI effective date Sep 3, 2026 Model this put
Underlying $24.44
417	209	31.8%	0.49	$0.36	$0.39	$0.35		$0.40	$0.35	$0.53	-0.509	33.3%	20	85
Call · $24.5 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.917 UTC Last $0.35 Breakeven $24.85 Implied vol 31.8% Delta 0.49 ≈49% ITM Gamma 0.401 Theta -0.034 Vega 0.013 Open interest 417 OI effective date Sep 3, 2026 Model this call Put · $24.5 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.954 UTC Last $0.40 Breakeven $24.10 Implied vol 33.3% Delta -0.509 ≈51% ITM Gamma 0.382 Theta -0.033 Vega 0.013 Open interest 85 OI effective date Sep 3, 2026 Model this put
312	538	32.6%	0.306	$0.18	$0.21	$0.20		$0.76	$0.68	$0.92	-0.666	37.9%	10	961
Call · $25 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.969 UTC Last $0.20 Breakeven $25.20 Implied vol 32.6% Delta 0.306 ≈31% ITM Gamma 0.344 Theta -0.031 Vega 0.011 Open interest 312 OI effective date Sep 3, 2026 Model this call Put · $25 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.973 UTC Last $0.76 Breakeven $24.24 Implied vol 37.9% Delta -0.666 ≈67% ITM Gamma 0.306 Theta -0.034 Vega 0.011 Open interest 961 OI effective date Sep 3, 2026 Model this put
85	79	37.3%	0.197	$0.10	$0.15	$0.10		$0.84	$0.92	$1.30	-0.86	29.7%	1	11
Call · $25.5 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.969 UTC Last $0.10 Breakeven $25.60 Implied vol 37.3% Delta 0.197 ≈20% ITM Gamma 0.238 Theta -0.028 Vega 0.009 Open interest 85 OI effective date Sep 3, 2026 Model this call Put · $25.5 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:59.980 UTC Last $0.84 Breakeven $24.66 Implied vol 29.7% Delta -0.86 ≈86% ITM Gamma 0.239 Theta -0.015 Vega 0.007 Open interest 11 OI effective date Sep 3, 2026 Model this put
712	70	38.7%	0.113	$0.05	$0.08	$0.07		$1.75	$1.51	$1.68	-0.903	36.1%	1	445
Call · $26 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.954 UTC Last $0.07 Breakeven $26.07 Implied vol 38.7% Delta 0.113 ≈11% ITM Gamma 0.158 Theta -0.02 Vega 0.006 Open interest 712 OI effective date Sep 3, 2026 Model this call Put · $26 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.919 UTC Last $1.75 Breakeven $24.25 Implied vol 36.1% Delta -0.903 ≈90% ITM Gamma 0.151 Theta -0.014 Vega 0.005 Open interest 445 OI effective date Sep 3, 2026 Model this put
47	45	42.9%	0.076	$0.03	$0.06	$0.04		$3.10	$1.90	$2.68	-0.796	71.7%	6	1
Call · $26.5 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.985 UTC Last $0.04 Breakeven $26.54 Implied vol 42.9% Delta 0.076 ≈8% ITM Gamma 0.106 Theta -0.016 Vega 0.005 Open interest 47 OI effective date Sep 3, 2026 Model this call Put · $26.5 In the money Daily-bar session Aug 5, 2026 Quote as of 2026-09-04 19:59:59.919 UTC Last $3.10 Breakeven $23.40 Implied vol 71.7% Delta -0.796 ≈80% ITM Gamma 0.126 Theta -0.051 Vega 0.009 Open interest 1 OI effective date Sep 3, 2026 Model this put
733	5	—	—	$0.00	$0.04	$0.02		$2.23	$2.15	$3.35	-0.832	76.5%	1	238
Call · $27 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.954 UTC Last $0.02 Breakeven $27.02 Implied vol — Delta — Gamma — Theta — Vega — Open interest 733 OI effective date Sep 3, 2026 Model this call Put · $27 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:59.623 UTC Last $2.23 Breakeven $24.77 Implied vol 76.5% Delta -0.832 ≈83% ITM Gamma 0.105 Theta -0.048 Vega 0.008 Open interest 238 OI effective date Sep 3, 2026 Model this put
407	5	—	—	$0.00	$0.46	$0.02		$3.32	$2.65	$3.85	-0.845	85.5%	2	330
Call · $27.5 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.920 UTC Last $0.02 Breakeven $27.52 Implied vol — Delta — Gamma — Theta — Vega — Open interest 407 OI effective date Sep 3, 2026 Model this call Put · $27.5 In the money Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:59.623 UTC Last $3.32 Breakeven $24.18 Implied vol 85.5% Delta -0.845 ≈85% ITM Gamma 0.089 Theta -0.051 Vega 0.008 Open interest 330 OI effective date Sep 3, 2026 Model this put
1k	56	—	—	$0.00	$0.26	$0.06		$3.07	$3.15	$4.15	-0.904	78.1%	1	496
Call · $28 Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:53.480 UTC Last $0.06 Breakeven $28.06 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1k OI effective date Sep 3, 2026 Model this call Put · $28 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:59.623 UTC Last $3.07 Breakeven $24.93 Implied vol 78.1% Delta -0.904 ≈90% ITM Gamma 0.07 Theta -0.032 Vega 0.005 Open interest 496 OI effective date Sep 3, 2026 Model this put
21	2	—	—	$0.00	$0.45	$0.09		$4.09	$2.97	$5.50	-0.871	100%	1	29
Call · $28.5 Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:59.516 UTC Last $0.09 Breakeven $28.59 Implied vol — Delta — Gamma — Theta — Vega — Open interest 21 OI effective date Sep 3, 2026 Model this call Put · $28.5 In the money Daily-bar session Aug 27, 2026 Quote as of 2026-09-04 19:59:59.956 UTC Last $4.09 Breakeven $24.41 Implied vol 100% Delta -0.871 ≈87% ITM Gamma 0.067 Theta -0.053 Vega 0.007 Open interest 29 OI effective date Sep 3, 2026 Model this put
87	7	—	—	$0.00	$0.25	$0.04		$4.35	$4.15	$5.35	-0.872	110.1%	1	47
Call · $29 Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:58.821 UTC Last $0.04 Breakeven $29.04 Implied vol — Delta — Gamma — Theta — Vega — Open interest 87 OI effective date Sep 3, 2026 Model this call Put · $29 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:59.571 UTC Last $4.35 Breakeven $24.65 Implied vol 110.1% Delta -0.872 ≈87% ITM Gamma 0.061 Theta -0.058 Vega 0.007 Open interest 47 OI effective date Sep 3, 2026 Model this put
5	5	—	—	$0.00	$0.45	$0.06		—	$4.65	$5.85	—	—	—	—
Call · $29.5 Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:22.980 UTC Last $0.06 Breakeven $29.56 Implied vol — Delta — Gamma — Theta — Vega — Open interest 5 OI effective date Sep 3, 2026 Model this call Put · $29.5 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.951 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
26	2	—	—	$0.00	$0.10	$0.04		$5.62	$5.00	$6.70	—	—	1	118
Call · $30 Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:58.247 UTC Last $0.04 Breakeven $30.04 Implied vol — Delta — Gamma — Theta — Vega — Open interest 26 OI effective date Sep 3, 2026 Model this call Put · $30 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.969 UTC Last $5.62 Breakeven $24.38 Implied vol — Delta — Gamma — Theta — Vega — Open interest 118 OI effective date Sep 3, 2026 Model this put
55	8	—	—	$0.00	$0.45	$0.11		—	$5.75	$6.90	—	—	—	—
Call · $30.5 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:59:54.088 UTC Last $0.11 Breakeven $30.61 Implied vol — Delta — Gamma — Theta — Vega — Open interest 55 OI effective date Sep 3, 2026 Model this call Put · $30.5 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.950 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1k	24	—	—	$0.00	$0.25	$0.03		$6.35	$5.80	$8.00	—	—	392	—
Call · $31 Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:59.819 UTC Last $0.03 Breakeven $31.03 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1k OI effective date Sep 3, 2026 Model this call Put · $31 In the money Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:59:59.901 UTC Last $6.35 Breakeven $24.65 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
503	2	—	—	$0.00	$0.09	$0.10		—	$6.60	$8.25	—	—	—	—
Call · $31.5 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:59:58.131 UTC Last $0.10 Breakeven $31.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 503 OI effective date Sep 3, 2026 Model this call Put · $31.5 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.901 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
263	10	—	—	$0.00	$0.28	$0.02		$7.30	$7.20	$8.40	—	—	1	1
Call · $32 Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:59.278 UTC Last $0.02 Breakeven $32.02 Implied vol — Delta — Gamma — Theta — Vega — Open interest 263 OI effective date Sep 3, 2026 Model this call Put · $32 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:59.702 UTC Last $7.30 Breakeven $24.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	2	—	—	$0.00	$0.45	$0.29		—	$7.50	$9.00	—	—	—	—
Call · $32.5 Daily-bar session Aug 3, 2026 Quote as of 2026-09-04 19:59:22.980 UTC Last $0.29 Breakeven $32.79 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $32.5 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.916 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
276	2	—	—	$0.00	$0.04	$0.01		$9.01	$8.30	$9.35	—	—	2	—
Call · $33 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.920 UTC Last $0.01 Breakeven $33.01 Implied vol — Delta — Gamma — Theta — Vega — Open interest 276 OI effective date Sep 3, 2026 Model this call Put · $33 In the money Daily-bar session Aug 12, 2026 Quote as of 2026-09-04 19:59:59.903 UTC Last $9.01 Breakeven $23.99 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
279	70	—	—	$0.00	$0.25	$0.09		$9.70	$9.30	$10.60	—	—	1	—
Call · $34 Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:55.602 UTC Last $0.09 Breakeven $34.09 Implied vol — Delta — Gamma — Theta — Vega — Open interest 279 OI effective date Sep 3, 2026 Model this call Put · $34 In the money Daily-bar session Aug 27, 2026 Quote as of 2026-09-04 19:59:59.703 UTC Last $9.70 Breakeven $24.30 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
78	20	—	—	$0.00	$0.01	$0.01		—	$10.00	$11.70	—	—	—	—
Call · $35 Daily-bar session Aug 27, 2026 Quote as of 2026-09-04 16:06:32.804 UTC Last $0.01 Breakeven $35.01 Implied vol — Delta — Gamma — Theta — Vega — Open interest 78 OI effective date Sep 3, 2026 Model this call Put · $35 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.956 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
520	2	—	—	$0.00	$0.27	$0.01		—	$11.15	$12.35	—	—	—	—
Call · $36 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.920 UTC Last $0.01 Breakeven $36.01 Implied vol — Delta — Gamma — Theta — Vega — Open interest 520 OI effective date Sep 3, 2026 Model this call Put · $36 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.956 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
62	21	—	—	$0.00	$0.25	$0.03		—	$11.50	$13.90	—	—	—	—
Call · $37 Daily-bar session Aug 27, 2026 Quote as of 2026-09-04 19:59:53.123 UTC Last $0.03 Breakeven $37.03 Implied vol — Delta — Gamma — Theta — Vega — Open interest 62 OI effective date Sep 3, 2026 Model this call Put · $37 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.919 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
21	2	—	—	$0.00	$0.45	$0.03		—	$12.50	$14.90	—	—	—	—
Call · $38 Daily-bar session Aug 26, 2026 Quote as of 2026-09-04 19:59:58.822 UTC Last $0.03 Breakeven $38.03 Implied vol — Delta — Gamma — Theta — Vega — Open interest 21 OI effective date Sep 3, 2026 Model this call Put · $38 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.571 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 3, 2026–Sep 4, 2026; 13 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. The 23 strikes around the money are shown by default — switch to "All 33" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.