TMV · Direxion Daily 20+ Year Treasury Bear 3X Shares ETF

Alerts for TMV

$42.40 -0.18 (-0.42%) At close · Sep 4

Options Chain

Underlying $42.40 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 13 days to expiry · 42 contracts · mixed daily-bar sessions · Jul 28, 2026–Sep 4, 2026; 4 unknown

Put / call OI

0.27

Call-heavy positioning

Open interest

3,858

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$39.00

$3.40 below spot

ATM implied vol

27.4%

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 Jan 15 132d Feb 19 167d Jan 21 503d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	74.5%	0.995	$11.90	$13.00	—		$0.03	$0.00	$0.75	—	—	10	11
Call · $30 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.081 UTC Last — Breakeven — Implied vol 74.5% Delta 0.995 ≈99% ITM Gamma 0.003 Theta -0.007 Vega 0.001 Open interest — OI effective date — Model this call Put · $30 Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:54.807 UTC Last $0.03 Breakeven $29.97 Implied vol — Delta — Gamma — Theta — Vega — Open interest 11 OI effective date Sep 3, 2026 Model this put
—	—	67.1%	0.995	$10.90	$12.00	—		$0.05	$0.00	$0.75	—	—	2	1
Call · $31 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:32.062 UTC Last — Breakeven — Implied vol 67.1% Delta 0.995 ≈99% ITM Gamma 0.003 Theta -0.006 Vega 0.001 Open interest — OI effective date — Model this call Put · $31 Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $0.05 Breakeven $30.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
15	4	—	—	$9.60	$11.10	$11.00		—	$0.00	$0.75	—	—	—	—
Call · $32 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:31.994 UTC Last $11.00 Breakeven $43.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 15 OI effective date Sep 3, 2026 Model this call Put · $32 Daily-bar session Unknown Quote as of 2026-09-04 19:59:54.807 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
3	6	—	—	$8.20	$9.80	$7.10		$0.05	$0.00	$0.75	—	—	1	1
Call · $33 In the money Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:59:31.991 UTC Last $7.10 Breakeven $40.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $33 Daily-bar session Jul 30, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $0.05 Breakeven $32.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
37	7	77.5%	0.944	$7.60	$9.60	$8.75		—	$0.00	$0.75	—	—	—	—
Call · $34 In the money Daily-bar session Aug 12, 2026 Quote as of 2026-09-04 19:59:58.879 UTC Last $8.75 Breakeven $42.75 Implied vol 77.5% Delta 0.944 ≈94% ITM Gamma 0.018 Theta -0.03 Vega 0.009 Open interest 37 OI effective date Sep 3, 2026 Model this call Put · $34 Daily-bar session Unknown Quote as of 2026-09-04 19:59:54.808 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
3	3	—	—	$6.60	$8.10	$7.63		$0.11	$0.00	$0.75	—	—	1	8
Call · $35 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:54.807 UTC Last $7.63 Breakeven $42.63 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $35 Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:54.809 UTC Last $0.11 Breakeven $34.89 Implied vol — Delta — Gamma — Theta — Vega — Open interest 8 OI effective date Sep 3, 2026 Model this put
6	2	—	—	$5.60	$7.10	$6.76		$0.03	$0.00	$0.05	—	—	1	116
Call · $36 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:54.807 UTC Last $6.76 Breakeven $42.76 Implied vol — Delta — Gamma — Theta — Vega — Open interest 6 OI effective date Sep 3, 2026 Model this call Put · $36 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 13:30:10.700 UTC Last $0.03 Breakeven $35.97 Implied vol — Delta — Gamma — Theta — Vega — Open interest 116 OI effective date Sep 3, 2026 Model this put
411	310	—	—	$4.70	$5.90	$6.09		$0.21	$0.00	$0.75	—	—	3	13
Call · $37 In the money Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:56.329 UTC Last $6.09 Breakeven $43.09 Implied vol — Delta — Gamma — Theta — Vega — Open interest 411 OI effective date Sep 3, 2026 Model this call Put · $37 Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:59:54.807 UTC Last $0.21 Breakeven $36.79 Implied vol — Delta — Gamma — Theta — Vega — Open interest 13 OI effective date Sep 3, 2026 Model this put
102	34	—	—	$3.70	$4.90	$4.72		$0.15	$0.00	$0.45	—	—	4	25
Call · $38 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:59.294 UTC Last $4.72 Breakeven $42.72 Implied vol — Delta — Gamma — Theta — Vega — Open interest 102 OI effective date Sep 3, 2026 Model this call Put · $38 Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:31.978 UTC Last $0.15 Breakeven $37.85 Implied vol — Delta — Gamma — Theta — Vega — Open interest 25 OI effective date Sep 3, 2026 Model this put
79	2	48.2%	0.836	$3.10	$4.50	$3.86		$0.16	$0.00	$0.25	—	—	1	52
Call · $39 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:56.329 UTC Last $3.86 Breakeven $42.86 Implied vol 48.2% Delta 0.836 ≈84% ITM Gamma 0.064 Theta -0.04 Vega 0.02 Open interest 79 OI effective date Sep 3, 2026 Model this call Put · $39 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:56:17.299 UTC Last $0.16 Breakeven $38.84 Implied vol — Delta — Gamma — Theta — Vega — Open interest 52 OI effective date Sep 3, 2026 Model this put
121	1	26.9%	0.885	$2.15	$3.00	$2.90		$0.23	$0.05	$0.40	-0.159	32.7%	6	60
Call · $40 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:56.267 UTC Last $2.90 Breakeven $42.90 Implied vol 26.9% Delta 0.885 ≈89% ITM Gamma 0.09 Theta -0.02 Vega 0.016 Open interest 121 OI effective date Sep 3, 2026 Model this call Put · $40 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:31.395 UTC Last $0.23 Breakeven $39.77 Implied vol 32.7% Delta -0.159 ≈16% ITM Gamma 0.093 Theta -0.024 Vega 0.019 Open interest 60 OI effective date Sep 3, 2026 Model this put
328	3	27.4%	0.758	$1.45	$2.10	$1.78		$0.48	$0.25	$0.70	-0.279	33.3%	1	104
Call · $41 In the money Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $1.78 Breakeven $42.78 Implied vol 27.4% Delta 0.758 ≈76% ITM Gamma 0.142 Theta -0.029 Vega 0.025 Open interest 328 OI effective date Sep 3, 2026 Model this call Put · $41 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.295 UTC Last $0.48 Breakeven $40.52 Implied vol 33.3% Delta -0.279 ≈28% ITM Gamma 0.126 Theta -0.033 Vega 0.027 Open interest 104 OI effective date Sep 3, 2026 Model this put
564	1	26.9%	0.594	$0.90	$1.30	$1.15		$0.81	$0.45	$0.90	-0.409	27.8%	60	169
Call · $42 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:59.791 UTC Last $1.15 Breakeven $43.15 Implied vol 26.9% Delta 0.594 ≈59% ITM Gamma 0.18 Theta -0.035 Vega 0.031 Open interest 564 OI effective date Sep 3, 2026 Model this call Put · $42 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:51.481 UTC Last $0.81 Breakeven $41.19 Implied vol 27.8% Delta -0.409 ≈41% ITM Gamma 0.174 Theta -0.032 Vega 0.031 Open interest 169 OI effective date Sep 3, 2026 Model this put
Underlying $42.40
127	7	26.3%	0.408	$0.40	$0.80	$0.48		$1.48	$1.00	$1.75	-0.567	33.7%	2	74
Call · $43 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:37.735 UTC Last $0.48 Breakeven $43.48 Implied vol 26.3% Delta 0.408 ≈41% ITM Gamma 0.185 Theta -0.033 Vega 0.031 Open interest 127 OI effective date Sep 3, 2026 Model this call Put · $43 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:31.960 UTC Last $1.48 Breakeven $41.52 Implied vol 33.7% Delta -0.567 ≈57% ITM Gamma 0.146 Theta -0.038 Vega 0.032 Open interest 74 OI effective date Sep 3, 2026 Model this put
218	1	31.3%	0.282	$0.25	$0.60	$0.45		$2.00	$1.65	$2.35	-0.71	32.4%	3	24
Call · $44 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $0.45 Breakeven $44.45 Implied vol 31.3% Delta 0.282 ≈28% ITM Gamma 0.135 Theta -0.034 Vega 0.027 Open interest 218 OI effective date Sep 3, 2026 Model this call Put · $44 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $2.00 Breakeven $42.00 Implied vol 32.4% Delta -0.71 ≈71% ITM Gamma 0.132 Theta -0.031 Vega 0.027 Open interest 24 OI effective date Sep 3, 2026 Model this put
238	5	32.7%	0.181	$0.15	$0.35	$0.25		$3.37	$2.50	$3.20	-0.799	35.4%	1	56
Call · $45 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:55:22.572 UTC Last $0.25 Breakeven $45.25 Implied vol 32.7% Delta 0.181 ≈18% ITM Gamma 0.101 Theta -0.027 Vega 0.021 Open interest 238 OI effective date Sep 3, 2026 Model this call Put · $45 In the money Daily-bar session Aug 28, 2026 Quote as of 2026-09-04 19:59:59.045 UTC Last $3.37 Breakeven $41.63 Implied vol 35.4% Delta -0.799 ≈80% ITM Gamma 0.099 Theta -0.027 Vega 0.023 Open interest 56 OI effective date Sep 3, 2026 Model this put
127	31	32.8%	0.103	$0.05	$0.20	$0.21		$4.75	$3.30	$4.00	-0.905	31.7%	5	16
Call · $46 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:50.130 UTC Last $0.21 Breakeven $46.21 Implied vol 32.8% Delta 0.103 ≈10% ITM Gamma 0.068 Theta -0.019 Vega 0.014 Open interest 127 OI effective date Sep 3, 2026 Model this call Put · $46 In the money Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $4.75 Breakeven $41.25 Implied vol 31.7% Delta -0.905 ≈91% ITM Gamma 0.067 Theta -0.012 Vega 0.014 Open interest 16 OI effective date Sep 3, 2026 Model this put
314	35	—	—	$0.00	$0.20	$0.11		$7.30	$4.40	$5.10	-0.877	44.9%	2	2
Call · $47 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:55:07.620 UTC Last $0.11 Breakeven $47.11 Implied vol — Delta — Gamma — Theta — Vega — Open interest 314 OI effective date Sep 3, 2026 Model this call Put · $47 In the money Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $7.30 Breakeven $39.70 Implied vol 44.9% Delta -0.877 ≈88% ITM Gamma 0.057 Theta -0.024 Vega 0.016 Open interest 2 OI effective date Sep 3, 2026 Model this put
195	30	—	—	$0.00	$0.15	$0.11		$8.20	$5.30	$6.30	-0.874	54.4%	11	11
Call · $48 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:31.567 UTC Last $0.11 Breakeven $48.11 Implied vol — Delta — Gamma — Theta — Vega — Open interest 195 OI effective date Sep 3, 2026 Model this call Put · $48 In the money Daily-bar session Jul 28, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $8.20 Breakeven $39.80 Implied vol 54.4% Delta -0.874 ≈87% ITM Gamma 0.048 Theta -0.031 Vega 0.017 Open interest 11 OI effective date Sep 3, 2026 Model this put
78	4	—	—	$0.00	$0.20	$0.16		$7.00	$6.10	$7.30	-0.914	53.7%	3	21
Call · $49 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:57:08.810 UTC Last $0.16 Breakeven $49.16 Implied vol — Delta — Gamma — Theta — Vega — Open interest 78 OI effective date Sep 3, 2026 Model this call Put · $49 In the money Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:59:54.808 UTC Last $7.00 Breakeven $42.00 Implied vol 53.7% Delta -0.914 ≈91% ITM Gamma 0.037 Theta -0.022 Vega 0.013 Open interest 21 OI effective date Sep 3, 2026 Model this put
76	4	—	—	$0.00	$0.25	$0.15		$7.94	$6.90	$8.10	—	—	50	52
Call · $50 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:54.807 UTC Last $0.15 Breakeven $50.15 Implied vol — Delta — Gamma — Theta — Vega — Open interest 76 OI effective date Sep 3, 2026 Model this call Put · $50 In the money Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:59:31.795 UTC Last $7.94 Breakeven $42.06 Implied vol — Delta — Gamma — Theta — Vega — Open interest 52 OI effective date Sep 3, 2026 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 28, 2026–Sep 4, 2026; 4 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.