IntraAlpha
Create free account Start free

Direxion Daily S&P Biotech Bull 3X ETF LABU

i

Market dataready · fetched 2026-11-03T15:43:59.932Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-06

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-03T15:43:03.204088554Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-03T15:43:59.492370+00:00

Share price$247.96
1D+5.7%
$232$236$240$245$2495:30 AM6:30 AM9:00 AM1:00 PMLABU
Sold putSold call

Direxion Daily S&P Biotech Bull 3X ETF options

Live interpolated LABU call and put midpoint premiums by absolute delta.Direxion Daily S&P Biotech Bull 3X ETF$2.21$9.77$17.32$24.87$32.43$207.87$227.96$248.06$268.15$288.2420Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive LABU spot · $247.96LABU PRICE$3.03$4.00$5.13$6.36$7.87$9.59$11.66$13.67$16.05$18.91$22.11$25.81$30.25$4.40$5.75$7.07$8.43$9.98$11.56$13.00$15.17$17.12$19.33$21.97$25.30$28.76
PutsExpensive1.46×
CallsExpensive1.28×
SkewBullish-0.83 pp
Implied moveBearish±$24.66
TiltBearish3.7% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ275.16127.2%12.2%221.37163.4%12.5%
25Δ269.73126.3%10.4%227.41159.1%10.6%
30Δ265.24127.1%9.0%232.84153.3%8.9%
35Δ261.10127.7%7.9%237.70147.5%7.5%
40Δ257.46131.4%7.0%242.01144.2%6.4%
45Δ253.79135.0%6.2%246.07140.1%5.4%
50Δ250.06140.5%5.5%249.87134.1%4.5%
55Δ246.08141.8%4.8%253.70133.8%3.8%
60Δ242.01144.6%4.1%257.36130.2%3.1%
65Δ237.63148.8%3.5%261.04127.1%2.5%
70Δ232.93152.1%2.9%264.96125.3%2.0%
75Δ227.82155.2%2.3%269.39124.5%1.6%
80Δ222.05157.5%1.8%273.90121.9%1.1%

20Δ

Calls
Pseudo strike
275.16
IV
127.2%
B/E move
12.2%
Puts
Pseudo strike
221.37
IV
163.4%
B/E move
12.5%

25Δ

Calls
Pseudo strike
269.73
IV
126.3%
B/E move
10.4%
Puts
Pseudo strike
227.41
IV
159.1%
B/E move
10.6%

30Δ

Calls
Pseudo strike
265.24
IV
127.1%
B/E move
9.0%
Puts
Pseudo strike
232.84
IV
153.3%
B/E move
8.9%

35Δ

Calls
Pseudo strike
261.10
IV
127.7%
B/E move
7.9%
Puts
Pseudo strike
237.70
IV
147.5%
B/E move
7.5%

40Δ

Calls
Pseudo strike
257.46
IV
131.4%
B/E move
7.0%
Puts
Pseudo strike
242.01
IV
144.2%
B/E move
6.4%

45Δ

Calls
Pseudo strike
253.79
IV
135.0%
B/E move
6.2%
Puts
Pseudo strike
246.07
IV
140.1%
B/E move
5.4%

50Δ

Calls
Pseudo strike
250.06
IV
140.5%
B/E move
5.5%
Puts
Pseudo strike
249.87
IV
134.1%
B/E move
4.5%

55Δ

Calls
Pseudo strike
246.08
IV
141.8%
B/E move
4.8%
Puts
Pseudo strike
253.70
IV
133.8%
B/E move
3.8%

60Δ

Calls
Pseudo strike
242.01
IV
144.6%
B/E move
4.1%
Puts
Pseudo strike
257.36
IV
130.2%
B/E move
3.1%

65Δ

Calls
Pseudo strike
237.63
IV
148.8%
B/E move
3.5%
Puts
Pseudo strike
261.04
IV
127.1%
B/E move
2.5%

70Δ

Calls
Pseudo strike
232.93
IV
152.1%
B/E move
2.9%
Puts
Pseudo strike
264.96
IV
125.3%
B/E move
2.0%

75Δ

Calls
Pseudo strike
227.82
IV
155.2%
B/E move
2.3%
Puts
Pseudo strike
269.39
IV
124.5%
B/E move
1.6%

80Δ

Calls
Pseudo strike
222.05
IV
157.5%
B/E move
1.8%
Puts
Pseudo strike
273.90
IV
121.9%
B/E move
1.1%

Options history

IV · four-Friday blend109.44%
Daily close
LABU76.4%96.9%117.4%2026-08-05: 103.09%2026-08-06: 102.04%2026-08-07: 95.00%2026-08-10: 96.65%2026-08-11: 94.12%2026-08-12: 89.38%2026-08-13: 85.55%2026-08-14: 79.20%2026-08-17: 87.38%2026-08-18: 88.01%2026-08-19: 102.20%2026-08-20: 102.41%2026-08-21: 95.09%2026-08-24: 100.54%2026-08-25: 101.42%2026-08-26: 96.79%2026-08-27: 94.86%2026-08-28: 86.34%2026-08-31: 88.86%2026-09-01: 87.68%2026-09-02: 89.15%2026-09-03: 90.31%2026-09-04: 81.16%2026-09-08: 94.57%2026-09-09: 94.26%2026-09-10: 96.20%2026-09-11: 85.23%2026-09-14: 90.24%2026-09-15: 96.48%2026-09-16: 98.68%2026-09-17: 97.80%2026-09-18: 86.85%2026-09-21: 92.62%2026-09-22: 90.59%2026-09-23: 101.75%2026-09-24: 99.58%2026-09-25: 92.27%2026-09-28: 101.44%2026-09-29: 97.35%2026-09-30: 96.70%2026-10-01: 93.46%2026-10-02: 88.85%2026-10-05: 96.54%2026-10-06: 99.72%2026-10-07: 96.77%2026-10-08: 113.25%2026-10-09: 90.54%2026-10-12: 93.94%2026-10-13: 98.61%2026-10-14: 102.41%2026-10-15: 99.08%2026-10-16: 101.69%2026-10-19: 100.99%2026-10-20: 100.32%2026-10-21: 101.07%2026-10-22: 114.54%2026-10-23: 101.90%2026-10-26: 106.48%2026-10-27: 105.83%2026-10-28: 108.54%2026-10-29: 102.24%2026-10-30: 109.44%Aug 5Sep 17Oct 30
62 observations2026-08-05 — 2026-10-30
Table
DateIV (%)
103.09%
102.04%
95.00%
96.65%
94.12%
89.38%
85.55%
79.20%
87.38%
88.01%
102.20%
102.41%
95.09%
100.54%
101.42%
96.79%
94.86%
86.34%
88.86%
87.68%
89.15%
90.31%
81.16%
94.57%
94.26%
96.20%
85.23%
90.24%
96.48%
98.68%
97.80%
86.85%
92.62%
90.59%
101.75%
99.58%
92.27%
101.44%
97.35%
96.70%
93.46%
88.85%
96.54%
99.72%
96.77%
113.25%
90.54%
93.94%
98.61%
102.41%
99.08%
101.69%
100.99%
100.32%
101.07%
114.54%
101.90%
106.48%
105.83%
108.54%
102.24%
109.44%