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Direxion Daily MSCI Brazil Bull 2X ETF BRZU

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Market dataready · fetched 2026-11-12T03:32:12.282Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

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 · 2026-11-12T01:00:00.119468939Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-12T03:32:11.861837+00:00

Share price$69.80
1D+0.3%
AH$69.53$69.77$70.02$70.26$70.505:30 AM6:30 AM9:00 AM1:00 PM2:00 PMBRZU
Sold putSold callAH

Direxion Daily MSCI Brazil Bull 2X ETF options

Live interpolated BRZU call and put midpoint premiums by absolute delta.Direxion Daily MSCI Brazil Bull 2X ETF$0.37$2.75$5.13$7.51$9.89$61.00$65.32$69.64$73.96$78.2820Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive BRZU spot · $69.80BRZU PRICE$0.63$0.97$1.36$1.74$2.12$2.50$2.88$3.36$3.87$4.38$4.89$5.40$6.20$1.01$1.30$1.59$1.88$2.18$2.47$2.84$3.49$4.15$4.80$5.45$6.11$9.20
PutsExpensive1.19×
CallsExpensive1.05×
SkewBearish+2.95 pp
Implied moveBalanced±$5.73
TiltBearish7.1% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ75.3753.7%8.9%63.4275.7%10.6%
25Δ74.3155.1%7.9%64.9974.8%8.7%
30Δ73.5057.9%7.2%66.0471.7%7.7%
35Δ72.6860.8%6.6%67.0968.7%6.6%
40Δ71.8763.6%6.0%68.1465.6%5.5%
45Δ71.0666.4%5.4%69.1862.6%4.4%
50Δ70.2569.2%4.8%70.2160.3%3.5%
55Δ69.3569.1%4.2%71.1760.7%3.0%
60Δ68.4267.7%3.6%72.1361.1%2.6%
65Δ67.4966.3%3.0%73.0861.6%2.2%
70Δ66.5664.9%2.4%74.0462.0%1.7%
75Δ65.6363.4%1.8%75.0162.4%1.3%
80Δ64.4862.7%1.3%78.2871.9%1.0%

20Δ

Calls
Pseudo strike
75.37
IV
53.7%
B/E move
8.9%
Puts
Pseudo strike
63.42
IV
75.7%
B/E move
10.6%

25Δ

Calls
Pseudo strike
74.31
IV
55.1%
B/E move
7.9%
Puts
Pseudo strike
64.99
IV
74.8%
B/E move
8.7%

30Δ

Calls
Pseudo strike
73.50
IV
57.9%
B/E move
7.2%
Puts
Pseudo strike
66.04
IV
71.7%
B/E move
7.7%

35Δ

Calls
Pseudo strike
72.68
IV
60.8%
B/E move
6.6%
Puts
Pseudo strike
67.09
IV
68.7%
B/E move
6.6%

40Δ

Calls
Pseudo strike
71.87
IV
63.6%
B/E move
6.0%
Puts
Pseudo strike
68.14
IV
65.6%
B/E move
5.5%

45Δ

Calls
Pseudo strike
71.06
IV
66.4%
B/E move
5.4%
Puts
Pseudo strike
69.18
IV
62.6%
B/E move
4.4%

50Δ

Calls
Pseudo strike
70.25
IV
69.2%
B/E move
4.8%
Puts
Pseudo strike
70.21
IV
60.3%
B/E move
3.5%

55Δ

Calls
Pseudo strike
69.35
IV
69.1%
B/E move
4.2%
Puts
Pseudo strike
71.17
IV
60.7%
B/E move
3.0%

60Δ

Calls
Pseudo strike
68.42
IV
67.7%
B/E move
3.6%
Puts
Pseudo strike
72.13
IV
61.1%
B/E move
2.6%

65Δ

Calls
Pseudo strike
67.49
IV
66.3%
B/E move
3.0%
Puts
Pseudo strike
73.08
IV
61.6%
B/E move
2.2%

70Δ

Calls
Pseudo strike
66.56
IV
64.9%
B/E move
2.4%
Puts
Pseudo strike
74.04
IV
62.0%
B/E move
1.7%

75Δ

Calls
Pseudo strike
65.63
IV
63.4%
B/E move
1.8%
Puts
Pseudo strike
75.01
IV
62.4%
B/E move
1.3%

80Δ

Calls
Pseudo strike
64.48
IV
62.7%
B/E move
1.3%
Puts
Pseudo strike
78.28
IV
71.9%
B/E move
1.0%

Options history

IV · four-Friday blend63.97%
Daily close
BRZU53.6%75.4%97.2%2026-08-13: 57.88%2026-08-14: 56.59%2026-08-17: 60.75%2026-08-18: 62.39%2026-08-19: 61.87%2026-08-20: 66.63%2026-08-21: 64.11%2026-08-24: 64.88%2026-08-25: 67.06%2026-08-26: 67.52%2026-08-27: 66.25%2026-08-28: 67.21%2026-08-31: 66.87%2026-09-01: 70.28%2026-09-02: 73.90%2026-09-03: 68.68%2026-09-04: 68.50%2026-09-08: 72.84%2026-09-09: 73.20%2026-09-10: 73.28%2026-09-11: 73.50%2026-09-14: 76.98%2026-09-15: 79.06%2026-09-16: 80.09%2026-09-17: 85.65%2026-09-18: 80.76%2026-09-21: 81.74%2026-09-22: 83.34%2026-09-23: 83.48%2026-09-24: 84.54%2026-09-25: 85.01%2026-09-28: 87.57%2026-09-29: 88.61%2026-09-30: 88.78%2026-10-01: 89.71%2026-10-02: 92.14%2026-10-05: 67.18%2026-10-06: 65.54%2026-10-07: 67.03%2026-10-08: 67.41%2026-10-09: 65.27%2026-10-12: 69.12%2026-10-13: 72.29%2026-10-14: 75.42%2026-10-15: 87.27%2026-10-20: 86.17%2026-10-21: 88.48%2026-10-22: 94.18%2026-10-23: 92.75%2026-10-26: 67.92%2026-10-27: 65.67%2026-10-28: 64.05%2026-10-29: 63.72%2026-10-30: 63.97%Aug 13Sep 21Oct 30
54 observations2026-08-13 — 2026-10-30
Table
DateIV (%)
57.88%
56.59%
60.75%
62.39%
61.87%
66.63%
64.11%
64.88%
67.06%
67.52%
66.25%
67.21%
66.87%
70.28%
73.90%
68.68%
68.50%
72.84%
73.20%
73.28%
73.50%
76.98%
79.06%
80.09%
85.65%
80.76%
81.74%
83.34%
83.48%
84.54%
85.01%
87.57%
88.61%
88.78%
89.71%
92.14%
67.18%
65.54%
67.03%
67.41%
65.27%
69.12%
72.29%
75.42%
87.27%
86.17%
88.48%
94.18%
92.75%
67.92%
65.67%
64.05%
63.72%
63.97%