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Direxion Daily S&P Biotech Bull 3X ETF LABU

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Market dataready · fetched 2026-11-10T22:15:48.939Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-13

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 · 2026-11-10T22:09:52.776941327Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-10T22:15:49.073515+00:00

Share price$236.45
1D-1.4%
AH$227$232$238$243$2495:30 AM6:30 AM9:00 AM1:00 PM2:00 PMLABU
Sold putSold callAH

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$2.01$8.70$15.38$22.07$28.76$203.56$220.23$236.90$253.57$270.2420Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive LABU spot · $236.45LABU PRICE$2.74$3.77$4.82$5.96$7.35$8.64$10.00$12.11$14.01$16.29$18.41$22.15$24.66$3.49$4.53$5.51$6.92$8.28$9.75$10.98$12.81$15.14$17.35$19.92$23.43$26.83
PutsExpensive1.18×
CallsExpensive1.09×
SkewBullish-4.25 pp
Implied moveBearish±$20.98
TiltBearish4.4% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ260.78120.1%11.4%214.63137.4%10.7%
25Δ256.88124.5%10.2%219.62133.1%9.0%
30Δ252.66125.2%8.9%224.14126.9%7.5%
35Δ248.67125.1%7.7%227.69128.4%6.6%
40Δ245.26128.4%6.8%231.25126.5%5.7%
45Δ241.59127.1%5.8%234.68125.0%4.9%
50Δ238.06125.3%4.9%237.92119.7%4.0%
55Δ234.67131.0%4.4%241.18119.4%3.4%
60Δ231.12131.2%3.7%244.69121.3%2.9%
65Δ227.43133.2%3.1%248.15120.2%2.4%
70Δ223.82130.9%2.4%251.83119.5%1.9%
75Δ219.08138.0%2.0%256.29121.2%1.5%
80Δ215.24133.1%1.5%260.64119.5%1.1%

20Δ

Calls
Pseudo strike
260.78
IV
120.1%
B/E move
11.4%
Puts
Pseudo strike
214.63
IV
137.4%
B/E move
10.7%

25Δ

Calls
Pseudo strike
256.88
IV
124.5%
B/E move
10.2%
Puts
Pseudo strike
219.62
IV
133.1%
B/E move
9.0%

30Δ

Calls
Pseudo strike
252.66
IV
125.2%
B/E move
8.9%
Puts
Pseudo strike
224.14
IV
126.9%
B/E move
7.5%

35Δ

Calls
Pseudo strike
248.67
IV
125.1%
B/E move
7.7%
Puts
Pseudo strike
227.69
IV
128.4%
B/E move
6.6%

40Δ

Calls
Pseudo strike
245.26
IV
128.4%
B/E move
6.8%
Puts
Pseudo strike
231.25
IV
126.5%
B/E move
5.7%

45Δ

Calls
Pseudo strike
241.59
IV
127.1%
B/E move
5.8%
Puts
Pseudo strike
234.68
IV
125.0%
B/E move
4.9%

50Δ

Calls
Pseudo strike
238.06
IV
125.3%
B/E move
4.9%
Puts
Pseudo strike
237.92
IV
119.7%
B/E move
4.0%

55Δ

Calls
Pseudo strike
234.67
IV
131.0%
B/E move
4.4%
Puts
Pseudo strike
241.18
IV
119.4%
B/E move
3.4%

60Δ

Calls
Pseudo strike
231.12
IV
131.2%
B/E move
3.7%
Puts
Pseudo strike
244.69
IV
121.3%
B/E move
2.9%

65Δ

Calls
Pseudo strike
227.43
IV
133.2%
B/E move
3.1%
Puts
Pseudo strike
248.15
IV
120.2%
B/E move
2.4%

70Δ

Calls
Pseudo strike
223.82
IV
130.9%
B/E move
2.4%
Puts
Pseudo strike
251.83
IV
119.5%
B/E move
1.9%

75Δ

Calls
Pseudo strike
219.08
IV
138.0%
B/E move
2.0%
Puts
Pseudo strike
256.29
IV
121.2%
B/E move
1.5%

80Δ

Calls
Pseudo strike
215.24
IV
133.1%
B/E move
1.5%
Puts
Pseudo strike
260.64
IV
119.5%
B/E move
1.1%

Options history

IV · four-Friday blend109.44%
Daily close
LABU76.4%96.9%117.4%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 12Sep 22Oct 30
57 observations2026-08-12 — 2026-10-30
Table
DateIV (%)
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%