No headlines found.
No press releases found.
No news found.
The Direxion PLTR Defined Income Boost ETF (the "Fund") seeks investment results, before fees and expenses, that track the Cboe PLTR Defined Income Index (the "Index"). The Index is designed to track the performance of an investment strategy that systematically attempts to collect a target amount of income from option premiums by writing (selling) weekly, out-of-the-money equity call options on an underlying security (i.e., common shares of Palantir Technologies Inc. (NASDAQ: PLTR) ("PLTR")) based on the Index's target distribution amount, with daily delta hedging (as discussed below) conducted through long positions in the underlying security. The Index's target distribution amount is set by Cboe Global Indices, LLC (the "Index Provider") and is currently set at an annualized distribution rate of 20%. Palantir Technologies Inc. specializes in software platforms for big data analytics. The Index is constructed such that at the end of each week (generally Friday), an out-of-the-money call option on PLTR is sold that typically expires at the end of the following week. The seller of a call option receives a payment ("premium") from the buyer. Using this strategy, the Index generates income in the form of option premiums.
Direxion Pltr Defined Income Boost ETF trades on the BATS stock market under the symbol PLIB.
As of August 28, 2026, PLIB stock price climbed to $35.46 with 307 million shares trading.
PLIB has a market cap of $2.84 million. This is considered a Sub-Micro Cap stock.
PLIB support price is $33.75 and resistance is $36.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PLIB shares will trade within this expected range on the day.
