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$SOXS is facing a lot of negative pressure with an imbalance of -518 K. Learn more about net option delta
$SOXS Bearish pressure building up in the options market. On-Balance net option delta is -488 K.

SOXS 35.24-6.25 (-15.1%)Direxion Daily Semiconductor Bear 3X ETF

  • ATM straddle for 25-Sep-26 expiration returned a positive 52.7% from the previous business day
  • The upside wing (25 delta calls) declined -92.6%
  • Downside put (25 delta puts) gained 308.3%
  • The option volume for 25-Sep-26 expiration is 39,902
30-day Implied Volatility (IV30) Falls to Lowest Level in 8 months

SOXS Direxion Daily Semiconductor Bear 3X ETF41.72-3.27 (-7.3%)

The IV30 fell to 99.2, the lowest level since Jan 16, 2026 when it traded at 100.7. Stock Option traders are pricing in an average daily move of ±6.2%. The 52-Week historical volatility is 139.2 with an average daily move of ±8.8%. View Implied Vol
30-Day Downside Put Protection Falls to Lowest Level in 8 months

SOXS Direxion Daily Semiconductor Bear 3X ETF43.89-1.10 (-2.4%)

The cost to protect downside risk fell to 11.4%, the lowest level since Jan 27, 2026 when it was at 11.5%. The 52-Week average is 14.3% and the 52-Week range is 9.1% - 23.5%.
30-day Implied Volatility (IV30) Falls to Lowest Level in 8 months

SOXS Direxion Daily Semiconductor Bear 3X ETF43.40-1.59 (-3.5%)

The IV30 fell to 102.7, the lowest level since Jan 28, 2026 when it traded at 102.8. Stock Option traders are pricing in an average daily move of ±6.5%. The 52-Week historical volatility is 139.2 with an average daily move of ±8.8%. View Implied Vol
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