Direxion Daily Small Cap Bull 3X ETF (TNA)'s 30-day implied volatility (IV30) was 51.6% at the close on November 12, 2026, down from 53.1% the day before, against a 52-week range of 46.6% to 100.2%. Its 20-day historical volatility was 59.6%.

Key numbers

30-day implied volatility (IV30): 51.6%
IV30 52-week range: 46.6% to 100.2% (median 60.4%)
Historical volatility: 20-day 59.6%, 1-year 59.5%
Implied move by the nearest expiration: ±2.7%

Data as of November 12, 2026.

TNA Implied Volatility (IV) vs Historical Volatility (HV)

Name: TNA Implied Volatility
Creator: Market Chameleon