TipRanks
Go Ultimate55% OFF

SPDN ETF Options Chain and Prices

See Unusual Options Activity for SPDN 🔥
In the Money

SPDN Option Calls

11/20/26 (m)

SPDN Option Puts

SPDN Option Calls 11/20/26 (m)

1.0―――――
2.0―――――
3.0$5.43-1.27%2009/21, 05:34 PM
4.0―――――
5.0―――――
6.0―――――
7.0―――――
8.0$0.65+38.30%189310/30, 06:37 PM
9.0$0.08-11.11%925010/16, 07:53 PM
10.0―――――
11.0―――――
12.0―――――
13.0―――――
14.0―――――
15.0―――――
16.0―――――
17.0―――――

SPDN Option Puts 11/20/26 (m)

1.0―――――
2.0―――――
3.0―――――
4.0―――――
5.0―――――
6.0―――――
7.0―――――
8.0$0.07-65.00%1510/27, 01:30 PM
9.0$0.20-77.78%1110/28, 07:25 PM
10.0―――――
11.0―――――
12.0―――――
13.0―――――
14.0―――――
15.0―――――
16.0―――――
17.0―――――

SPDN Options Summary

Expiring Nov 20, 2026 · As of Oct 30, 2026, 2:37 PM ET

Put/Call Ratio (Volume)
0.07
Put/Call Ratio (Open Interest)
0.02
ATM Implied Volatility
26.8%
Expected Move by Nov 20, 2026
±$0.28 (±3.26%)
Max Pain
$8.00

Top 2 Strikes by Open Interest

StrikeCall OIPut OITotal OI
$9.002501251
$8.0093598

FAQ

What is the put/call ratio for SPDN options?
SPDN options expiring Nov 20, 2026 show a put/call volume ratio of 0.07 (2 puts vs. 29 calls traded) and a put/call open interest ratio of 0.02 (6 puts vs. 343 calls open) as of Oct 30, 2026, 2:37 PM ET. A ratio above 1 means more puts than calls, which often reflects hedging or a bearish tilt.
What is the implied volatility of SPDN options?
The at-the-money implied volatility of SPDN options expiring Nov 20, 2026 is 26.8%, derived from the prices of the $9.00 strike call and put as of Oct 30, 2026, 2:37 PM ET.
What is the expected move for SPDN by Nov 20, 2026?
The options market prices an expected move of ±$0.28 (±3.26%) for SPDN by the Nov 20, 2026 expiration. This is the price of the at-the-money straddle at the $9.00 strike.
What is the max pain price for SPDN options?
The max pain strike for SPDN options expiring Nov 20, 2026 is $8.00. At that price, the open SPDN calls and puts would pay their holders the least at expiration.
Which SPDN option strikes have the most open interest?
For the Nov 20, 2026 expiration, the SPDN strikes with the most open interest are $9.00 (251 contracts), $8.00 (98 contracts).

Options chain for Direxion Daily S&P 500 Bear 1X Shares (SPDN).