Closed
⌘K
Sign in Sign up

Direxion Daily Small Cap Bear TZA 44.07 -0.8 -1.78%

TZA Delta Exposure (DEX)

TZA (Direxion Daily Small Cap Bear): Compare call and put delta exposure by strike to understand directional positioning. Free delayed preview.

Previous-day view · Mon Sep 21 close. You are previewing the previous trading day. Subscribe to see today live and every other date — plans start at Delta, $39/mo. Sign up Sign in
ATM IV
0.521
Put Call Ratio (OI)
0.737
Put Call Ratio (Vol)
0.501
IV Rank
0.85
IV Percentile
2.76
Max Pain
45.5

Delta exposure (2026-09-21)

Delta approximates how many cents the option moves for a $1 move in the underlying.

A 0.50 call gains ~$0.50 if the stock goes up $1. Delta also approximates the option's probability of finishing in the money.

DTE \text{DTE}
4.0
851.0
| Δ | |\Delta|
0.00
1.00
Moneyness Moneyness
-43.1
43.1
View values by strike
TZA · Delta exposure · 2026-09-21. Delta-weighted share equivalents.
StrikeCallsPuts
2.00 0 -58.5
3.00 0 -649
4.00 0 -2.62 K
5.00 0 -14.5 K
6.00 0 -15.2 K
7.00 0 -7.69 K
8.00 0 -4.64 K
9.00 0 -11.9 K
10.00 0 -9.37 K
11.00 0 -129
12.00 0 -10.7 K
13.00 0 -274
14.00 0 -427
15.00 0 -1.18 K
16.00 0 -251
17.00 0 -517
18.00 0 -353
19.00 0 -4.1
20.00 2.49 K -786
22.00 0 -12.7
25.00 20.8 K -139
30.00 288 -1.39 K
32.00 0 -114
32.50 0 -68.3
33.00 89.1 -14
33.50 0 -28.9
34.00 87.2 -62.8
34.50 0 -30.4
35.00 10 K -2.76 K
36.00 16.1 K -2.81 K
36.50 0 -45.1
37.00 51.8 K -762
37.50 0 -359
38.00 24.3 K -6.02 K
38.50 0 -745
39.00 88 K -3.79 K
39.50 0 -740
40.00 102 K -7.79 K
40.50 400 -375
41.00 79.2 K -10.3 K
41.50 0 -3.2 K
42.00 95 K -3.66 K
42.50 149 -785
43.00 61.1 K -16.2 K
43.50 1.01 K -11.9 K
44.00 38.6 K -2.96 K
44.50 683 -3.06 K
45.00 52.9 K -2.24 K
45.50 309 -84.1 K
46.00 4.83 K -1.07 K
46.50 2.09 K -218
47.00 40.2 K 0
47.50 200 0
48.00 780 0
48.50 55.6 0
49.00 20.3 K 0
50.00 23.7 K -17.6 K
52.00 0 -154
54.00 706 -84.7
55.00 5.89 K -2.13 K
60.00 13.9 K -9.37 K
65.00 52.5 0