What is the current ELIL options open interest?

As of May 15, 2026, Direxion Daily LLY Bull 2X ETF (ELIL) has 1.4K total contracts outstanding across all listed expirations, split as 667 calls and 737 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.

What is the ELIL put/call open interest ratio?

Put/call OI ratio of 1.10 is balanced.

What does ELIL open interest tell traders?

Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.

Direxion Daily LLY Bull 2X ETF (ELIL) Open Interest History

Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.

Direxion Daily LLY Bull 2X ETF (ELIL) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $24.8M, listed on NASDAQ, carrying a beta of -0.09 to the broader market. The Direxion Daily LLY Bull 2X ETF and Direxion Daily LLY Bear 1X ETF seek daily investment results, before fees and expenses, of 200% and 100% of the inverse (or opposite), respectively, of the performance of the common shares of Eli Lilly and Company (NYSE: LLY). public since 2025-03-26.

Snapshot as of May 15, 2026.

Spot Price: $22.35
Call OI: 667
Put OI: 737
Total OI: 1.4K
Put/Call Ratio: 0.19

As of May 15, 2026, Direxion Daily LLY Bull 2X ETF (ELIL) has 1.4K total contracts outstanding across all expirations. Put/call OI ratio is 1.10 (balanced positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.

How ELIL open interest history Data Feeds Strategy Selection

Strategy selection on Direxion Daily LLY Bull 2X ETF options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 67.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how open interest is reported and how to read the data →

Frequently asked ELIL open interest history questions

What is the current ELIL options open interest?: As of May 15, 2026, Direxion Daily LLY Bull 2X ETF (ELIL) has 1.4K total contracts outstanding across all listed expirations, split as 667 calls and 737 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
What is the ELIL put/call open interest ratio?: Put/call OI ratio of 1.10 is balanced.
What does ELIL open interest tell traders?: Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.