FLYT - Direxion Flight to Safety Strategy ETF
The Direxion Flight to Safety Strategy ETF (FLYT) typically allocates a minimum of 80% of its assets to the components of its benchmark index. This underlying index is designed to track a volatility-weighted collection of specific "safe haven" investments: gold, shares of large-capitalization U. S.
As of Jun 30, 2026: spot at $10.77, ATM IV 211.5%, max pain $15.00, net GEX -$773.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $15.0M
- Beta
- 0.00
- 52-Week Range
- 45.96-51.38
- IPO Date
- Feb 5, 2020
- Exchange
- AMEX
What FLYT Looks Like to Options Traders Today
IV rank of 61.5% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$773) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.064) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The FLYT overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.