Direxion Flight to Safety Strategy ETF (FLYT) Options Greeks
Options Greeks measure sensitivity to various factors: Delta (price), Gamma (delta change), Theta (time decay), and Vega (volatility). They are essential for risk management and position sizing.
Direxion Flight to Safety Strategy ETF (FLYT) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $15.0M, listed on AMEX, carrying a beta of 0.00 to the broader market. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index. public since 2020-02-05.
Snapshot as of May 15, 2026.
- Spot Price
- $26.86
- Net Gamma
- -$100
- Net Delta
- -$319.4K
- Net Vega
- -$444
- ATM IV
- 215.0%
- Gamma Concentration
- 0.18
As of May 15, 2026, Direxion Flight to Safety Strategy ETF (FLYT) aggregate Greeks are net delta -$319.4K, net gamma -$100, net vega -$444, ATM IV 215.0%. Gamma concentration is 0.18: gamma is more dispersed, reducing any single-strike pinning force. Delta measures directional exposure, gamma measures the rate of delta change, and vega measures sensitivity to implied volatility. Net aggregate Greeks summarize the total dealer book across all strikes and expirations.
How FLYT options greeks Data Feeds Strategy Selection
Strategy selection on Direxion Flight to Safety Strategy ETF options does not derive from any single metric in isolation. The options greeks view above sits inside a broader read: ATM IV currently sits at 215.0% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the options greeks 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 options Greeks is reported and how to read the data →