HIBL - Direxion Daily S&P 500 High Beta Bull 3X ETF
The Direxion Daily S&P 500 High Beta Bull 3X ETF, and its corresponding bearish fund, are designed to provide daily returns equivalent to three times (300%) the performance of the S&P 500 High Beta Index, or three times its opposite for the inverse product. These results are measured before the deduction of any fees or operational costs. Investors should be aware, however, that there is no certainty these funds will consistently achieve their specified daily investment goal.
As of Jun 30, 2026: spot at $131.92, ATM IV 91.7%, max pain $114.00, net GEX $17.5K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $96.8M
- Beta
- 5.07
- 52-Week Range
- 41.55-138.113
- Dividend Yield
- $1.49
- IPO Date
- Nov 7, 2019
- Exchange
- AMEX
What HIBL 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; positive net gamma exposure ($17.5K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.317) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The HIBL 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.
Frequently asked HIBL overview questions
- What is HIBL?
- HIBL is the ticker symbol for Direxion Daily S&P 500 High Beta Bull 3X ETF, an listed exchange-traded fund. The Direxion Daily S&P 500 High Beta Bull 3X ETF, and its corresponding bearish fund, are designed to provide daily returns equivalent to three times (300%) the performance of the S&P 500 High Beta Index, or three times its opposite for the inverse product. These results are measured before the deduction of any fees or operational costs. Listed on AMEX. HIBL is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the HIBL options snapshot look like today?
- As of Jun 30, 2026, the HIBL options snapshot shows spot at $131.92, ATM IV 91.7%, IV rank 61.5%, max pain $114.00, net GEX $17.5K, expected move 26.29%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are HIBL's key statistics?
- Direxion Daily S&P 500 High Beta Bull 3X ETF (HIBL) carries a market capitalization of $96.8M, 52-week range of 41.55-138.113. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does HIBL belong to?
- Direxion Daily S&P 500 High Beta Bull 3X ETF operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare HIBL's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the HIBL data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.