Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) 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 Homebuilders & Supplies Bull 3X ETF (NAIL) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $440.9M, listed on AMEX, carrying a beta of 4.61 to the broader market. The Direxion Daily Homebuilders & Supplies Bull 3X ETF seeks daily investment results, before fees and expenses, of 300% of the performance of the Dow Jones U. public since 2015-08-19.
Snapshot as of May 15, 2026.
- Spot Price
- $31.54
- Call OI
- 40.6K
- Put OI
- 24.9K
- Total OI
- 65.5K
- Put/Call Ratio
- 0.86
As of May 15, 2026, Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) has 65.5K total contracts outstanding across all expirations. Put/call OI ratio is 0.61 (call-heavy 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 NAIL open interest history Data Feeds Strategy Selection
Strategy selection on Direxion Daily Homebuilders & Supplies Bull 3X 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 99.5% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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 NAIL open interest history questions
- What is the current NAIL options open interest?
- As of May 15, 2026, Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) has 65.5K total contracts outstanding across all listed expirations, split as 40.6K calls and 24.9K 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 NAIL put/call open interest ratio?
- Put/call OI ratio of 0.61 is call-heavy, often a directional bullish or upside-speculation signal.
- What does NAIL 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.