NFXL - Direxion Daily NFLX Bull 2X Shares
This fund aims to provide daily returns that are two times the performance of NFLX (Netflix) stock. Under typical market conditions, it dedicates at least 80% of its total investment capital (including any borrowed funds) to achieving this goal. This allocation primarily involves direct investments in Netflix shares, as well as various financial instruments like swap agreements and options, all designed to generate a double-leveraged daily exposure to NFLX.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $112.4M
- Beta
- 0.79
- 52-Week Range
- 12.57-63.44
- Dividend Yield
- $2.16
- IPO Date
- Oct 3, 2024
- Exchange
- NASDAQ
NFXL Options Snapshot
Options pricing data for NFXL is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The NFXL 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 NFXL overview questions
- What is NFXL?
- NFXL is the ticker symbol for Direxion Daily NFLX Bull 2X Shares, an listed exchange-traded fund. This fund aims to provide daily returns that are two times the performance of NFLX (Netflix) stock. Under typical market conditions, it dedicates at least 80% of its total investment capital (including any borrowed funds) to achieving this goal. Listed on NASDAQ. NFXL 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 are NFXL's key statistics?
- Direxion Daily NFLX Bull 2X Shares (NFXL) carries a market capitalization of $112.4M, 52-week range of 12.57-63.44. 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 NFXL belong to?
- Direxion Daily NFLX Bull 2X Shares 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 NFXL'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 NFXL data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for NFXL, it usually reflects low options liquidity or a recently listed name. 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.