NVDU - Direxion Daily NVDA Bull 2X ETF
The Direxion Daily NVDA Bull 2X ETF (NVDU) and Direxion Daily NVDA Bear 1X ETF (NVDD) are structured to provide specific daily investment outcomes tied to NVIDIA's stock. Before fees and expenses, NVDU seeks to deliver twice (200%) the daily performance of NVIDIA Corporation (NASDAQ: NVDA) common shares. Conversely, NVDD aims to achieve the inverse, or opposite, of NVIDIA's daily performance at a 100% ratio.
As of Jun 30, 2026: spot at $117.97, ATM IV 72.4%, max pain $115.56, net GEX $340.8K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $389.2M
- Beta
- 3.88
- 52-Week Range
- 86.02-172.89
- Dividend Yield
- $6.88
- IPO Date
- Sep 13, 2023
- Exchange
- NASDAQ
What NVDU Looks Like to Options Traders Today
IV rank of 18.8% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($340.8K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.092) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The NVDU 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 NVDU overview questions
- What is NVDU?
- NVDU is the ticker symbol for Direxion Daily NVDA Bull 2X ETF, an listed exchange-traded fund. The Direxion Daily NVDA Bull 2X ETF (NVDU) and Direxion Daily NVDA Bear 1X ETF (NVDD) are structured to provide specific daily investment outcomes tied to NVIDIA's stock. Before fees and expenses, NVDU seeks to deliver twice (200%) the daily performance of NVIDIA Corporation (NASDAQ: NVDA) common shares. Listed on NASDAQ. NVDU 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 NVDU options snapshot look like today?
- As of Jun 30, 2026, the NVDU options snapshot shows spot at $117.97, ATM IV 72.4%, IV rank 18.8%, max pain $115.56, net GEX $340.8K, expected move 20.76%. 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 NVDU's key statistics?
- Direxion Daily NVDA Bull 2X ETF (NVDU) carries a market capitalization of $389.2M, 52-week range of 86.02-172.89. 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 NVDU belong to?
- Direxion Daily NVDA Bull 2X 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 NVDU'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 NVDU 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.