PLTD - Direxion Shares ETF Trust - Direxion Daily PLTR Bear 1X ETF
PLTD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Palantir Technologies (PLTR) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification.
As of Oct 13, 2026: spot at $4.29, ATM IV 395.2%, max pain $5.00, net GEX $2.1K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $27.7M
- Beta
- -0.39
- 52-Week Range
- 4.205-9.73
- Dividend Yield
- $0.23
- IPO Date
- Dec 12, 2024
- Exchange
- NASDAQ
What PLTD Looks Like to Options Traders Today
IV rank of 88.3% signals elevated pricing relative to the 1-year history, conditions that typically favor premium-selling structures (credit spreads, iron condors, covered calls); positive net gamma exposure ($2.1K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.152) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The PLTD 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.
PLTD fund facts: expense ratio 0.99%, assets under management $28.1M, NAV $4.67 as of the data source's update on Oct 8, 2026, launched Dec 11, 2024, issued by Direxion. See the PLTD holdings.
Frequently asked PLTD overview questions
- What is PLTD?
- PLTD is the ticker symbol for Direxion Shares ETF Trust - Direxion Daily PLTR Bear 1X ETF, an listed exchange-traded fund. PLTD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Palantir Technologies (PLTR) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Listed on NASDAQ. PLTD 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 PLTD options snapshot look like today?
- As of Oct 13, 2026, the PLTD options snapshot shows spot at $4.29, ATM IV 395.2%, IV rank 88.3%, max pain $5.00, net GEX $2.1K, expected move 113.30%. 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 PLTD's key statistics?
- Direxion Shares ETF Trust - Direxion Daily PLTR Bear 1X ETF (PLTD) carries a market capitalization of $27.7M, 52-week range of 4.205-9.73. 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 PLTD belong to?
- Direxion Shares ETF Trust - Direxion Daily PLTR Bear 1X ETF operates in the Financial Services sector, in the Asset Management 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 PLTD'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 PLTD data on this page?
- The options snapshot above is dated Oct 13, 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.