SOXS - Direxion Daily Semiconductor Bear 3X ETF
The Direxion Daily Semiconductor Bear 3X ETF is designed to provide daily returns that are three times the inverse (opposite) of the NYSE Semiconductor Index's performance, prior to the deduction of fees and expenses. It is important to note that the fund does not guarantee it will always achieve these stated daily investment objectives.
As of Jun 30, 2026: spot at $3.21, ATM IV 181.3%, max pain $4.00, net GEX $244.3K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $134.6M
- Beta
- -4.62
- 52-Week Range
- 3.29-169.8
- Dividend Yield
- $2.26
- IPO Date
- Mar 11, 2010
- Exchange
- AMEX
What SOXS Looks Like to Options Traders Today
IV rank of 78.4% 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 ($244.3K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.205) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The SOXS 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 SOXS overview questions
- What is SOXS?
- SOXS is the ticker symbol for Direxion Daily Semiconductor Bear 3X ETF, an listed exchange-traded fund. The Direxion Daily Semiconductor Bear 3X ETF is designed to provide daily returns that are three times the inverse (opposite) of the NYSE Semiconductor Index's performance, prior to the deduction of fees and expenses. It is important to note that the fund does not guarantee it will always achieve these stated daily investment objectives. Listed on AMEX. SOXS 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 SOXS options snapshot look like today?
- As of Jun 30, 2026, the SOXS options snapshot shows spot at $3.21, ATM IV 181.3%, IV rank 78.4%, max pain $4.00, net GEX $244.3K, expected move 51.99%. 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 SOXS's key statistics?
- Direxion Daily Semiconductor Bear 3X ETF (SOXS) carries a market capitalization of $134.6M, 52-week range of 3.29-169.8. 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 SOXS belong to?
- Direxion Daily Semiconductor Bear 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 SOXS'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 SOXS 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.