Direxion Daily Semiconductor Bear 3X ETF (SOXS) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Direxion Daily Semiconductor Bear 3X ETF (SOXS) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $265.1M, listed on AMEX, carrying a beta of -4.35 to the broader market. The Direxion Daily Semiconductor Bull and Bear 3X ETFs seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the NYSE Semiconductor Index. public since 2010-03-11.

Snapshot as of May 15, 2026.

Spot Price
$9.09
Total OI
710.8K
Total Volume
251.8K
Front Expiration
28 days
Second Expiration
34 days
ATM IV
147.0%
Avg Bid/Ask Spread
25.01%

As of May 15, 2026, Direxion Daily Semiconductor Bear 3X ETF (SOXS) has 710.8K open contracts and 251.8K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 147.0%. Average bid/ask spread across the chain is 25.01%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How SOXS options chain Data Feeds Strategy Selection

Strategy selection on Direxion Daily Semiconductor Bear 3X ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 147.0% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain 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 the options chain is reported and how to read the data →

SOXS most-active contracts

TypeStrikeExpirationVolumeOIIVBidAsk
CALL$19.00May 22, 2026138691249.5%$0.01$0.08
PUT$19.00May 22, 202615156249.5%$9.80$10.25
CALL$32.00Jun 5, 202612108247.3%$0.02$0.23
CALL$18.00May 22, 2026167540242.3%$0.02$0.05
PUT$17.00May 22, 20260123238.4%$7.75$8.45
CALL$23.00Jun 5, 20260190236.8%$0.06$0.68

Top 6 contracts from the ORATS-sourced nightly scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.

Frequently asked SOXS options chain questions

What does the SOXS options chain show right now?
As of May 15, 2026, Direxion Daily Semiconductor Bear 3X ETF (SOXS) has 710.8K contracts outstanding and 251.8K traded today, with ATM IV of 147.0%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for SOXS options?
The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are SOXS options bid/ask spreads?
Average bid/ask spread across the chain is 25.01%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.