SPUU - Direxion Daily S&P 500 Bull 2X ETF

The Direxion Daily S&P 500 Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the S&P 500 Index. There is no guarantee the fund will achieve its stated investment objective.

As of May 15, 2026: spot at $212.30, ATM IV 31.2%, max pain $166.09, net GEX $6.7K.

Sector
Financial Services
Industry
Asset Management
Market Cap
$278.3M
Beta
2.04
52-Week Range
136.3-214.28
Dividend Yield
$2.95
IPO Date
May 28, 2014
Exchange
AMEX

What SPUU Looks Like to Options Traders Today

IV rank of 37.0% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($6.7K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.097) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The SPUU 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 SPUU overview questions

What is SPUU?
SPUU is the ticker symbol for Direxion Daily S&P 500 Bull 2X ETF, an listed exchange-traded fund. The Direxion Daily S&P 500 Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the S&P 500 Index. There is no guarantee the fund will achieve its stated investment objective. Listed on AMEX. SPUU 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 SPUU options snapshot look like today?
As of May 15, 2026, the SPUU options snapshot shows spot at $212.30, ATM IV 31.2%, IV rank 37.0%, max pain $166.09, net GEX $6.7K, expected move 8.94%. 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 SPUU's key statistics?
Direxion Daily S&P 500 Bull 2X ETF (SPUU) carries a market capitalization of $278.3M, 52-week range of 136.3-214.28. 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 SPUU belong to?
Direxion Daily S&P 500 Bull 2X 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 SPUU'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 SPUU data on this page?
The options snapshot above is dated May 15, 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.