Direxion Daily TSM Bull 2X ETF (TSMX) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

Direxion Daily TSM Bull 2X ETF (TSMX) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $191.0M, listed on NASDAQ, carrying a beta of 3.03 to the broader market. These two Direxion ETFs are designed to deliver daily investment outcomes that mirror or invert the performance of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) common shares, before accounting for fees and expenses. public since 2024-10-03.

Volatility skew analysis compares implied volatility across strikes and expirations. No recent options activity for TSMX as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how volatility skew is reported and how to read the data →