Direxion Daily TSLA Bull 2X ETF (TSLL) Put/Call Volume History

Put/call volume ratio compares the number of put options traded to call options traded. Extreme readings can signal shifts in market sentiment relative to recent norms.

Direxion Daily TSLA Bull 2X ETF (TSLL) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $5.42B, listed on NASDAQ, carrying a beta of 3.40 to the broader market. The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of TSLA. Led by Daniel O'Neill, public since 2022-08-08.

Snapshot as of Jun 30, 2026.

Spot Price

$14.32

Call Volume

78.8K

Put Volume

33.5K

Total Volume

112.4K

Put/Call Ratio

0.43

As of Jun 30, 2026, Direxion Daily TSLA Bull 2X ETF (TSLL) traded 112.4K total options contracts. Volume split was 78.8K calls and 33.5K puts. Put/call volume ratio is 0.43. Elevated flow relative to the ticker's recent average can signal institutional positioning, pending news, earnings expectations, or hedging activity. Daily volume is the most responsive short-term gauge of changing demand.

How TSLL put/call volume history Data Feeds Strategy Selection

Strategy selection on Direxion Daily TSLA Bull 2X ETF options does not derive from any single metric in isolation. The put/call volume history view above sits inside a broader read: ATM IV currently sits at 91.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the put/call volume history 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.

How to read the TSLL volume data

The volume time-series above tracks Direxion Daily TSLA Bull 2X ETF options trading activity day by day. Volume is a flow measure - contracts traded per day across all strikes and expirations - so spikes flag activity, not positioning. Current put/call ratio is 0.43, call-heavy - speculative or bullish positioning dominates. Total call OI of 410.3K versus put OI of 181.5K gives a put/call OI ratio of 0.44 - structurally a slower-moving signal than the volume-based ratio.

TSLL flow vs positioning

Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current positive dealer-gamma regime, large OI clusters tend to act as price magnets through expiration cycles.

Using TSLL OI/volume data alongside other surfaces

Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for TSLL sits at 31 days, so near-dated volume currently dominates the flow reading.

Learn how options volume is reported and how to read the data →

Daily options volume for TSLL over the last ~41 trading days. Volume measures contracts traded per day across all strikes and expirations; combined with put/call ratio it tracks directional positioning flow.

Most recent 15 trading days (descending). Older history appears in the chart above.

Frequently asked TSLL put/call volume history questions

How much TSLL options volume traded today?

As of Jun 30, 2026, Direxion Daily TSLA Bull 2X ETF (TSLL) traded 112.4K total options contracts, split as 78.8K calls and 33.5K puts. Volume measures today's flow only; standing inventory is captured by open interest, which reconciles after the close.

What is the TSLL put/call volume ratio?

As of Jun 30, 2026, the put/call volume ratio is 0.43. Equity-only PCR has three competing interpretations - sentiment-contrarian (extremes signal turning points), hedging-flow (high PCR can be portfolio insurance demand rather than bearish bets), and informed-flow (the volume signal carries short-horizon predictive content per Pan and Poteshman 2006). Resolving which frame applies requires context on whether the flow is opening or closing and which strikes carry the activity.

Is TSLL options volume elevated?

Elevated flow relative to the TSLL recent average is one of the strongest signals of institutional positioning, pending news, earnings expectations, or hedging activity. The most informative reads combine elevated volume with directional structure (single-leg or vertical), aggressive execution (at the ask or sweep), and an upcoming catalyst on the calendar.