USLV - Direxion Daily Silver Bull 2X ETF
VelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER. Delisted by Credit Suisse AG on July 2, 2020. No longer actively trading on exchanges and has no current business operations as a financial product.
As of Aug 28, 2026: spot at $17.02, ATM IV 82.5%, max pain $17.00, net GEX $440.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $2.3M
- Beta
- 0.00
- 52-Week Range
- 11.97-24.49
- Dividend Yield
- $0.04
- IPO Date
- May 27, 2026
- Exchange
- AMEX
What USLV Looks Like to Options Traders Today
positive net gamma exposure ($440) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.002) is roughly flat across the wings.
What This Page Covers
The USLV 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 USLV overview questions
- What is USLV?
- USLV is the ticker symbol for Direxion Daily Silver Bull 2X ETF, an listed exchange-traded fund. VelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER. Delisted by Credit Suisse AG on July 2, 2020. Listed on AMEX. USLV 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 USLV options snapshot look like today?
- As of Aug 28, 2026, the USLV options snapshot shows spot at $17.02, ATM IV 82.5%, max pain $17.00, net GEX $440, expected move 23.65%. 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 USLV's key statistics?
- Direxion Daily Silver Bull 2X ETF (USLV) carries a market capitalization of $2.3M, 52-week range of 11.97-24.49. 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 USLV belong to?
- Direxion Daily Silver 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 USLV'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 USLV data on this page?
- The options snapshot above is dated Aug 28, 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.