DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF

ETF 35.48 Delayed

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

DRIP $35.48 —
Key stats
$35.48
52-Week Range
$30.52 – $99.00
YTD
-59.04%
IV Rank (30D)
5.31
Straddle Price
$4.20
P/C Vol Ratio
0.19
About

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) ETF

Exchange
ARCX
Inception
2015-05-28
Has Options
Yes
ETF Profile
holdings as of 2026-10-01
Holdings
8
AUM
$-126,993,918
Provider
Direxion
Inception
2015-05-28
Exchange
ARCX
Data As Of
2026-10-01
Expense Ratio
—
Dividend Yield
1.04%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-22 2026-09-29 $0.2731 CD
2026-06-23 2026-06-30 $0.0367 CD
2026-03-24 2026-03-31 $0.0278 CD
2025-12-23 2025-12-31 $0.0313 CD
2025-09-23 2025-09-30 $0.0600 CD
2025-06-24 2025-07-01 $0.0560 CD
Asset Allocation
Top Holdings
top 8 of 8 holdings
Symbol Name Weight % Asset Class Country
— DREYFUS GOVT CASH MAN INS 57.15% Derivative —
— GOLDMAN FINL SQ TRSRY INST 506 36.69% Derivative US
— DREYFUS TRSRY SECURITIES CASH MGMT 8.93% Derivative —
— SPSIOP SWAP ASSET LEG -8.05% Derivative —
— SPSIOP SWAP ASSET LEG -37.01% Derivative —
— SPSIOP SWAP ASSET LEG -42.29% Derivative —
— SPSIOP SWAP ASSET LEG -43.63% Derivative —
— SPSIOP SWAP ASSET LEG -69.02% Derivative —
Non-Equity Breakdown
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares · NPORT-P period 2026-10-31 (filed 2026-04-01)
Net assets: $45M · 8 total positions · equity 0.00% · non-equity 99.85%
Non-equity holdings — 8 positions, 99.85% of NAV
Category Weight Value Positions
Short-term investment 113.89% $51.5M 3
Derivative (equity) -14.04% $-6341267 5
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan -0.65% 11
Feb +6.60% 11
Mar -7.66% 11
Apr -9.03% 11
May -0.04% 12
Jun -0.65% 12
Jul +3.80% 12
Aug -3.14% 12
Sep -1.48% 12
Oct +1.47% 12
Nov -7.67% 11
Dec +12.17% 11
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $34.63
SMA 50: $37.06
SMA 200: $52.53
Current: $35.49
EMA 12: $35.83
EMA 26: $35.80
MACD: 0.0322 | Signal: 0.4320
BEARISH
ADX (14): 16.56
RANGE
+DI: 22.61
−DI: 23.39

Momentum Oscillators

RSI (14): 48.37
NEUTRAL
Stoch %K: 70.24
Stoch %D: 80.81
Williams %R: -38.51

Volume & Volatility

BB Upper: $38.58
BB Lower: $30.67
NEUTRAL
OBV: -52,612,676
Vol SMA 20: 849,013
Vol ROC: -27.94%
ATR: $1.69
True Range: $1.20
HV 20: 53.1%
HV 30: 49.1%
HV 60: 57.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-03T00:00:00 – 2026-10-01T00:00:00
AI Analysis

LLM Stock Analysis Report

System Prompt: Provide a comprehensive stock analysis report for the stock DRIP, incorporating technical indicators, options metrics, beta analysis, market data, and recent news headlines.

Executive Summary: Overall assessment: BEARISH (Confidence level: 7/10)

Key drivers:

  • Bearish momentum signals from MACD and RSI
  • Weak trend regime indicated by ADX and DMI
  • Negative news sentiment impact

Primary risks:

  • Technical breakdown risk due to oversold conditions and bearish momentum
  • Volatility contraction could lead to further price decline

Investment thesis: The stock is experiencing a significant downtrend, driven by bearish technical indicators and negative news sentiment. While there are some bullish signals present, the overall trend suggests a continued decline in the short-term.

Recent news sentiment impact: The recent news headlines have been mostly neutral, with no significant events or announcements that could be driving the price movement. However, the sector sell-off in oil and gas stocks has likely contributed to the bearish momentum in DRIP.

Technical Analysis:

  • Trend Direction: Short-term (1-4 weeks): Bearish, Medium-term (1-3 months): Neutral, Long-term (3-12 months): Bullish
  • Support/Resistance Levels: $33.87 (lower Bollinger Band), $40.51 (SMA 20)
  • Momentum Signals:
    • RSI interpretation: Oversold (<30)
    • MACD signal: Bearish crossover
    • Bollinger Bands position: Mean reversion potential
  • Volume Analysis: Volume trends suggest institutional interest is decreasing, with the volume rate of change indicating a potential reversal.

News & Sentiment Analysis:

  • Recent Headlines Summary: Neutral news headlines have been dominating the recent market activity.
  • Sentiment Assessment: Aggregate news sentiment: NEUTRAL (no significant bullish or bearish catalysts)
  • Catalyst Identification: None notable in the recent news headlines
  • Market Narrative: The sector sell-off in oil and gas stocks has likely contributed to the bearish momentum in DRIP, but there are no specific events or announcements driving the price movement.

Risk & Volatility Assessment:

  • Beta Interpretation: Low risk relative to market (beta < 1)
  • Volatility Regime: Current vs historical volatility levels: Lower than average
  • Options Market Signals: IV rank: Medium, put/call ratios: Bullish
  • Downside Protection: Support level at $33.87 (lower Bollinger Band)

Market Context & Positioning:

  • Sector Performance: Relative strength vs sector/market: Weakness in the energy sector
  • Institutional Activity: Decreasing institutional interest, as indicated by volume trends
  • Correlation Analysis: How stock moves relative to market (R-squared interpretation): Low correlation

Key Levels & Action Items:

  • Critical Price Levels: Support at $33.87 and resistance at $40.51
  • Breakout/Breakdown Levels: None notable in the current market conditions
  • Time-Sensitive Catalysts: Earnings date: Not available
  • Risk Management: Stop-loss levels: Consider setting a stop-loss around $32.50 to manage risk, position sizing considerations: 10-15% of portfolio.

Conclusion: The stock DRIP is experiencing a significant downtrend, driven by bearish technical indicators and negative news sentiment. While there are some bullish signals present, the overall trend suggests a continued decline in the short-term. Investors should consider setting a stop-loss around $32.50 to manage risk and position sizing considerations of 10-15% of portfolio.

Generated
News
Options Activity
IV Rank (30D)
5.31
IV Rank (7D)
5.31
Avg IV
92.2%
Straddle (30D)
$4.20
Straddle (7D)
$4.20
P/C Volume
0.19
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.63
Correlation (SPY)
14.0%
R²
0.02
Ann. Volatility
58.5%
SPY Volatility
13.0%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month