ERX · Iron Condor Setups
Direxion Daily Energy Bull 2X ETF · ETF
Iron condor opportunities for ERX based on the same scoring engine used in the Iron Condor Screener: breach rate, average straddle, IV rank, IV premium, and beta-adjusted scoring. Updated every 5 minutes during market hours.
ERX IV rank history
30 sessionsIV rank = where today's implied volatility sits in its range over the past 90 sessions (0–100).
Current Iron Condor Setup for ERX
Score
2.84
Breach Rate
39.3%
231 of 588 observations
Avg Straddle
$7.11
13.9% of price
IV Rank
52%
IV Premium
1.16x
IV ÷ Realized Vol
Beta vs SPY
-0.67
P/C Vol
1.38
Current Price
$100.27
Score formula:
(1 − breach_rate) × avg_straddle × IV_premium_factor × beta_penalty.
Higher is better. ERX is ranked against all other tracked symbols by score; see the
full Iron Condor Screener for the leaderboard.
ERX IV Rank — Last 30 Days
| Date | IV Rank |
|---|---|
| 20261109 | 52% |
| 20261106 | 72% |
| 20261105 | 90% |
| 20261104 | 55% |
| 20261103 | 78% |
| 20261102 | 100% |
| 20261030 | 94% |
| 20261029 | 60% |
| 20261028 | 89% |
| 20261027 | 77% |
| 20261026 | 87% |
| 20261023 | 100% |
| 20261022 | 90% |
| 20261021 | 78% |
| 20261020 | 60% |
| 20261019 | 52% |
| 20261016 | 57% |
| 20261015 | 54% |
| 20261014 | 56% |
| 20261013 | 51% |
| 20261012 | 53% |
| 20261009 | 30% |
| 20261008 | 38% |
| 20261007 | 38% |
| 20261006 | 42% |
| 20261005 | 46% |
| 20261002 | 47% |
| 20261001 | 33% |
| 20260930 | 35% |
| 20260929 | 49% |
More on ERX
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.