FAZ · Iron Condor Setups
Direxion Daily Financial Bear 3x ETF · ETF
Iron condor opportunities for FAZ 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.
FAZ IV rank history
30 sessionsIV rank = where today's implied volatility sits in its 1-year range (0–100). Above 50 favours selling premium; the shaded band marks 50–100.
Current Iron Condor Setup for FAZ
Score
26.98
Breach Rate
38.6%
216 of 560 observations
Avg Straddle
$2.73
7.9% of price
IV Rank
75%
IV Premium
1.95x
IV ÷ Realized Vol
Beta vs SPY
-1.81
P/C Vol
0.13
Current Price
$39.45
Score formula:
(1 − breach_rate) × avg_straddle × IV_premium_factor × beta_penalty.
Higher is better. FAZ is ranked against all other tracked symbols by score; see the
full Iron Condor Screener for the leaderboard.
FAZ IV Rank — Last 30 Days
| Date | IV Rank |
|---|---|
| 20261002 | 75% |
| 20261001 | 70% |
| 20260930 | 71% |
| 20260929 | 51% |
| 20260928 | 68% |
| 20260925 | 50% |
| 20260924 | 48% |
| 20260923 | 60% |
| 20260922 | 57% |
| 20260921 | 69% |
| 20260918 | 43% |
| 20260917 | 58% |
| 20260916 | 47% |
| 20260915 | 49% |
| 20260914 | 61% |
| 20260911 | 62% |
| 20260910 | 67% |
| 20260909 | 62% |
| 20260908 | 81% |
| 20260904 | 60% |
| 20260903 | 63% |
| 20260902 | 43% |
| 20260901 | 32% |
| 20260831 | 34% |
| 20260828 | 28% |
| 20260827 | 20% |
| 20260826 | 18% |
| 20260825 | 19% |
| 20260824 | 20% |
| 20260821 | 10% |
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.